Let's Go Biking! Limited
Registered name: LET'S GO BIKING! LIMITED
Let's Go Biking! Limited made £390k revenue and £88.5k profit in the year to 31 Mar 2025.
Let's Go Biking! Limited’s revenue fell 7% to £390k in the year to 31 Mar 2025, with £88.5k profit and 2 employees. The company is classified under “tour operator activities” and is based in North Tawton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- North Tawton, South West
- Age
- 23 yrs · since 2002
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £334k | £418k | £390k |
| Profit after tax | — | £71.2k | £95.2k | £88.5k |
| Profit (best available) | — | £71.2k | £95.2k | £88.5k |
| Staff costs | — | £0 | £0 | £0 |
| Employees (average) | — | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | — | 21.3% | 22.8% | 22.7% |
| Revenue per employee | — | £167k | £209k | £195k |
| Profit per employee | — | £35.6k | £47.6k | £44.2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲25.2% | ▼6.7% |
| Profit growth | — | — | ▲33.7% | ▼7% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £342k | £413k | £498k | £576k |
| Fixed assets | £226k | £224k | £223k | £221k |
| Current assets | £233k | £231k | £322k | £407k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 22.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £195k
- Revenue ÷ average employees.
- Profit per employee
- £44.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 56.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲16%
- Now £576k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £221k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £88.5k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.