BICYCLE LONDON LIMITED
Get an alert when BICYCLE LONDON LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
None on the register
Cash
£13M
+68.1% highest in 3 filed years
Net assets
£2M
+50.6% vs 2024
Employees
37
+48% vs 2024
Profit before tax
£2M
+61.3% vs 2024
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2025-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £21,955,160 | £35,783,115 | |
| Operating profit | — | — | £860,348 | £1,390,930 | |
| Profit before tax | — | — | £960,034 | £1,548,703 | |
| Net profit | — | — | £718,323 | £1,157,071 | |
| Cash | — | £6,474,781 | £7,516,906 | £12,637,769 | |
| Total assets less current liabilities | — | — | £884,166 | £973,851 | |
| Net assets | — | — | £1,158,773 | £1,745,020 | |
| Equity | £867 | £655,244 | £1,158,773 | £1,745,020 | |
| Average employees | — | — | 25 | 37 | |
| Wages | — | — | £1,722,831 | £2,406,817 | |
| Directors' remuneration | — | — | £420,081 | £397,470 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+63%
£21,955,160 £35,783,115
-
Cash
+68.1%
£7,516,906 £12,637,769
highest in 3 filed years
-
Net assets
+50.6%
£1,158,773 £1,745,020
-
Employees
+48%
25 37
-
Operating profit
+61.7%
£860,348 £1,390,930
-
Profit before tax
+61.3%
£960,034 £1,548,703
-
Wages
+39.7%
£1,722,831 £2,406,817
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 3.9% | 3.9% | |
| Net margin | — | — | 3.3% | 3.2% | |
| Return on capital employed | — | — | 97.3% | 142.8% | |
| Current ratio | — | — | 1.14x | 1.13x | |
| Interest cover | — | — | — | 341.25x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Lindeyer Francis Ferguson Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- BICYCLE LONDON LIMITED · parent
- Bicycle International Limited 100%
- Bicycle Studio Limited 100%
Significant events
- “FY2025 was a transformative year for Bicycle London Group. In a climate of economic uncertainty, we didn't just grow; we outperformed our financial targets, forged powerful new client partnerships, and solidified our position as one of the UK's leading independent agencies.”
- “We delivered a landmark 48% year-on-year growth in Gross Profit to £5.64m, with an EBITDA of £1.76m that surpassed our budget.”
- “Our pitch conversion rate exceeded 70%, leading to major new wins including Papa John's, OpenTable, and zooplus—all of whom have been retained into FY2026, validating our long-term partnership approach.”
- “Our work with Papa Johns culminated in the launch of their new brand platform, 'Devoted to the Dough'. As our first fully integrated creative and media campaign, it drove a significant uptick in their sales performance.”
- “Our excellence was recognised across the board. We were awarded an 8 in Campaign Magazine's Annual School Report—the highest of any UK independent—and named 'One to Watch' for 2025. This was followed by Bronze for Campaign's Media Agency of the Year and the coveted Media Leader of The Year award for our CEO, Henry Daglish.”
- “Our headcount grew from 33 to 45, yet we maintained an industry-leading staff turnover of less than 10%.”
- “We are incredibly proud of Simone Gayle being named one of Management Today's '35 Women Under 35' and Alex Eyles featuring in Campaign's '30 Under 30'.”
- “Continuing our XO Bikes partnership to support ex-offenders and strengthening our ethical screening process for all clients and suppliers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Reema | Secretary | 2025-09-26 | — | — |
| AVERY, Pedro Mark Daniel | Director | 2021-03-02 | Dec 1969 | British |
| DAGLISH, Henry | Director | 2021-06-10 | Feb 1975 | British |
| JARVIS, Mark Beese | Director | 2021-03-02 | Aug 1961 | British |
| MARI, Erika | Director | 2021-06-10 | Nov 1983 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AVERY, Elizabeth Rebecca | Director | 2021-03-02 | 2021-06-10 |
| DOUGLAS, Graeme | Director | 2021-06-10 | 2026-03-11 |
| ELLSE, Simon Richard | Director | 2021-03-02 | 2021-06-10 |
| OGUNDEKO, Lauren Jones | Director | 2021-08-05 | 2022-08-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Pedro Mark Daniel Avery | Individual | Shares 25–50%, Voting 25–50% | 2021-04-27 | Active |
| Mr Henry Daglish | Individual | Shares 25–50%, Voting 25–50% | 2021-04-27 | Active |
Filing timeline
Last 20 of 43 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-08 MA Memorandum articles
- 2026-04-08 RESOLUTIONS Resolution
- 2025-08-22 RESOLUTIONS Resolution
- 2025-08-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-17 | SH06 | capital | Capital cancellation shares | |
| 2026-04-17 | SH03 | capital | Capital return purchase own shares | |
| 2026-04-15 | SH06 | capital | Capital cancellation shares | |
| 2026-04-15 | SH06 | capital | Capital cancellation shares | |
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-08 | MA | incorporation | Memorandum articles | |
| 2026-04-08 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-07 | SH08 | capital | Capital name of class of shares | |
| 2026-04-07 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-03-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type group | |
| 2025-09-26 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-08-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-28 | AA | accounts | Accounts with accounts type group | |
| 2024-10-28 | CH01 | officers | Change person director company with change date | |
| 2024-10-28 | CH01 | officers | Change person director company with change date | |
| 2024-10-25 | CH01 | officers | Change person director company with change date | |
| 2024-06-04 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 6
- Officers appointed
- 1
- Officers resigned
- 1
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.