DE VER CYCLES LTD
Company number 05191038 · Monitor this company
Executive summary
De Ver Cycles Ltd presents a deteriorating credit profile, with net assets declining 48% in the latest year, cash reserves depleted by 72%, and bank borrowings surging nearly seven-fold. The company's liquidity is critically dependent on converting inventory to cash, with a quick ratio of just 0.11x and 93% of current assets tied up in stock. While the business retains a positive net asset position of £361k and has a 20-year trading history, the current trajectory is concerning and warrants conditional approval only, with strict covenants around inventory management, cash flow monitoring, and profitability restoration.
Shareholders' funds
£361,056
Balance sheet as at 2025-07-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2004-07-28
- Employees
- 7 (2025 accounts · was 5 in 2024)
- Registered office
- 632-636 Streatham High Road, London, England, SW16 3QL
- Postcode
- SW16 3QL
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-07-31
- Next due by
- 2027-04-30
- Financial year end
- 30 July
Confirmation statement
- Last statement dated
- 2026-07-28
- Next due by
- 2027-08-11
Nature of business (SIC)
- 47640 Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
Officers 1 current · 3 resigned
Contact details
- Website
- devercycles.co.uk
- Phone
- 02086796197, 02086716197
Previous registered addresses 4
| Address | Changed on |
|---|---|
| 632-636 STREATHAM HIGH ROAD, NORBURY, LONDON, SW16 5HE | 2013-06-13 |
| ENDEAVOUR HOUSE 78 STAFFORD ROAD, WALLINGTON, SURREY, SM6 9AY | 2012-06-18 |
| 632-634 STREATHAM HIGH ROAD, LONDON, SW16 3QL | 2010-01-14 |
| 632-634 STREATHAM HIGH ROAD, LONDON, SW16 3QL | 2004-08-06 |
Among its peers
Top 10%
by shareholders' funds, of 66 similar companies in SW
Among the biggest employers among its local peers (7 staff).
Among the oldest 25% of its local peers, trading since 2004.
Competitors London
This company ranks 4 among retail sale of sports goods, fishing gear, camping goods, boats and bicycles in London.
The class of 2004
37%
of the 135,819 companies incorporated in 2004 are still active today; 60% have since been dissolved.
A fact about the year, not a forecast for this company.