DRH Cycle Technology Limited

Reference number: 964619

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Authorisation being cancelled, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

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.

  • No website on the FCA register

  • No phone number on the FCA register

  • Address

    c/o J N Bleazard of XL Business Solutions Limited, Premier House, Bradford Road, Cleckheaton, BD19 3TT, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode BD19 3TT
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Other names (2)

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

  • Cycle Technology Trading name
  • DRH Cycle Technology Ltd Former name

Past FCA permissions and consumer protection

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
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.

Concerns on the company record

  • Companies House records this company in liquidation.
  • This company has insolvency history on record.
Company number
13515704
Company status
Liquidation
Company type
Private limited company
Incorporated
16 July 2021 (5 years old)
Registered office
Xl Business Solutions Limited Premier House, Bradfrod Road, Cleckheaton, West Yorkshire, BD19 3TT
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
Daniel James Matthew Haigh Director Mar 1974 26 Jul 2021 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • Both people who have been directors, with their dates
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Filed accounts and finances

Year to 31 May 2025Full accountsNot audited

Total equity

−£4,363

No earlier figure to compare

Cash at bank

£9,827

−66% from £29.3k

Owed within a year

£232k

−9.5% from £256k

Total equity is negative: on its last balance sheet the company owed £4,363 more than it owned.

Assets and liabilities

In the full report: all 4 years of accounts

  • Every year from 2022 to 2025
  • 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.

Accounts filed at Companies House for company 13515704. 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

DRH Cycle Technology’s history from the FCA register and Companies House, newest first.

Key events (6) All events (12)

2022

7 March 2022

  • Regulated by the FCA from this date
  • Changed its registered name from "DRH Cycle Technology Limited"
  • Applied to cancel its FCA authorisation

FCA register

6 March 2022

  • Changed its registered name from "DRH Cycle Technology Ltd"

FCA register

2021

26 July 2021

  • Daniel James Matthew Haigh took control (75–100% of shares)

Companies House

16 July 2021

  • Incorporated at Companies House

Companies House

In the full report: all 12 events

  • All 12 events in its history (6 shown here)
  • Every director appointment and resignation: 3
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Firms like DRH Cycle Technology

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

In the Bradford (BD) postcode area

Sonic Megastore LimitedBradfordAuthorisedAll Terrain Cycles LimitedShipleyAuthorisedBurhani Trading Co. LtdBradfordAuthorisedFlexiform Business Furniture LimitedBradfordAuthorisedLWC (Luxury Watches) LtdSkiptonAuthorisedMag Equipment LimitedBradfordAuthorised

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 DRH Cycle Technology

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
  • 1 background check on its contact details
  • 4 years of accounts, charted
  • All 12 events in its history

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Frequently asked questions about this firm

Is DRH Cycle Technology Limited FCA authorised?
DRH Cycle Technology Limited (FRN 964619) is on the FCA register, but its authorisation is changing (authorisation being cancelled). Check the register before dealing with it.
Is DRH Cycle Technology a scam or clone?
DRH Cycle Technology 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 DRH Cycle Technology?
DRH Cycle Technology is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Who owns DRH Cycle Technology?
Companies House lists one person with significant control of DRH Cycle Technology: Mr Daniel James Matthew Haigh (75–100% of shares).
Who runs DRH Cycle Technology?
Companies House lists one director of DRH Cycle Technology: Daniel James Matthew Haigh.
How long has DRH Cycle Technology been in business?
The company was formed on 16 July 2021. Companies House now lists it as liquidation.
What do DRH Cycle Technology’s latest accounts show?
Its latest accounts, to 31 May 2025, show total equity of −£4,363 (no earlier figure to compare) and cash at bank of £9,827 (−66% from £29.3k).
Does DRH Cycle Technology use any other names?
It trades as Cycle Technology. It has previously used the name DRH Cycle Technology Ltd.

Sources and links

The full report on DRH Cycle Technology Limited

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