Inspired Cycle Engineering Limited in Falmouth, TR11 4SN

Description

Data updated on: 01-11-2023

Inspired Cycle Engineering started conducting its business in 1998 as a Private Limited Company under the ID 03644306. The business has been active for twenty seven years and it's currently active. This firm's headquarters is based in Falmouth at Unit 15 Tregoniggie Industrial Estate. You can also locate this business utilizing its postal code, TR11 4SN. Established as Beadgold, it used the business name up till 1998, at which moment it was replaced by Inspired Cycle Engineering Limited. This business's SIC and NACE codes are 30920 and has the NACE code: Manufacture of bicycles and invalid carriages. Inspired Cycle Engineering Ltd released its account information for the financial period up to 2022-12-31. The company's latest confirmation statement was filed on 2023-08-26.

When it comes to this specific business, the majority of director's assignments have so far been carried out by Neil S. and Christopher P.. Within the group of these two individuals, Neil S. has supervised business the longest, having become a vital addition to the Management Board on November 1998. To support the directors in their duties, the abovementioned business has been utilizing the skills of Neil S. as a secretary since November 1998.

Previous company's names
Inspired Cycle Engineering Limited 1998-11-16
Beadgold Limited 1998-10-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	489 037	537 057	634 359	710 995	687 163

Balance Sheet
Cash Bank In Hand	115 863	126 424	112 924	231 281	19 538
Cash Bank On Hand					19 538	150 943	19 146	283 854	375 312	621 599	487 299	127 021	74 817
Current Assets	702 085	667 204	637 848	826 987	765 155	784 202	767 723	937 132	1 572 524	1 592 353	1 833 643	2 542 701	2 239 103
Debtors	6 472	74 845	57 250	29 529	68 478	46 798	42 022	58 968	35 586	19 005	57 143	51 223	99 065
Net Assets Liabilities					687 163	794 439	930 152	924 855	1 278 190	1 622 771	1 600 979	1 953 643	1 937 495
Net Assets Liabilities Including Pension Asset Liability	489 037	537 057	634 359	710 995	687 163
Property Plant Equipment					373 872	361 188	359 251	359 074	364 554	411 935	409 169	397 675	387 530
Stocks Inventory	568 384	441 017	450 506	548 412	661 148
Tangible Fixed Assets	26 658	395 695	381 327	378 240	373 872
Total Inventories					661 148	574 409	694 571	580 387	1 146 798	918 657	1 257 821	2 323 340	2 015 220

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	489 035	537 055	634 357	710 993	687 161
Shareholder Funds	489 037	537 057	634 359	710 995	687 163

