What is the main business of Cycle?

The main business activity of Cycle focuses on manufacture of communication equipment.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on August 22, 2016.

Where is the headquarters located?

The headquarters is located at: Lublin.

Who is on the management board?

The management board consists of: Marta Ziółkowska (Member of the Management Board) and Tomasz Piotr Ziółkowski (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 20,000 (approx. $5,402).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2022 to December 31, 2022.

How much revenue was generated?

In 2022, the company generated total revenue of $12,664, representing an increase of 0.0% compared to 2021.

No, the company recorded a net loss of $4,865 in 2022. For comparison, in 2021 the loss was $6,881, meaning the company reduced its loss by 18.4%.

What is the main operating cost?

The largest operating cost category falls under depreciation and amortization. This category amounted to $17,529 in 2022, representing 100% of all operating expenses.

Cyclesp. z o.o.

Manufacture of communication equipment

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2016-08-22

Share capital

20,000.00 PLN

Registered address

Lublin, Poland

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2023 – the filing deadline has passed. 4 of 5 financial statements were filed late (the longest delay 1203 days for 2019).

2023not filed
202231/01/2024
202131/01/2024
202031/01/2024
201931/01/2024
201803/07/2019

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, city, voivodeship and across Poland in 2022.

Industry · Manufacture of communication equipment109 / 123

Top 89%

Division · Manufacture of computer, electronic and optical products1,136 / 1,396

Top 81%

Sector · Manufacturing29,690 / 33,744

Top 88%

Voivodeship · Lubelskie12,846 / 15,985

Top 80%

Country · Poland397,035 / 495,860

Top 80%

Results vs industry

Revenue

This companyUSD 12.66kMedianUSD 737.54kAverageUSD 14.25m

Net profit

This companyUSD -4.87kMedianUSD 23.82kAverageUSD 1.02m

Operating costs

This companyUSD 17.53kMedianUSD 656.38kAverageUSD 12.73m

Assets

This companyUSD 31.46kMedianUSD 762.15kAverageUSD 9.29m

Industry

Manufacture of communication equipment (26.30.Z)Primary

Authorized Representatives

Marta Ziółkowska – Management Board Member

Tomasz Piotr Ziółkowski – President of the Management Board

Manner of representation

Each member of the management board is authorised to make declarations of will on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Tomasz Piotr Ziółkowskiage 39	198	$5,348.46	99%
Others	2	$54.02	1%

Beneficial owners

Person	Rights

Bank accounts

Was a VAT taxpayer from 2016-09-16 to 2021-09-06.

Reason for removal: Art. 96 ust. 9a pkt 3 (VAT returns showing no transactions filed for 6 consecutive months or 2 quarters)

Debt

No entries in the National Debtors Register (KRZ).

MSiG notices

Publication date	Event
Feb 22, 2022	Dissolution without liquidation opened

Public aid

Grant date	Purpose	Gross amount	Granting body
Jul 23, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,282$1,282	Prezydent Miasta Lublin
Sep 25, 2017	Aid for SMEs for innovation support	$208.5K$208,458	Prezes Polskiej Agencji Rozwoju Przedsiębiorczości
Jan 26, 2017	Aid for SME access to finance — aid for start-ups	$13,236$13,236	Fundacja Przedsiębiorczości Technologicznej

European Funds

Start	Project	EU co-financing	Programme
2017-10-01	CYCLE - wearable device for monitoring ovulation.	$196.7K$196,670	Operational Programme Eastern Poland

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Competitors

Name	Revenue	Website
BitstreamS.A.	$3,245,614.66	bitstream.pl
MBAS.A.	$122,181.01	mbasa.eu
Next Levelsp. z o.o.	$108,618.78	nextlevel.pl
SEZOsp. z o.o.	$97,179.95	sezo.pl
PPHU Jacksp. z o.o.	$90,933.09	antenna.com.pl
Corral Plsp. z o.o.	$80,457.48	corral.pl
Mikroprojektsp. z o.o.	$71,867.04	mikroprojekt.com
2rhpsp. z o.o.	$54,449.82	2rhp.pl
Atte Emssp. z o.o.	$12,356.12	atte.pl
VES.A.	$6,973.86	ve.pl