# PACE CYCLES LIMITED (02388618)

> PACE CYCLES LIMITED is an active private limited company (company number 02388618) incorporated on 24 May 1989, registered in Bridlington. Its registered activity is manufacture of bicycles and invalid carriages (SIC 30920). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £17k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 35% on the prior period (£27k).

- Status: Active
- Incorporated: 1989-05-24
- Registered office: Bridlington, YO15 2AD
- SIC 30920: Manufacture of bicycles and invalid carriages
- SIC 55100: Hotels and similar accommodation
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-06-07
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 55 comparable companies in Other (median £100, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £17k | — | — | £94k | — | — | 2 |
| 2024-08-31 | £27k | — | — | £120k | — | — | 3 |

current ratio 1.52; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £17,374 at 31 August 2025
- Net assets down 25% or more on the prior period: -35.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.52
- Incorporated five or more years ago: Incorporated 24 May 1989

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Adrian John Carter — owns 50–75% of shares; holds 50–75% of voting rights, since 2017-03-30
- Mrs Catherine Elizabeth Carter — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-03-30

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02388618
HTML: https://firmoscan.com/company/02388618-pace-cycles-limited