Certini Bicycle Company Limited
Registered name: CERTINI BICYCLE COMPANY LIMITED
Part of Certini (Holdings) No 2 Limited groupCertini Bicycle Company Limited made £15.6m revenue and £1.6m profit in the year to 30 Apr 2024.
Certini Bicycle Company Limited’s revenue grew 21% to £15.6m in the year to 30 Apr 2024, with £1.6m profit and 43 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Saltash; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Saltash, South West
- Age
- 20 yrs · since 2006
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Certini (Holdings) Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.6m | £13m | £15.6m |
| Cost of sales | £10.4m | £10.2m | £11.3m |
| Gross profit | £5.2m | £2.8m | £4.3m |
| Operating profit | £3.1m | £963k | £2.2m |
| Profit before tax | £3.1m | £949k | £2.2m |
| Profit after tax | £2.5m | £765k | £1.6m |
| Profit (best available) | £2.5m | £765k | £1.6m |
| Staff costs | £1.4m | £1.3m | £1.5m |
| Employees (average) | 49 | 50 | 43 |
| Ratios | |||
| Profit margin | 15.9% | 5.9% | 10.4% |
| Gross margin | 33.3% | 21.4% | 27.7% |
| Revenue per employee | £318k | £259k | £364k |
| Profit per employee | £50.5k | £15.3k | £37.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼16.9% | ▲20.8% |
| Profit growth | — | ▼69.1% | ▲112.4% |
| Headcount growth | — | ▲2% | ▼14% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.5m | £2.3m | £2.9m |
| Net assets | £5.2m | £5.2m | £6.1m |
| Fixed assets | £1m | £967k | £1m |
| Current assets | £6.8m | £7.4m | £8.1m |
| Debtors | £323k | £443k | £292k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 10.4%
- Profit ÷ revenue.
- Gross margin
- 27.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £364k
- Revenue ÷ average employees.
- Profit per employee
- £37.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲18%
- Now £6.1m
- Cash at bank
- ▲24%
- Now £2.9m
- Headcount
- ▼14%
- Now 43
- Deferred income
- —
- Now —
- Fixed assets
- ▲5%
- Now £1m
Group structure
Ownership chain
- Certini (Holdings) No 2 Limitedultimate parent75–100%
- Certini (Holdings) Limited75–100%
- Certini Bicycle Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Parcel Express LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 30 Apr 2024 (profit £1.6m), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.