SPECIALIZED (UK) RETAIL LIMITED
Get an alert when SPECIALIZED (UK) RETAIL 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
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-22 (in 7mo)
Last made up 2025-12-08
Watchouts
None on the register
Cash
£41K
-49.8% lowest in 3 filed years
Net assets
-£1M
-5.7% lowest in 3 filed years
Employees
32
0% vs 2023
Profit before tax
£41K
+106.8% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | £2,733,884 | £5,592,674 | £5,093,064 | |
| Operating profit | -£518,113 | -£326,349 | £253,863 | |
| Profit before tax | -£604,864 | -£599,884 | £41,018 | |
| Net profit | -£604,864 | -£406,965 | -£57,345 | |
| Cash | £324,829 | £81,579 | £40,959 | |
| Total assets less current liabilities | £15,598,894 | £8,571,498 | £3,025,739 | |
| Net assets | -£604,863 | -£1,011,828 | -£1,069,173 | |
| Equity | -£604,863 | -£1,011,828 | -£1,069,173 | |
| Average employees | 29 | 32 | 32 | |
| Wages | £517,660 | £899,408 | £1,003,630 | |
| 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-8.9%
£5,592,674 £5,093,064
-
Cash
-49.8%
£81,579 £40,959
lowest in 3 filed years
-
Net assets
-5.7%
-£1,011,828 -£1,069,173
lowest in 3 filed years
-
Employees
0%
32 32
-
Operating profit
+177.8%
-£326,349 £253,863
highest in 3 filed years
-
Profit before tax
+106.8%
-£599,884 £41,018
highest in 3 filed years
-
Wages
+11.6%
£899,408 £1,003,630
highest in 3 filed years
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | -19.0% | -5.8% | 5.0% | |
| Net margin | -22.1% | -7.3% | -1.1% | |
| Return on capital employed | -3.3% | -3.8% | 8.4% | |
| Gearing (liabilities / total assets) | — | 107.2% | 110.8% | |
| Current ratio | — | 2.25x | 1.28x | |
| Interest cover | -5.97x | -1.19x | 0.39x |
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
- Standalone (parent only)
- Auditor
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Detailed forecasts have been prepared, including cash flows. These show the company is able to meet its day to day liabilities as they fall due. Assumptions used in building these forecasts are based on actual recent data. On that basis these financial statements have been prepared on a going concern basis. The company has no external debt and has the support of the wider Specialized group.”
Group structure
- SPECIALIZED (UK) RETAIL LIMITED · parent
- Rutland Cycling 2013 Limited 100%
- Rutland Water Cycling Limited 100%
- Cambridge Station Cycles Limited 100%
- Fineshare Cycling LLP 2%
Significant events
- “Since the year end, two of the stores held have been sold to third parties. These stores were shut on 28 March 2025 and 2 May 2025 for a consideration of £103,709 and £309,540 respectively. The sales agreements were for all assets held at the sites, including stock and fixed assets and the transfer of existing leases.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOMER, Simon | Director | 2021-12-09 | Feb 1974 | British |
| KERLE, Peter | Director | 2025-03-13 | Feb 1983 | Austrian |
| WYRSCH, Martin | Director | 2021-12-09 | Aug 1972 | Swiss |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TILLER, Joseph Michael | Director | 2021-12-09 | 2025-02-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Specialized (Uk) Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-12-09 | Ceased 2022-12-21 |
| Michael Sinyard Seperate Property Trust | Corporate entity | Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 2021-12-09 | Active |
Filing timeline
Last 14 of 14 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-05 | AA | accounts | Accounts with accounts type full | |
| 2025-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-03 | AA | accounts | Accounts with accounts type small | |
| 2024-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-07 | AA | accounts | Accounts with accounts type full | |
| 2022-12-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-12-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-12-09 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.