Cycle Exchange Ltd

Key Facts

Net Assets

Current: £1,301,583

Previous: £32,804

Change: +1,268,779 (+3867.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £3,040,679

Previous: £783,857

Change: +£2,256,822 (+287.9%)

Comment: Current assets increased significantly.

Cash

Current: £2,258,588

Previous: £80,032

Change: +£2,178,556 (+2722.1%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £996,722

Previous: £319,465

Change: +£677,257 (+212%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £2,218,355

Previous: £291,887

Change: +£1,926,468 (+660%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £118,786

Previous: £60,382

Change: +£58,404 (+96.7%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 19

Previous: 20

Change: -1 (-5%)

Comment: A slight contraction.