Other Financial Data
Accrued Liabilities					3 992	3 842	4 001	5 110	4 307	5 608	5 705	7 050	5 180
Accumulated Depreciation Impairment Property Plant Equipment					112 402	125 086	136 223	148 921	163 399	177 478	192 506	204 000	214 145
Average Number Employees During Period						23	26	26	32	38	38	35	29
Bank Borrowings					130 098	103 859	76 506	48 350	19 225	50 000	47 645	38 079	28 270
Bank Borrowings Overdrafts					11 862	23 647	48 421	28 507	19 225	5 324	9 566	227 579	18 214
Bank Overdrafts							20 814					217 771	211 204
Bills Exchange Payable					260 489	151 979		216 372	423 671	91 176	442 706	478 623	113 401
Corporation Tax Payable						43 803	55 727	19 285	94 491	79 919		83 075	39 362
Corporation Tax Recoverable					7 521	2 821		5 133	18 151		9 934	9 934	9 934
Creditors					106 451	80 212	48 899	19 843	646 727	44 676	38 079	28 271	18 214
Creditors Due After One Year		179 932	155 849	131 618	106 451
Creditors Due Within One Year	235 245	338 744	222 790	355 326	337 405
Increase From Depreciation Charge For Year Property Plant Equipment						12 684	11 137	12 698	14 478	14 079	15 028	11 494	10 145
Net Current Assets Liabilities	466 840	328 460	415 058	471 661	427 750	520 416	628 177	595 423	925 797	1 267 536	1 238 069	1 587 473	1 570 631
Number Shares Allotted		100	100	100	100
Number Shares Issued Fully Paid						100	100	100	100	100	100	100	100
Par Value Share		1	1	1	1	1	1	1	1	1	1	1	1
Prepayments Accrued Income Current Asset	11 366	24 918	17 168	17 765	15 991
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal					15 991	12 052	11 984	13 923	14 828	33 092	31 380	41 117	50 001
Property Plant Equipment Gross Cost					486 274	486 274	495 474	507 995	527 953	589 413	601 675	601 675
Provisions					8 008	6 953
Provisions For Liabilities Balance Sheet Subtotal					8 008	6 953	8 377	9 799	12 161	12 024	8 180	3 234	2 452
Provisions For Liabilities Charges	4 461	7 166	6 177	7 288	8 008
Recoverable Value-added Tax					35 635	35 792	29 901	33 613		664	1 751	2 500	1 769
Secured Debts		304 884	317 762	441 867	390 587
Share Capital Allotted Called Up Paid	2	2	2	2	2
Tangible Fixed Assets Additions		384 610	3 188	13 235	11 438
Tangible Fixed Assets Cost Or Valuation	73 803	458 413	461 601	474 836	486 274
Tangible Fixed Assets Depreciation	47 145	62 718	80 274	96 596	112 402
Tangible Fixed Assets Depreciation Charged In Period		15 573	17 556	16 322	15 806
Total Additions Including From Business Combinations Property Plant Equipment							9 200	12 521	19 958	61 460	12 262
Total Assets Less Current Liabilities	493 498	724 155	796 385	849 901	801 622	881 604	987 428	954 497	1 290 351	1 679 471	1 647 238	1 985 148	1 958 161
Total Borrowings					390 587	230 748	97 320	48 350			47 645	255 850	239 474
Trade Creditors Trade Payables					47 211	40 081	31 397	72 435	105 033	142 790	137 597	158 901	289 269
Trade Debtors Trade Receivables					25 322	8 064	10 681	20 222	17 435	18 341	45 458	38 789	87 362

Company staff

Neil S.

Role: Secretary

Appointed: 06 November 1998

Latest update: 25 December 2024

Neil S.

Role: Director

Appointed: 06 November 1998

Latest update: 25 December 2024

Christopher P.

Role: Director

Appointed: 06 November 1998

Latest update: 25 December 2024

People with significant control

The companies with significant control over this firm are: Ice Trikes Trustees Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Falmouth at Tregoniggie Industrial Estate, TR11 4SN and was registered as a PSC under the reg no 14220605.

Ice Trikes Trustees Limited

Address: Unit 15 Tregoniggie Industrial Estate, Falmouth, TR11 4SN, England

Legal authority Companies Act 2006

Legal form Company

Country registered England

Place registered Companies House

Registration number 14220605

Notified on 14 November 2022

Nature of control:

right to manage directors

over 3/4 of shares

3/4 to full of voting rights

Neil S.

Notified on 6 April 2016

Ceased on 14 November 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Christopher P.

Notified on 6 April 2016

Ceased on 14 November 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	09 September 2024
Confirmation statement last made up date	26 August 2023

Annual Accounts 4 September 2014
Start Date For Period Covered By Report	01 January 2013
End Date For Period Covered By Report	31 December 2013
Date Approval Accounts	4 September 2014
Annual Accounts 30 September 2015
Start Date For Period Covered By Report	01 January 2014
End Date For Period Covered By Report	31 December 2014
Date Approval Accounts	30 September 2015
Annual Accounts 27 September 2016
Start Date For Period Covered By Report	01 January 2015
End Date For Period Covered By Report	31 December 2015
Date Approval Accounts	27 September 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022
Annual Accounts
Start Date For Period Covered By Report	01 January 2023
End Date For Period Covered By Report	31 December 2023
Annual Accounts 9 September 2013
End Date For Period Covered By Report	31 December 2012
Date Approval Accounts	9 September 2013

Inspired Cycle Engineering Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Neil S.

Neil S.

Christopher P.

C & M Secretaries Limited

C & M Registrars Limited

People with significant control

Ice Trikes Trustees Limited

Neil S.

Christopher P.

Accounts Documents

Company filings

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