# SOUTH DOWNS BIKES LIMITED (05104930)

> SOUTH DOWNS BIKES LIMITED is an active private limited company (company number 05104930) incorporated on 19 April 2004, registered in Worthing. Its registered activity is retail sale of sports goods, fishing gear, camping goods, boats and bicycles (SIC 47640). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£412k, with 12 employees on average. Net assets fell 12% on the prior period (−£369k).

- Status: Active
- Incorporated: 2004-04-19
- Registered office: Worthing, BN12 4NX
- SIC 47640: Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 78 comparable companies in Brighton (median £4,126, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£412k | — | £56k | — | — | — | 12 |
| 2024-05-31 | −£369k | — | £24k | — | — | — | 16 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-411,867 at 31 May 2025
- Incorporated five or more years ago: Incorporated 19 April 2004

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Martin John Richardson — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05104930
HTML: https://firmoscan.com/company/05104930-south-downs-bikes-limited