EVANS CYCLES LIMITED

1. EVANS CYCLES LIMITED 2018-11-14 → present
2. SDI (PROPCO 78) LIMITED 2018-09-19 → 2018-11-14

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

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.

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -14.2%

  £40,052,000 → £34,350,000

• Cash

  -12.3%

  £676,000 → £593,000

• Net assets

  +0.8%

  -£46,960,000 → -£46,572,000

• Employees

  -5.7%

  387 → 365

• Operating profit

  +117.1%

  -£3,611,000 → £618,000

• Profit before tax

  +117.1%

  -£3,611,000 → £617,000

• Wages

  -11.2%

  £7,306,000 → £6,490,000

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