RM Cycles Status Disclosure

RM Cycles Ltd — Credit Broker Status DisclosureFRN 1048225

RM Cycles Ltd is authorised and regulated by the Financial Conduct Authority (FCA) as a credit broker with limited permissions. We act as a credit broker only and not as a lender.

What this means for you:

• RM Cycles Ltd introduces customers to V12 Retail Finance Ltd, an FCA-authorised credit broker, where a customer requests finance
• We do not provide credit ourselves
• We do not advise you on which finance product is best for you — you should decide whether finance is suitable for your circumstances
• The lender is responsible for assessing affordability, creditworthiness and approving credit applications
• Finance is optional and subject to the lender's approval. You can choose to pay by other methods

Our lending panel

We introduce customers to V12 Retail Finance Ltd only.

Commission

We DO NOT receive commission from the lender for introducing customers.

FCA Register

You can check our details on the FCA Register at:https://register.fca.org.uk/

Non-Regulated Activities

RM Cycles Ltd also provides retail cycle sales, repairs and servicing, and participates in Cycle to Work scheme redemptions. These activities are not regulated financial services activities.

Consumer Understanding

• Customers are informed before proceeding with any regulated activity that RM Cycles Ltd is acting only as an introducer.
• Customers are advised that the lender will carry out affordability and creditworthiness checks and make the lending decision.
• The firm ensures that all communications are fair, clear, and not misleading, in line with the Consumer Duty (PRIN 2A).

Regulated vs Non-Regulated Activities

• Non-regulated: Sale of bicycles, accessories, servicing, and Cycle to Work scheme redemptions.
• Regulated: Introducing customers to V12 Retail Finance Ltd upon the customer’s proactive request.

The firm maintains clear separation between these activities in both staff training and customer communications.

5. Governance

• The Owner, Roger Marsh, is accountable for ensuring compliance with regulatory requirements.
• Regular reviews of marketing, customer communications, and the customer journey are undertaken to maintain clarity regarding regulated and non-regulated activity.

Date: 01/04/2026 v2.4