Peak Ascent Cycles Limited

Reference number: 919747

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Authorised, 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

    Gordon A.M. Simmonds, Simmonds & Company, Crown House, 217 Higher Hillgate, Stockport, Cheshire, SK1 3RB, United Kingdom

In the full report: 1 background check

  • Who else gives the postcode SK1 3RB
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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, but it is still authorised on the FCA register.
  • This company has insolvency history on record.
Company status
Liquidation
Company type
Private limited company
Incorporated
14 March 2018 (8 years old)
Registered office
Crown House, 217 Higher Hillgate, Stockport, SK1 3RB, United Kingdom
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
Patrick Healy Director Mar 1967 14 Mar 2018 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 2026Abridged accountsNot audited

Net assets

−£22.1k

−188% from £25.1k

Cash at bank

£5,901

−59% from £14.5k

Employees (average)

3

Same as 3

Owed within a year

£70.8k

+58% from £44.7k

Net assets are negative: on its last balance sheet the company owed £22.1k more than it owned.

Assets and liabilities

In the full report: all 7 years of accounts

  • Every year from 2020 to 2026
  • 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 11255798. 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

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

2020

27 January 2020

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

FCA register

2018

14 March 2018

  • Incorporated at Companies House
  • Patrick Healy took control (75–100% of shares)

Companies House

In the full report: all 8 events

  • All 8 events in its history (4 shown here)
  • Every director appointment and resignation: 1
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Firms like Peak Ascent Cycles

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

In Stockport

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 Peak Ascent 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
  • 1 background check on its contact details
  • 7 years of accounts, charted
  • All 8 events in its history

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Frequently asked questions about this firm

Is Peak Ascent Cycles Limited FCA authorised?
Yes, Peak Ascent Cycles Limited (FRN 919747) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm. It has held its current authorisation since January 2020 and works as a retailer. The FCA has placed no limits on its permissions.
Is Peak Ascent Cycles a scam or clone?
Peak Ascent 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 Peak Ascent Cycles?
Peak Ascent Cycles 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 Peak Ascent Cycles?
Companies House lists one person with significant control of Peak Ascent Cycles: Mr Patrick Healy (75–100% of shares).
Who runs Peak Ascent Cycles?
Companies House lists one director of Peak Ascent Cycles: Patrick Healy.
How long has Peak Ascent Cycles been in business?
The company was formed on 14 March 2018. Companies House now lists it as liquidation.
What do Peak Ascent Cycles’ latest accounts show?
Its latest accounts, to 31 March 2026, show net assets of −£22.1k (−188% from £25.1k) and cash at bank of £5,901 (−59% from £14.5k).

Sources and links

The full report on Peak Ascent Cycles Limited

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