Cycle Solutions (Cycle to Work) Limited

Reference number: 722968

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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 cyclesolutions.co.uk first appeared online, and whether it can receive email
  • What kind of line 0330 100 2480 is
  • Who else gives the postcode SA5 4AJ
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Other names (4)

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

  • Cycle Solutions Trading name
  • UpRise Trading name
  • UpRise Bikes Trading name
  • Wheelies Direct Cycle Solutions Limited Former name

FCA permissions and consumer protection

  • Lend or arrange credit · Hire out goods to consumers 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 (3 permissions)
  • Credit Broking
  • Entering into Regulated Consumer Hire Agreements as owner
  • Exercising or having the right to exercise the owner's rights and duties under a regulated consumer hire agreement

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
05860892
Company status
Active
Company type
Private limited company
Incorporated
28 June 2006 (20 years old)
Registered office
Unit 6 Europa Way, Fforestfach, Swansea, SA5 4AJ, Wales
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
Steven John Edgell Director Oct 1973 28 Jun 2006 None
Keith Robert Jones Director Apr 1967 28 Jun 2006 16 other companies
Michael Philip Jones Director Sep 1963 28 Jun 2006 14 other companies
Michael Philip Jones Secretary Not published 28 Jun 2006 14 other companies

Other companies run by these 3 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
16
closed down
4
are FCA-registered
4

In the full report: all 16 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 4 on the FCA register
  • The 14 companies these 3 directors run together
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 August 2024Full accountsAudited

Turnover

£28.8m

+1.5% from £28.4m

Profit before tax

£852k

−31% from £1.24m

Net assets

£3.32m

+12% from £2.95m

Cash at bank

£191k

Up £190k from £800

Turnover and profit

In the full report: all 4 years of accounts

  • Every year from 2020 to 2024
  • Both charts, 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.

Accounts filed at Companies House for company 05860892. 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

Cycle Solutions (Cycle to Work)’s history from the FCA register and Companies House, newest first.

Key events (6) All events (16)

2022

1 August 2022

  • Michael Jones became a part-owner (25–50% of shares)

Companies House

2017

26 April 2017

  • Changed its registered name from "Wheelies Direct Cycle Solutions Limited"

FCA register

2016

7 April 2016

  • Keith Robert Jones became a part-owner (25–50% of shares)

Companies House

1 April 2016

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

FCA register

2006

28 June 2006

  • Incorporated at Companies House

Companies House

In the full report: all 16 events

  • All 16 events in its history (6 shown here)
  • Every director appointment and resignation: 5
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Firms connected to Cycle Solutions (Cycle to Work)

Other FCA-listed firms that share a director, phone number or address with Cycle Solutions (Cycle to Work). A link shows who the firm is tied to, not whether either can be trusted.

connected firms
4
share a director
3
share its postcode
2

In the full report: all 4 connected firms, named

  • How each is linked: shared directors (3), the same postcode (2)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
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Firms like Cycle Solutions (Cycle to Work)

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

In Swansea

Performance Cycling LimitedSwanseaAuthorisedHome Design (Swansea) LimitedSwanseaAuthorisedleather sofa company limitedSwanseaAuthorisedStephen Hughes LimitedSwanseaAuthorisedViv Date Carpets (Pontardawe) LimitedSwanseaAuthorisedDay's Mobility LimitedSwanseaAppointed representative

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 Cycle Solutions (Cycle to Work)

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

  • 16 other companies its directors have run, named
  • 3 background checks on its contact details
  • 4 years of accounts, charted
  • All 16 events in its history
  • 4 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Cycle Solutions (Cycle to Work) Limited FCA authorised?
Yes, Cycle Solutions (Cycle to Work) Limited (FRN 722968) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2016 and works as a retailer. The FCA has placed no limits on its permissions.
What is Cycle Solutions (Cycle to Work)’s phone number and website?
The FCA register lists the phone number 0330 100 2480 and the website cyclesolutions.co.uk for Cycle Solutions (Cycle to Work). If you were given different contact details, use these to check with the firm before going any further.
Is Cycle Solutions (Cycle to Work) a scam or clone?
Cycle Solutions (Cycle to Work) 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 Cycle Solutions (Cycle to Work)?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Cycle Solutions (Cycle to Work) handles your money, so check the specific product before you commit. You can also refer complaints about Cycle Solutions (Cycle to Work) to the Financial Ombudsman Service, free of charge.
Who owns Cycle Solutions (Cycle to Work)?
Companies House lists 2 people with significant control of Cycle Solutions (Cycle to Work): Mr Michael Jones (25–50% of shares) and Keith Robert Jones (25–50% of shares).
Who runs Cycle Solutions (Cycle to Work)?
Companies House lists 3 directors of Cycle Solutions (Cycle to Work): Steven John Edgell, Keith Robert Jones and Michael Philip Jones.
How long has Cycle Solutions (Cycle to Work) been in business?
The company was formed on 28 June 2006, and has held its current FCA authorisation since April 2016.
What do Cycle Solutions (Cycle to Work)’s latest accounts show?
Its latest accounts, to 31 August 2024, show turnover of £28.8m (+1.5% from £28.4m) and profit before tax of £852k (−31% from £1.24m).
Does Cycle Solutions (Cycle to Work) use any other names?
It trades as Cycle Solutions, UpRise and UpRise Bikes. It has previously used the name Wheelies Direct Cycle Solutions Limited.

Sources and links

The full report on Cycle Solutions (Cycle to Work) Limited

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