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By Jon Robinson Significantly delayed accounts for Evans Cycles have revealed how far the brand, which is owned by Mike Ashley’s Frasers Group, has slumped further into the red. According to results for the year to April 30, 2023, which have only just been filed with Companies House, Evans Cycles slipped to a pre-tax loss of £23.2m. The business had also made a loss of £5.2m in the prior 12 months. The accounts had been due to be filed with Companies House by the end of January this year. Its results for April 30, 2024, are now expected to be published by the end of January 2025. Evans Cycles …

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