MT3 Cycles Ltd

Reference number: 971517

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No longer authorised

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 7 July 2026.

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.

  • Last known website

    mt3cycles.co.uk

  • Last known phone number

    07796 586273

  • Last known address

    The Track, New Portreath Road, Redruth, Cornwall, TR16 4HN, United Kingdom

In the full report: 3 background checks

  • When mt3cycles.co.uk first appeared online, and whether it can receive email
  • What kind of line 07796 586273 is
  • Who else gives the postcode TR16 4HN
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Other names (1)

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

  • MT3 Cycles Former name: A name it was registered under before.

Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

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
16 October 2019 (7 years old)
Registered office
Unit 8 Pool Industrial Estate, Pool, Redruth, TR15 3RH, England
Nature of business
  • Agents specialised in the sale of other particular products (SIC 46180)
  • Retail sale of sports goods, fishing gear, camping goods, boats and bicycles (SIC 47640)

Directors and company secretaries

Name Role Born Appointed Other companies
Peran Clemence Director May 1993 16 Oct 2019 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 October 2025Micro-entity accountsNot audited

Net assets

£21.0k

+592% from £3,039

Employees (average)

3

Same as 3

Owed within a year

£226k

+22% from £185k

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 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.

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

Accounts filed at Companies House for company 12264739. 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

MT3 Cycles’s history from the FCA register and Companies House, newest first.

2026

7 July 2026

  • No longer regulated by the FCA
  • Stopped being authorised by the FCA

FCA register

2022

11 April 2022

  • Changed its registered name from "MT3 Cycles"

FCA register

8 April 2022

  • Regulated by the FCA from this date
  • Changed its registered name from "MT3 Cycles Ltd"
  • Began trading as "MT3 Cycles"

FCA register

2019

16 October 2019

  • Incorporated at Companies House
  • Peran Clemence took control (75–100% of shares)
  • Peran Clemence appointed as a director

Companies House

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

Firms like MT3 Cycles

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

In Redruth

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 MT3 Cycles

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
  • 6 years of accounts, charted
  • All 9 events in its history

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Frequently asked questions about this firm

Is MT3 Cycles Ltd FCA authorised?
No. MT3 Cycles Ltd (FRN 971517) is still listed on the FCA register, but the record is closed: no longer authorised.
Is MT3 Cycles a scam or clone?
MT3 Cycles is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with MT3 Cycles?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with MT3 Cycles has no cover, because it is no longer permitted to carry it out.
Who owns MT3 Cycles?
Companies House lists one person with significant control of MT3 Cycles: Mr Peran Clemence (75–100% of shares).
Who runs MT3 Cycles?
Companies House lists one director of MT3 Cycles: Peran Clemence.
How long has MT3 Cycles been in business?
The company was formed on 16 October 2019.
What do MT3 Cycles’ latest accounts show?
Its latest accounts, to 31 October 2025, show net assets of £21.0k (+592% from £3,039).
Does MT3 Cycles use any other names?
It has previously used the name MT3 Cycles.

Sources and links

The full report on MT3 Cycles Ltd

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