Its Cycling Limited
Registered name: ITS CYCLING LIMITED
Its Cycling Limited made £17.3m revenue and £169k profit in the year to 30 Sep 2025.
Its Cycling Limited’s revenue fell 7% to £17.3m in the year to 30 Sep 2025, with £169k profit and 63 employees. The company is classified under “manufacture of bicycles and invalid carriages” and is based in Horsham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Horsham, South East
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £18.4m | £18.6m | £17.3m |
| Cost of sales | −£12.8m | −£12.5m | −£10.5m |
| Gross profit | £5.6m | £6.1m | £6.7m |
| Operating profit | −£505k | −£280k | £440k |
| Profit before tax | −£756k | −£534k | £182k |
| Profit after tax | −£563k | −£515k | £169k |
| Profit (best available) | −£563k | −£515k | £169k |
| Employees (average) | 66 | 73 | 63 |
| Ratios | |||
| Profit margin | −3.1% | −2.8% | 1% |
| Gross margin | 30.6% | 32.7% | 39% |
| Revenue per employee | £279k | £255k | £274k |
| Profit per employee | −£8.5k | −£7.1k | £2.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲1% | ▼7% |
| Headcount growth | — | ▲10.6% | ▼13.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 | Accounts · bulk data May 2026 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- 39%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £274k
- Revenue ÷ average employees.
- Profit per employee
- £2.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼14%
- Now 63
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
Sources
Latest figures from accounts for the year to 30 Sep 2025 (profit £169k), from the Companies House accounts bulk data published May 2026. 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.