CYCLE SOLUTIONS THE FALMOUTH BIKE SHOP LTD.

💤Zombieactive
04216183 · private-limited-guarant-nsc · incorporated 2001-05-14
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£-6.0k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 33170
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47640SIC 47640
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
9 officers (1 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £5,991
Cash YoY
+180%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↑ 180% YoY
Net Worth
-£6k
↑ 5.2% YoY
Current Assets
£17k
↓ 1.1% YoY
Current Liabilities
—
-£6k-£2k£3k£8k£13k£17kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£13.7k£13.4k
Current assets£17.1k£17.3k
Cash£1.5k£521
Debtors£19—
Net assets£-6.0k£-6.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-03-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-06-06
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  12. 2016-01-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-05-18
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  14. 2015-03-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-05-21
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  16. 2008-04-08
    ➖
    SLYDEL, Karen Annette resigned
    secretary
  17. 2006-10-13
    ➖
    REYNOLDS, Steve William Whitfield resigned
    secretary
  18. 2006-10-13
    ➕
    SLYDEL, Karen Annette appointed
    secretary
  19. 2006-10-13
    ➖
    REYNOLDS, Steve William Whitfield resigned
    director
  20. 2004-02-25
    ➕
    REYNOLDS, Steve William Whitfield appointed
    secretary
  21. 2004-02-25
    ➖
    WILDE, Kate Amelia resigned
    secretary
  22. 2004-02-25
    ➖
    BROWN, Martin resigned
    director
  23. 2003-01-31
    ➖
    TURNER, Frank resigned
    director
  24. 2003-01-30
    ➖
    SWALLOW, Nicholas Hugh resigned
    director
  25. 2002-11-29
    ➕
    BROWN, Martin appointed
    director
  26. 2002-08-30
    ➖
    JAMES, David Jonathan resigned
    director
  27. 2001-12-01
    ➕
    TURNER, Frank appointed
    director
  28. 2001-06-30
    ➕
    SWALLOW, Nicholas Hugh appointed
    director
  29. 2001-05-15
    ➕
    JAMES, David Jonathan appointed
    director
  30. 2001-05-14
    🏢
    Company incorporated
    As CYCLE SOLUTIONS THE FALMOUTH BIKE SHOP LTD.
  31. 2001-05-14
    ➕
    SLYDEL, Paul Timothy Philip appointed
    director
  32. 2001-05-14
    ➕
    WILDE, Kate Amelia appointed
    secretary
  33. 2001-05-14
    ➕
    REYNOLDS, Steve William Whitfield appointed
    director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Paul Timothy Philip Slydel
Individual · English · DOB 08/1959 · age 67
——sig. influencesignificant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · TR postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COUNTRY COW DESIGNS LIMITED→
13261839 · est 2021 · no financials extracted
————5y——
COWLEY STONE & SLATE LTD→
11684803 · est 2018 · no financials extracted
————7y——
CUSTOM AWARDS LTD→
14826062 · est 2023 · no financials extracted
————2y——
D.C ENGINEERING MAINTENANCE LIMITED→
14187204 · est 2022 · no financials extracted
————3y——
DEAD MAN'S HUT LTD→
14961931 · est 2023 · no financials extracted
————2y——
DESTILLERZ LTD→
16375305 · est 2025 · no financials extracted
————1y——
DEVORAN METALS LIMITED→
00882295 · est 1966 · no financials extracted
————59y——
DIGITAL FABRICATIONS LIMITED→
08530641 · est 2013 · no financials extracted
————12y——
DJR ROOF TRUSSES LIMITED→
01865444 · est 1984 · no financials extracted
————41y——
DMS CORNWALL LIMITED→
15267101 · est 2023 · no financials extracted
————2y——
DMS MOORCROFT LIMITED→
15267089 · est 2023 · no financials extracted
————2y——
DMS SOUTH MOLTON LIMITED→
15133890 · est 2023 · no financials extracted
————2y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2001-05-14
Jurisdictionengland-wales
Primary SIC33170 — SIC 33170

Registered office

Unit 1 Jubilee Wharf
Commercial Road
Penryn
Cornwall
TR10 8AE

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-28
Last: 2026-05-14

Officers (1 active · 8 resigned)

SLYDEL, Paul Timothy Philip→
director · ~67y · appointed 2001-05-14
View their other companies + combined net worth →
Active
REYNOLDS, Steve William Whitfield→
secretary · appointed 2004-02-25 · resigned 2006-10-13
Resigned
SLYDEL, Karen Annette→
secretary · appointed 2006-10-13 · resigned 2008-04-08
Resigned
WILDE, Kate Amelia→
secretary · appointed 2001-05-14 · resigned 2004-02-25
Resigned
BROWN, Martin→
director · ~74y · appointed 2002-11-29 · resigned 2004-02-25
Resigned
JAMES, David Jonathan→
director · ~67y · appointed 2001-05-15 · resigned 2002-08-30
Resigned
REYNOLDS, Steve William Whitfield→
director · ~65y · appointed 2001-05-14 · resigned 2006-10-13
Resigned
SWALLOW, Nicholas Hugh→
director · ~66y · appointed 2001-06-30 · resigned 2003-01-30
Resigned
TURNER, Frank→
director · ~79y · appointed 2001-12-01 · resigned 2003-01-31
Resigned

Click a director name to see their full track record across all companies.

Recent filings (70 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-15