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Sims Reed Limited

01391116

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

44 ST. JAMES'S PLACE, LONDON, SW1A 1NS
Incorporated 26/09/1978

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

47791
Retail sale of antiques including antique books in stores

Officers

Mr Max Reed

director · Since 13/03/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 2 other boards

Richard Wilkinson

secretary · Since 10/02/2004

ACCOUNTANT

BRITISH · Age 58

Also on 1 other board

Persons with Significant Control

Mr Max Reed

75–100% shares

British · England · Age 77

44, St. James's Place, London, SW1A 1NS

Notified 01/01/2017

Charges3 outstanding

charge
outstanding

RYDER STREET PROPERTIES LIMITED

Created 14/03/2008Registered 20/03/2008
charge
outstanding

RYDER STREET PROPERTIES LIMITED

Created 01/09/1999Registered 10/09/1999
charge
outstanding

BARCLAYS BANK PLC

Created 12/04/1984Registered 19/04/1984

CompanyRankvs 179+ SIC 47791 peers
68

Financial strength88th percentile among SIC peers · 22/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£256k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£255k

Working capital

Current Assets

£2.1M

Current Liabilities

£1.9M

Fixed Assets

£900

Debtors

£391k

4avg. employees

Tax at Year End

Corp tax£88k

Balance Sheet

Assets less current liabilities£256k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.14-£121k
20231.27-£144k
20211.61+£129k
20201.53+£143k
20191.42+£14k
20181.07-£16k
20171.09

Derived from filed accounts. Not audited figures.