How much does Certini Bicycle Company Limited make?

Certini Bicycle Company Limited reported revenue of £15.6m and £1.6m profit in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does Certini Bicycle Company Limited have?

Certini Bicycle Company Limited reported an average of 43 employees in the year to 30 Apr 2024.

Is Certini Bicycle Company Limited profitable?

Yes — Certini Bicycle Company Limited reported a profit of £1.6m in the year to 30 Apr 2024.

Company No. 05725054 · Incorporated 28 Feb 2006

Certini Bicycle Company Limited

Registered name: CERTINI BICYCLE COMPANY LIMITED

Part of Certini (Holdings) No 2 Limited group

Certini Bicycle Company Limited made £15.6m revenue and £1.6m profit in the year to 30 Apr 2024.

Certini Bicycle Company Limited’s revenue grew 21% to £15.6m in the year to 30 Apr 2024, with £1.6m profit and 43 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Saltash; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores

Status: Active
Location: Saltash, South West
Age: 20 yrs · since 2006
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Certini (Holdings) Limited”

Latest accounts · year to 30 Apr 2024

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£15.6m

Growth ▲20.8%

Profit

£1.6m

Growth ▲112.4%

Profit margin

10.4%

Gross 27.7%

Employees

Change ▼14%

Profit / employee

£37.8k

Revenue/employee £364k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.6m	£13m	£15.6m
Cost of sales	£10.4m	£10.2m	£11.3m
Gross profit	£5.2m	£2.8m	£4.3m
Operating profit	£3.1m	£963k	£2.2m
Profit before tax	£3.1m	£949k	£2.2m
Profit after tax	£2.5m	£765k	£1.6m
Profit (best available)	£2.5m	£765k	£1.6m
Staff costs	£1.4m	£1.3m	£1.5m
Employees (average)	49	50	43
Ratios
Profit margin	15.9%	5.9%	10.4%
Gross margin	33.3%	21.4%	27.7%
Revenue per employee	£318k	£259k	£364k
Profit per employee	£50.5k	£15.3k	£37.8k
Growth (year on year)
Revenue growth	—	▼16.9%	▲20.8%
Profit growth	—	▼69.1%	▲112.4%
Headcount growth	—	▲2%	▼14%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£2.3m	£2.9m
Net assets	£5.2m	£5.2m	£6.1m
Fixed assets	£1m	£967k	£1m
Current assets	£6.8m	£7.4m	£8.1m
Debtors	£323k	£443k	£292k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 10.4%; Profit ÷ revenue.
Gross margin: 27.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £364k; Revenue ÷ average employees.
Profit per employee: £37.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲18%; Now £6.1m
Cash at bank: ▲24%; Now £2.9m
Headcount: ▼14%; Now 43
Deferred income: —; Now —
Fixed assets: ▲5%; Now £1m

Corporate ownership

Group structure

Ownership chain

Certini (Holdings) No 2 Limitedultimate parent75–100%
Certini (Holdings) Limited75–100%
Certini Bicycle Company Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Parcel Express LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Apr 2024 (profit £1.6m), from the Companies House accounts bulk data published Jan 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.