Condor Cycles Limited

Reference number: 840856

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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 condorcycles.com first appeared online, and whether it can receive email
  • What kind of line 020 7269 6820 is
  • Who else gives the postcode WC1X 8PP
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FCA permissions and consumer protection

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (1 permission)
  • Credit Broking

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 number
05351196
Company status
Active
Company type
Private limited company
Incorporated
3 February 2005 (21 years old)
Registered office
3rd Floor 86 - 90 Paul Street, London, EC2A 4NE, England
Nature of business
  • Other retail sale of new goods in specialised stores (not commercial art galleries and opticians) (SIC 47789)

Directors and company secretaries

Name Role Born Appointed Other companies
Grant Young Director Nov 1958 3 Feb 2005 2 other companies
Tracy Young Director Oct 1959 3 Mar 2005 1 other company
Cornelius Christopher Manning Director Apr 1970 1 Jul 2007 None
Sebastian Joseph Young Director Jan 1985 28 Nov 2011 None
Jasbir Singh Jutla Director Aug 1973 28 Nov 2011 None
Tracy Young Secretary Not published 3 Feb 2005 1 other company

Other companies run by these 5 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
2
closed down
1
run together
1

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of these 5 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 1 company these 5 directors run together
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Filed accounts and finances

Year to 31 March 2023Small company accountsAudited

Net assets

£4.94m

+17% from £4.23m

Cash at bank

£939k

−27% from £1.28m

Employees (average)

24

−4% from 25

Owed within a year

£908k

−18% from £1.11m

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2020 to 2023
  • The chart, over every year
  • Every filed figure, year by year
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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 05351196. 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

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

Key events (6) All events (13)

2020

13 February 2020

  • Grant Young gave up control
  • Sebastian Joseph Young became the majority owner (50–75% of shares)

Companies House

2019

10 May 2019

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2016

6 April 2016

  • Grant Young took control (75–100% of shares)

Companies House

2005

3 February 2005

  • Incorporated at Companies House

Companies House

In the full report: all 13 events

  • All 13 events in its history (6 shown here)
  • Every director appointment and resignation: 5
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Firms like Condor Cycles

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

In London

Ikea LimitedLondonAuthorisedArgos LimitedLondonAuthorisedMarks and Spencer P.L.C.LondonAuthorisedCurrys Group LimitedLondonAuthorisedNew Look Retailers LimitedLondonAuthorisedTicketmaster UK LimitedLondonAuthorised

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 Condor Cycles

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 13 events in its history

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Frequently asked questions about this firm

Is Condor Cycles Limited FCA authorised?
Yes, Condor Cycles Limited (FRN 840856) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since May 2019 and works as a retailer. The FCA has placed no limits on its permissions.
What is Condor Cycles’ phone number and website?
The FCA register lists the phone number 020 7269 6820 and the website condorcycles.com for Condor Cycles. If you were given different contact details, use these to check with the firm before going any further.
Is Condor Cycles a scam or clone?
Condor Cycles 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 Condor Cycles?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Condor Cycles handles your money, so check the specific product before you commit. You can also refer complaints about Condor Cycles to the Financial Ombudsman Service, free of charge.
Who owns Condor Cycles?
Companies House lists one person with significant control of Condor Cycles: Mr Sebastian Joseph Young (50–75% of shares). Before that, it was controlled by Mr Grant Young.
Who runs Condor Cycles?
Companies House lists 5 directors of Condor Cycles: Grant Young, Tracy Young, Cornelius Christopher Manning, Sebastian Joseph Young and Jasbir Singh Jutla.
How long has Condor Cycles been in business?
The company was formed on 3 February 2005, and has held its current FCA authorisation since May 2019.
What do Condor Cycles’ latest accounts show?
Its latest accounts, to 31 March 2023, show net assets of £4.94m (+17% from £4.23m) and cash at bank of £939k (−27% from £1.28m).

Sources and links

The full report on Condor Cycles Limited

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