Syc Operations Ltd in Shoreham-by-sea, BN43 6RE

Description

Data updated on: 01-11-2023

Syc Operations Ltd has been prospering in the UK for at least 10 years. Started with registration number 09366802 in the year 2014, the firm is located at 85-89 Brighton Road, Shoreham-by-sea BN43 6RE. The name of this business was changed in the year 2020 to Syc Operations Ltd. The enterprise former name was Syc (bar And Catering). The company's classified under the NACE and SIC code 56301 which means Licensed clubs. September 30, 2022 is the last time when account status updates were filed.

Taking into consideration the following firm's magnitude, it became imperative to appoint more directors, among others: Giles W., Neville B., Kevin H. who have been participating in joint efforts since Friday 10th February 2023 to fulfil their statutory duties for the following firm. To support the directors in their duties, this firm has been using the skills of Timothy L. as a secretary for the last 10 years. At least one limited company has been appointed as a director, specifically Sussex Yacht Club Limited.

Previous company's names
Syc Operations Ltd 2020-06-03
Syc (bar And Catering) Limited 2014-12-24

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency
Net Worth	-3 031	-34 759

Balance Sheet
Cash Bank In Hand	7 364	12 866
Cash Bank On Hand		12 866	12 340	29 314	17 947	62 715	91 522	114 347	42 546
Current Assets	16 165	18 111	21 509	37 033	28 754	69 698	108 368	130 532	61 695
Debtors	1 296	303	3 712	200	135	188	5 567	4 218	8 007
Net Assets Liabilities					-24 610	-14 123	5 886	8 276	-29 404
Other Debtors				200	135	188	5 567	4 218	7 373
Stocks Inventory	7 505	4 942
Total Inventories		4 942	5 457	7 519	10 672	6 795	11 279	11 967	11 142
Property Plant Equipment						932	3 658	6 035

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	-3 131	-34 859
Shareholder Funds	-3 031	-34 759

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				126	633	1 157	1 687	2 095	2 127
Accumulated Depreciation Impairment Property Plant Equipment						92	435	1 421	2 519
Amounts Owed To Group Undertakings		21 767	40 000	45 000	20 500	20 500	10 500
Average Number Employees During Period		4	4	4	10	9	6	14	15
Bank Borrowings Overdrafts						50 000	46 809	37 226	27 404
Creditors		52 870	69 219	77 981	54 826	50 000	46 809	37 226	68 633
Creditors Due Within One Year	19 196	52 870
Fixed Assets					1 462	1 903	4 099	6 068	4 938
Increase From Amortisation Charge For Year Intangible Assets				126	507	524	530	408	32
Increase From Depreciation Charge For Year Property Plant Equipment						92	343	986	1 098
Intangible Assets				1 884	1 462	971	441	33	1
Intangible Assets Gross Cost				2 010	2 095	2 128	2 128	2 128
Net Current Assets Liabilities	-3 031	-34 759	-47 710	-40 948	-26 072	33 974	48 596	39 434	-6 938
Number Shares Allotted		100
Number Shares Issued Fully Paid			100	100	100	100	100	100	100
Other Creditors		900	8 190	6 002	9 013	5 017	17 829	43 851	14 245
Other Taxation Social Security Payable		8 635	10 193	15 638	16 164	2 225	9 331	21 906	21 264
Par Value Share		1	1	1	1	1	1	1	1
Profit Loss							26 083	25 842	-37 680
Property Plant Equipment Gross Cost						1 024	4 093	7 456
Share Capital Allotted Called Up Paid	100	100
Total Additions Including From Business Combinations Intangible Assets				2 010	85	33
Total Assets Less Current Liabilities	-3 031	-34 759	-47 710	-39 064	-24 610	35 877	52 695	45 502	-2 000
Trade Creditors Trade Payables		21 568	10 836	11 341	9 149	7 982	22 112	25 341	33 124
Trade Debtors Trade Receivables		303	3 712						634
Dividends Paid							6 074	23 452
Total Additions Including From Business Combinations Property Plant Equipment						1 024	3 069	3 363