FAIL FORWARD (SUSSEX) LTD

Active
Company number 13048930Private limited companyIncorporated 2020

Key figures

−£22,076-11.3%
Net assets 2024/25
-30 k-20 k-10 k02020/212021/222022/232023/242024/25

Like most small UK companies, FAIL FORWARD (SUSSEX) LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 47250

Where the company stands among the 3,232 active companies whose first SIC code is 47250 (Retail sale of beverages in specialised stores).

Net assets−£22,076
Lower than 81% · median £5,000
Total assets£10,520
Lower than 83% · median £61,640
Cash£7,044
Lower than 64% · median £16,115
Employees5
Higher than 65% · median 2
Company age6.0 years
Older than 55% · median 5.1 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 3,232. The line on each bar marks the median.

Summary: FAIL FORWARD (SUSSEX) LTD

What kind of company is it?

FAIL FORWARD (SUSSEX) LTD is a private limited company registered with Companies House under company number 13048930. It was incorporated on 27 Nov 2020. Its status is active. The registered office is in Worthing (BN11). Its nature of business (SIC 2007) is retail sale of beverages in specialised stores (47250).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Nov 2025); the company files small company accounts (filleted). Net assets were −£22,076, down 11.3% on the previous year. Cash at bank and in hand was £7,044. Total assets were £10,520 and total liabilities £32,596. The company had an average of 5 employees. Figures are available for 5 financial years (2020/21–2024/25).

How does it compare with similar companies?

Compared with 3,232 active companies whose first SIC code is 47250: By net assets it ranks lower than 81% of them (median £5,000). By total assets it ranks lower than 83% of them (median £61,640). By cash it ranks lower than 64% of them (median £16,115). By number of employees it ranks higher than 65% of them (median 2). It is older than 55% of them (median age 5.1 years).

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered. 1 of 1 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Aug 2027. The next confirmation statement is due by 10 Dec 2026.

Filed accounts2020/21–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand10,55511,00911,58210,3447,044
Total assets68,80260,45439,38626,17210,520
Total liabilities87,13565,11950,02846,01432,596
Net assets / total equity-18,333-4,665-10,642-19,842-22,076
Average number of employees00555

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

9 events
  1. Financial year 2024/25 endedAccounts: net assets −£22.1k, 5 employees
  2. Financial year 2023/24 endedAccounts: net assets −£19.8k, 5 employees
  3. Financial year 2022/23 endedAccounts: net assets −£10.6k, 5 employees
  4. Financial year 2021/22 endedAccounts: net assets −£4,665, 0 employees
  5. Financial year 2020/21 endedAccounts: net assets −£18.3k, 0 employees
  6. Name changed to FAIL FORWARD (SUSSEX) LTDPreviously FAIL FOWARD (SUSSEX) LTD
  7. Patrick Joshua CASCANTE appointedDirector
  8. Mr Patrick Joshua Cascante registered as a person with significant control
Earlier events (1)
  1. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.