Company Overview
Sussex Bears Cic is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Wednesday 30 January 2019, so this is a well established company. Sussex Bears Cic has been in business for 7 years and 2 months. The accounts status is total exemption full and the accounts are next due on Friday 28 February 2025.
Registered Address

70 South Street, Lancing, West Sussex, BN15 8AJ
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Companies House Data
Company NameSUSSEX BEARS CIC
Company Number11798057
Registered Office Address70 South Street
 BN15 8AJ
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/01/2019
Accounting Reference Date Day30
Accounting Reference Date Month5
Accounts Next Due Date28/02/2025
Accounts Last Made Up Date30/05/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/02/2020
Previous Company NameChanged Date
SUSSEX BEARS28 Feb 2019
Directors & Members
Show Resigned
Candace Budgen - Director
(British, 56 years old, born February 1970)
Appointed 11 October 2020
 Active
Charlotte Curran - Director
(British, 56 years old, born November 1970)
Appointed 11 October 2020
 Active
Gary Smith - Director
(British, 59 years old, born November 1967)
Appointed 30 January 2019
 Active
Secretaries
Show Resigned
Other Company Directorships
Candace Budgen
No companies found
Charlotte Curran
STICKY LITTLE PRINTS LIMITED
WORTHING THUNDER CIC
Gary Smith
BRIGHTON BEARS COMMUNITY FOUNDATION CIC
REACH FOR THE SKY BASKETBALL LTD
WORTHING BASKETBALL LIMITED
WORTHING THUNDER CIC
Balance Sheet Unlock full report
Accounts Date 30-May-2023 30-May-2022 30-May-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 5,815 5,815 9,587
Creditors Due Within One Year 3,569 3,569 5,917
Working Cap 2,246 2,246 3,670
Total Assets Less Current Liabilities 2,246 2,246 3,670
Long-term Liabilities 0 0 2,750
Net Assets 2,246 2,246 920
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,246 2,246 920
Common Size Financial Analysis Unlock full report
Accounts Date 30-May-2023 30-May-2022 30-May-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - 0.0%
Cash Bank In Hand 100.0% 100.0% 100.0%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 61.4% 61.4% 61.7%
Net Current Assets Liabilities 38.6% 38.6% 38.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 38.6% 38.6% 9.6%
Capital Employed - - -
Total Assets Less Current Liabilities 38.6% 38.6% 38.3%
Financial Ratio Analysis Unlock full report
Accounts Date 30-May-2023 30-May-2022 30-May-2021
Liquidity Ratio 1.6 1.6 1.6
Solvency Ratio 1.6 1.6 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-May-2023 30-May-2022 30-May-2021
Assets 5,815 5,815 9,587
Debt 3,569 3,569 8,667
Net Assets/Debt 2,246 2,246 920

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Confirmation statement made on 25 February 2025 with no updates
First Gazette notice for compulsory strike-off
Withdrawal of a person with significant control statement on 3 September 2024
Compulsory strike-off action has been discontinued
Confirmation statement made on 25 February 2024 with no updates
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Notification of Candace Bugden as a person with significant control on 29 August 2023
Notification of Charlotte Curran as a person with significant control on 29 August 2023
Change of details for Mr Gary Smith as a person with significant control on 29 August 2023
Confirmation statement made on 25 February 2023 with no updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 25 February 2022 with no updates
Compulsory strike-off action has been suspended
Registered office address changed from 27 Old Gloucester Street London WC1N 3AX United Kingdom to 70 South Street Lancing West Sussex BN15 8AJ on 8 June 2022
First Gazette notice for compulsory strike-off
Termination of appointment of Ricky Perrin as a director on 10 March 2022
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