Company Overview
Pace Cycles Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 24 May 1989, so this is a well established company. Pace Cycles Limited has been in business for 36 years and 10 months. The accounts status is micro entity and the accounts are next due on Sunday 31 May 2026.
Registered Address

Eaglehurst, 12 Quay Road, Bridlington, East Riding Of Yorkshire, YO15 2AD
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NamePACE CYCLES LIMITED
Company Number02388618
Registered Office AddressEaglehurst
 12 Quay Road
 YO15 2AD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/05/1989
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/06/2017
Returns Last Made Up Date14/05/2016
Directors & Members
Show Resigned
Adrian Carter - Director
(British, 72 years old, born September 1954)
Catherine Carter - Director
(British, 70 years old, born December 1956)
Appointed 02 December 1998
 Active
Secretaries
Show Resigned
Other Company Directorships
Adrian Carter
SUTTON BANK BIKES LIMITED
Catherine Carter
DALBY BIKE BARN LIMITED
SUTTON BANK BIKES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 197,861 197,861 203,461
Current Assets 197,959 197,959 237,004
Creditors Due Within One Year 275,926 275,926 297,381
Working Cap -77,967 -77,967 -60,377
Total Assets Less Current Liabilities 119,894 119,894 143,084
Long-term Liabilities 60,023 60,023 79,602
Net Assets 59,871 59,871 63,482
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 59,871 59,871 63,482
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 50.0% 50.0% 46.2%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 50.0% 50.0% 53.8%
Creditors Due Within One Year 69.7% 69.7% 67.5%
Net Current Assets Liabilities -19.7% -19.7% -13.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 15.1% 15.1% 14.4%
Capital Employed - - -
Total Assets Less Current Liabilities 30.3% 30.3% 32.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 0.7 0.7 0.8
Solvency Ratio 1.2 1.2 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 395,820 395,820 440,465
Debt 335,949 335,949 376,983
Net Assets/Debt 59,871 59,871 63,482

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around YO15 2AD
No other companies found in the same location
Document Filings
Confirmation statement made on 30 March 2026 with updates
Secretary's details changed for Mrs Catherine Elizabeth Carter on 1 November 2025
Change of details for Mrs Catherine Elizabeth Carter as a person with significant control on 1 November 2025
Director's details changed for Mrs Catherine Elizabeth Carter on 1 November 2025
Director's details changed for Adrian John Carter on 1 November 2025
Director's details changed for Adrian John Carter on 1 November 2025
Change of details for Mr Adrian John Carter as a person with significant control on 1 November 2025
Director's details changed for Mrs Catherine Elizabeth Carter on 1 November 2025
Confirmation statement made on 30 March 2025 with updates
Confirmation statement made on 30 March 2024 with updates
Confirmation statement made on 30 March 2023 with updates
Confirmation statement made on 30 March 2022 with updates
Confirmation statement made on 30 March 2021 with updates
Confirmation statement made on 30 March 2020 with updates
Registered office address changed from 34/35 Queen Street Bridlington North Humberside YO15 2SP to Eaglehurst 12 Quay Road Bridlington East Riding of Yorkshire YO15 2AD on 12 February 2020
Director's details changed for Adrian John Carter on 30 October 2019
Director's details changed for Adrian John Carter on 30 October 2019
Confirmation statement made on 30 March 2019 with no updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free