CLIMB ON BIKES LIMITED

🌳Matureactive

07524410 · ltd · incorporated 2011-02-10

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 15.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2025

Net worth

£4

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Pursue

Asset-holding vehicle with a 73-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 15.3y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 15.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

6 officers (4 active, 6 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

2 connected companies via shared directors

Filing history

54 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £4

Very low cash

Cash position: £4

Cash YoY

+0%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£4

~ YoY

Net Worth

£4

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£4	£4
Cash	£4	£4
Net assets	£4	£4

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-04-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-13
📄
change-person-director-company-with-change-date
officers · CH01
2020-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-03-05
🔓
Charge satisfied #2
2019-11-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-22
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2018-03-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-02-19
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-02-19
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-02-08
📄
change-person-director-company-with-change-date
officers · CH01
2017-11-24
🔓
Charge satisfied #1
2017-11-22
🔒
Charge registered #2
Lender: Lloyds Bank PLC
2017-11-03
➕
KENCHINGTON, Angela appointed
secretary
2017-11-03
➕
KENCHINGTON, Alex Luke appointed
director
2017-11-03
➕
KENCHINGTON, Angela appointed
director
2017-11-03
➕
KENCHINGTON, Paul Godfrey appointed
director
2017-11-03
➖
BEACON, Clive Kennard resigned
director
2017-11-03
➖
BEACON, Helen Therese resigned
director
2011-04-06
🔒
Charge registered #1
Lender: National Westminster Bank PLC
2011-02-10
🏢
Company incorporated
As CLIMB ON BIKES LIMITED
2011-02-10
➕
BEACON, Clive Kennard appointed
director
2011-02-10
➕
BEACON, Helen Therese appointed
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Founder age: Director aged approximately 73 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

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

Group structure

The Bicycle Chain Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

The Bicycle Chain Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

CLIMB ON BIKES LIMITED

This company · 07524410

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
The Bicycle Chain Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	03/11/2017

2 historic (ceased) PSCs

Mr Clive Kennard Beaconceased 03/11/2017· 25-50% shares · 25-50% voting
Mrs Helen Therese Beaconceased 03/11/2017· 25-50% shares · 25-50% voting

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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COMEYTROWE SECURITY TRUSTEE LIMITED→ 12009715 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
COMPACT FOILERS LTD→ 06799045 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
COMPANY COMMERCE→ LP011490 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
CONCERNED CITIZENS LIMITED→ 12330655 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
CORNERSTONE COUNSELLING (SOUTH WEST) LLP→ OC396068 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
COTTONSOFT BABY LTD→ 06484776 · est 2008 · no financials extracted	—	—	—	—	18y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Typeltd

Incorporated2011-02-10

Jurisdictionengland-wales

Primary SIC99999 — SIC 99999

Registered office

Bicycle Chains

Salmon Parade

Bridgwater

Somerset

TA6 5PY

England

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-02-22

Last: 2026-02-08

Officers (4 active · 2 resigned)

KENCHINGTON, Angela→

secretary · appointed 2017-11-03

View their other companies + combined net worth →

Active

KENCHINGTON, Alex Luke→

director · ~43y · appointed 2017-11-03

View their other companies + combined net worth →

Active

KENCHINGTON, Angela→

director · ~67y · appointed 2017-11-03

View their other companies + combined net worth →

Active

KENCHINGTON, Paul Godfrey→

director · ~73y · appointed 2017-11-03

View their other companies + combined net worth →

Active

BEACON, Clive Kennard→

director · ~64y · appointed 2011-02-10 · resigned 2017-11-03

Resigned

BEACON, Helen Therese→

director · ~64y · appointed 2011-02-10 · resigned 2017-11-03

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Lloyds Banking Group Lloyds Bank PLC	A registered charge	1 property	22/11/2017	05/03/2020
	satisfied	National Westminster Bank National Westminster Bank PLC	Debenture	1 property	06/04/2011	24/11/2017