South Downs Bikes Limited
Reference number: 673338
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No longer authorised
This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Authorisation ended 7 July 2026.
Website, phone number and address
Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.
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Last known website
southdownsbikes.com
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Last known phone number
01903 745534
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Last known address
Southdown Bikes, 28 West Street, Storrington, Pulborough, West Sussex, RH20 4EE, United Kingdom
In the full report: 3 background checks
- When southdownsbikes.com first appeared online, and whether it can receive email
- What kind of line 01903 745534 is
- Who else gives the postcode RH20 4EE
Past FCA permissions and consumer protection
- The record is closedCover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.
FCA disciplinary action
FCA action
- action
- 1
- most recent
- July 2026
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Permission varied or cancelled on 7 July 2026
The Authority has cancelled the permission and withdrawn the authorisation of SOTH DOWNS BIKES LIMITED (“the Firm”) of 28 West Street, Storrington, Pulborough, West Sussex RH20 4EE (principal place of business address) and 303 Goring Road, Worthing, West Sussex, BN12 4NX (registered office address). The reason for this action is that the Authority considers the Firm is carrying on no regulated activities to which its Part 4A permission relates. The Authority’s action took effect on 7 July 2026 and a copy of the Notice of Decision issued under Schedule 6A of the Financial Services and Markets Act 2000 (the Act), which sets out the reason for the action, is displayed on the Authority’s website and can be accessed using the following link: https://www.fca.org.uk/publication/decision-notices/south-downs-bikes-limited-2026.pdf As a consequence of this action the Firm is no longer an authorised firm for the purposes of the Act and it may not carry on regulated activities which fall within the scope of the Act.
The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.
Companies House record
The company behind the firm: its status, age, registered office and directors.
- Company number
- 05104930 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 19 April 2004 (22 years old)
- Registered office
- 303 Goring Road, Worthing, West Sussex, BN12 4NX, United Kingdom
- Nature of business
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- Retail sale of sports goods, fishing gear, camping goods, boats and bicycles (SIC 47640)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Martin John Richardson | Director | Jul 1950 | 19 Apr 2004 | 1 other company |
Other companies run by its director
A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.
- other company
- 1
- closed down
- 1
In the full report: all 1 company, named
- What each company does, and whether it is still trading
- Which of its director sits on each board, and since when
- Any that went into liquidation or administration
- All 4 people who have ever been directors, with their dates
Filed accounts and finances
Net assets
−£412k
Down £42.5k from −£369k
Employees (average)
12
−25% from 16
Owed within a year
£745k
+20% from £620k
Net assets are negative: on its last balance sheet the company owed £412k more than it owned.
Assets and liabilities
In the full report: all 6 years of accounts
- Every year from 2020 to 2025
- The chart, over every year
- Every filed figure, year by year
About these figures
- Turnover
- Money taken from sales in the year, before any costs.
- Profit before tax
- What was left after the year’s costs, before corporation tax. A minus figure is a loss.
- Net assets, or total equity
- Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
- Total assets and total liabilities
- Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
- Cash at bank
- Money in the company’s accounts on the last day of the year.
- Owed within a year, owed after a year
- Debts and bills due in the next twelve months, and those due later.
There is no turnover or profit: small companies do not have to publish them.
Accounts filed at Companies House for company 05104930. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.
Key dates in its history
South Downs Bikes’s history from the FCA register and Companies House, newest first.
2026
7 July 2026
- FCA action: Permission varied or cancelled
- No longer regulated by the FCA
- Its FCA authorisation was revoked
FCA register
2025
17 February 2025
- Andrew Charles Richardson stopped being a part-owner
Companies House
2021
12 February 2021
- Andrew Charles Richardson became a part-owner (25–50% of shares)
Companies House
11 February 2021
- Terence Edward Peters stopped being a part-owner
Companies House
2016
6 April 2016
- Martin John Richardson took control (75–100% of shares)
- Terence Edward Peters became a part-owner (25–50% of shares)
Companies House
2015
5 March 2015
- Regulated by the FCA from this date
FCA register
2004
19 April 2004
- Incorporated at Companies House
Companies House
In the full report: all 18 events
- All 18 events in its history (10 shown here)
- Every director appointment and resignation: 7
Firms like South Downs Bikes
Other firms of the same type (retailer), nearest first.
In Pulborough
Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.
Get the full report on South Downs Bikes
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 1 other company its directors have run, named
- 3 background checks on its contact details
- 6 years of accounts, charted
- All 18 events in its history
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Report a scam to the FCA fca.org.uk