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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
37
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LProfit onlyFull P&Lread from filing textFull 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)8172437
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
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Jan 2025FullAccounts · 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)

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

Same industry, similar size

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Industry benchmarks →

Sources

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.