College Cycles L23 Ltd

Reference number: 1047832

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Introducer appointed representative

This firm can only introduce you to its principal, and cannot give financial advice, recommend products, or arrange deals alone.

What does this mean?
  • An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own.
  • College Cycles L23 Ltd (FRN 1047832) introduces customers to IDEAL SALES SOLUTIONS LTD (FRN 703401). Any regulated advice or arranging is done by the principal, not College Cycles L23.
  • Example: if College Cycles L23 refers you to a financial adviser, the advice should come from the principal firm, not from College Cycles L23 itself.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When collegecycles.co.uk first appeared online, and whether it can receive email
  • What kind of line 0151 924 0689 is
  • Who else gives the postcode L23 3AT
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Other names (1)

If you were contacted under any of these names, it is this firm.

  • College Cycles Trading name: A name it trades under now.

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Ideal Sales Solutions Ltd, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
10 March 2022 (4 years old)
Registered office
177-181 College Road, Crosby, Liverpool, L23 3AT, England
Nature of business
  • Retail sale of sports goods, fishing gear, camping goods, boats and bicycles (SIC 47640)

Directors and company secretaries

Name Role Born Appointed Other companies
Michael Peter Mallett Director Apr 1989 10 Mar 2022 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

−£80.3k

Down £71.3k from −£8,999

Cash at bank

£5,858

−15% from £6,915

Employees (average)

4

+33% from 3

Owed within a year

£132k

No earlier figure to compare

Net assets are negative: on its last balance sheet the company owed £80.3k more than it owned.

Assets and liabilities

About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 13968426. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

College Cycles L23’s history from the FCA register and Companies House, newest first.

2025

9 December 2025

  • Became an introducer appointed representative
  • Began trading as "College Cycles"

FCA register

2022

10 March 2022

  • Incorporated at Companies House
  • Michael Peter Mallett took control (75–100% of shares)
  • Michael Peter Mallett appointed as a director

Companies House

Director appointments and resignations, and trading names, appear under All events.

Firms like College Cycles L23

Other firms of the same type (retailer), nearest first.

In Liverpool

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on College Cycles L23

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • Every company its directors have run, named
  • 3 background checks on its contact details
  • All 5 events in its history

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Frequently asked questions about this firm

Is College Cycles L23 Ltd FCA authorised?
College Cycles L23 Ltd (FRN 1047832) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does introducer appointed representative mean for College Cycles L23?
An introducer appointed representative can only pass your details to its principal firm. It cannot recommend products, give financial advice, or arrange deals on its own. College Cycles L23 Ltd (FRN 1047832) introduces customers to IDEAL SALES SOLUTIONS LTD (FRN 703401). Any regulated advice or arranging is done by the principal, not College Cycles L23. Example: if College Cycles L23 refers you to a financial adviser, the advice should come from the principal firm, not from College Cycles L23 itself. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is College Cycles L23’s phone number and website?
The FCA register lists the phone number 0151 924 0689 and the website collegecycles.co.uk for College Cycles L23. If you were given different contact details, use these to check with the firm before going any further.
Is College Cycles L23 a scam or clone?
College Cycles L23 is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with College Cycles L23?
Protection works through Ideal Sales Solutions Ltd, the principal firm responsible for College Cycles L23's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns College Cycles L23?
Companies House lists one person with significant control of College Cycles L23: Mr Michael Peter Mallett (75–100% of shares).
Who runs College Cycles L23?
Companies House lists one director of College Cycles L23: Michael Peter Mallett.
How long has College Cycles L23 been in business?
The company was formed on 10 March 2022.
What do College Cycles L23’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of −£80.3k (down £71.3k from −£8,999) and cash at bank of £5,858 (−15% from £6,915).
Does College Cycles L23 use any other names?
It trades as College Cycles.

Sources and links

The full report on College Cycles L23 Ltd

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