Absolut Bikes UK Limited
Registered name: ABSOLUT BIKES UK LIMITED
Part of Cyclefusion Gmbh groupAbsolut Bikes UK Limited made £22.1m revenue and £3.4m profit in the year to 31 Dec 2025. read from filing text
Absolut Bikes UK Limited’s revenue fell 10% to £22.1m in the year to 31 Dec 2025, with £3.4m profit and 0 employees. The company is classified under “activities of other holding companies” and is based in Chorley; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chorley, North West
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £29.4m | £25.4m | £24.5m | £22.1m |
| Cost of sales | £22.6m | £21m | £18.7m | £15.8m |
| Gross profit | — | £4.4m | £5.8m | £6.3m |
| Operating profit | — | £1.1m | £2.7m | £3.9m |
| Profit before tax | — | — | £3.1m | £4.6m |
| Profit after tax | £3.8m | £956k | £2.3m | £3.4m |
| Profit (best available) | £3.8m | £956k | £2.3m | £3.4m |
| Staff costs | £0 | £0 | £0 | £0 |
| Employees (average) | 2 | 2 | 2 | 0 |
| Ratios | ||||
| Profit margin | 13% | 3.8% | 9.5% | 15.6% |
| Gross margin | — | 17.4% | 23.6% | 28.5% |
| Revenue per employee | £14.7m | £12.7m | £12.3m | — |
| Profit per employee | £1.9m | £478k | £1.2m | — |
| Cash conversion | — | −296.8% | −160.6% | −108.5% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼3.7% | ▼9.9% |
| Profit growth | — | — | ▲143.9% | ▲47.4% |
| Headcount growth | — | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £610k | £832k | £959k | £407k |
| Net assets | — | £13.7m | £16m | £7.1m |
| Fixed assets | £501 | £501 | £501 | £501 |
| Current assets | — | — | £18m | £9.1m |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £0 | £0 | £0 | £0 |
| Cash from operations | −£2.9m | −£3.3m | −£4.3m | −£4.2m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 15.6%
- Profit ÷ revenue.
- Gross margin
- 28.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- −108.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼56%
- Now £7.1m
- Cash at bank
- ▼58%
- Now £407k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now £0
- Fixed assets
- 0%
- Now £501
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Cyclefusion Gmbh (registered outside the UK register)ultimate parent75–100%
- Absolut Bikes UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Merlin Cycles LimitedRev. £22.1m · Profit £3.4m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.4m), from the Companies House accounts bulk data published Sep 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.