EVANS CYCLES LIMITED
Get an alert when EVANS CYCLES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£593K
-12.3% vs 2024
Net assets
-£47M
+0.8% vs 2024
Employees
365
-5.7% vs 2024
Profit before tax
£617K
+117.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-27
| Metric | Trend | 2024-04-28 | 2025-04-27 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £40,052,000 | £34,350,000 | -14.2% | |
| Operating profit | -£3,611,000 | £618,000 | +117.1% | |
| Profit before tax | -£3,611,000 | £617,000 | +117.1% | |
| Net profit | -£3,312,000 | £388,000 | +111.7% | |
| Cash | £676,000 | £593,000 | -12.3% | |
| Total assets less current liabilities | -£42,449,000 | -£43,143,000 | -1.6% | |
| Net assets | -£46,960,000 | -£46,572,000 | +0.8% | |
| Equity | -£46,960,000 | -£46,572,000 | +0.8% | |
| Average employees | 387 | 365 | -5.7% | |
| Wages | £7,306,000 | £6,490,000 | -11.2% | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-04-28 | 2025-04-27 |
|---|---|---|---|
| Operating margin | -9.0% | 1.8% | |
| Net margin | -8.3% | 1.1% | |
| Current ratio | 0.17x | 0.10x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- EVANS CYCLES LIMITED 2018-11-14 → present
- SDI (PROPCO 78) LIMITED 2018-09-19 → 2018-11-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the period end the company had a deficit of £46,572k. The deficit is funded by loans from other group companies which will not be called for repayment unless cash flow permits for a minimum period of 12 months from the approval of these financial statements. The directors consider with parent company support that it is appropriate for the accounts to be prepared on a going concern basis.”
Significant events
- “On 2 July 2025, the Group entered into a new term loan and revolving credit facility with its banks to replace its existing financing facilities. This provides the Group with access to borrowings of up to an aggregate amount of £3.0bn over the next three years (with 2 one-year extension options for a total tenor of up to five years), with an option to increase the facility by £0.5bn at the lenders' discretion.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DICK, Alastair Peter Orford | Director | 2019-03-14 | Jun 1983 | British |
| MOORE, Adam Lee | Director | 2024-12-05 | Aug 1986 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OLSEN, Cameron John | Secretary | 2018-09-19 | 2019-07-01 |
| PIPER, Thomas James | Secretary | 2019-07-01 | 2022-07-28 |
| ADEGOKE, Adedotun Ademola | Director | 2018-09-19 | 2024-12-05 |
| PIPER, Thomas James | Director | 2022-08-10 | 2022-08-15 |
| STOCKTON, Rachel Isabel Lilian | Director | 2018-09-19 | 2019-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Frasers Group Trading Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-10-31 | Active |
| Sdi Property Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-19 | Ceased 2018-10-31 |
Filing timeline
Last 20 of 35 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | AA | accounts | Accounts with accounts type full | |
| 2026-04-28 | AA01 | accounts | Change account reference date company current shortened | |
| 2026-03-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2025-04-29 | AA01 | accounts | Change account reference date company current shortened | |
| 2025-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-06 | AA | accounts | Accounts with accounts type full | |
| 2024-07-03 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-07-02 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-12 | AA | accounts | Accounts with accounts type full | |
| 2023-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-15 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-10 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-03-30 | AA | accounts | Accounts with accounts type full | |
| 2022-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.