How much does Bicycle London Limited make?

Bicycle London Limited reported revenue of £35.8m and £1.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Bicycle London Limited have?

Bicycle London Limited reported an average of 37 employees in the year to 31 Mar 2025.

Is Bicycle London Limited profitable?

Yes — Bicycle London Limited reported a profit of £1.2m in the year to 31 Mar 2025.

Company No. 13240232 · Incorporated 2 Mar 2021

Bicycle London Limited

Registered name: BICYCLE LONDON LIMITED

Bicycle London Limited made £35.8m revenue and £1.2m profit in the year to 31 Mar 2025. read from filing text

Bicycle London Limited’s revenue grew 63% to £35.8m in the year to 31 Mar 2025, with £1.2m profit and 37 employees. The company is classified under “advertising agencies” and is based in Tonbridge; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73110Advertising agencies

Status: Active
Location: Tonbridge, South East
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightYoung and profitableOperating leverageCash flow filed

Revenue

£35.8m

Growth ▲63%

Profit

£1.2m

Growth ▲101.6%

Profit margin

3.2%

Gross 15.8%

Employees

Change ▲54.2%

Profit / employee

£31.3k

Revenue/employee £967k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£22m	£35.8m
Cost of sales	—	£20.6m	£17.9m	£30.1m
Gross profit	—	—	£4.1m	£5.6m
Operating profit	—	—	£860k	£1.4m
Profit before tax	—	—	£960k	£1.5m
Profit after tax	—	£848k	£574k	£1.2m
Profit (best available)	—	£848k	£574k	£1.2m
Staff costs	—	£1.3m	£1.9m	£2.8m
Employees (average)	8	17	24	37
Ratios
Profit margin	—	—	2.6%	3.2%
Gross margin	—	—	18.5%	15.8%
Revenue per employee	—	—	£915k	£967k
Profit per employee	—	£49.9k	£23.9k	£31.3k
Cash conversion	—	—	14.4%	−241.7%
Growth (year on year)
Revenue growth	—	—	—	▲63%
Profit growth	—	—	▼32.3%	▲101.6%
Headcount growth	—	▲112.5%	▲41.2%	▲54.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.5m	£6.5m	£5.9m	£8.6m
Net assets	£291k	£655k	£884k	£1.7m
Fixed assets	£23.2k	£42.8k	£48.2k	£64.8k
Current assets	£4.6m	£8.5m	£8.7m	£11.6m
Debtors	£944k	£221k	£1.2m	£1.1m
Deferred income	£3.7m	£763k	£983k	£1.2m
Cash from operations	—	—	£124k	−£3.4m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 3.2%; Profit ÷ revenue.
Gross margin: 15.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £967k; Revenue ÷ average employees.
Profit per employee: £31.3k; Profit ÷ average employees.
Cash conversion: −241.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3%; 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: ▲97%; Now £1.7m
Cash at bank: ▲46%; Now £8.6m
Headcount: ▲54%; Now 37
Deferred income: ▲26%; Now £1.2m
Fixed assets: ▲34%; Now £64.8k

Corporate ownership

Group structure

Subsidiaries (3)

Bicycle International LimitedFigures not disclosed
Bicycle Manchester LimitedFigures not disclosed
Bicycle Studio LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.