Michael F. Simpson Limited
01399102
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 26/05/1991
BRITISH · UNITED KINGDOM · Age 84
Also on 1 other board
director · Since 26/05/1991
RETIRED
BRITISH · UNITED KINGDOM · Age 84
Also on 1 other board
Persons with Significant Control
Mrs Patricia Simpson
British · United Kingdom · Age 84
6, Came Court, Woodhall Spa, LN10 6DA
Notified 07/02/2024
Former PSCs
Mr Michael Frederick Simpson
Ceased 07/02/2024
CompanyRankvs 1768+ SIC 55900 peers71
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
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
£749k
Balance sheet strength
Cash
£940k
Cash in the bank
Net Current Assets
-£283k
Working capital
Current Assets
£960k
Current Liabilities
£1.2M
Fixed Assets
£1.0M
Debtors
£20k
Tax at Year End
Director Loans
People Costs(2016)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.77 | +£76k |
| 2023 | 0.58 | +£60k |
| 2022 | 0.43 | +£77k |
| 2021 | 0.37 | +£61k |
| 2020 | 0.29 | +£67k |
| 2019 | 0.31 | +£61k |
| 2018 | 0.20 | +£101k |
| 2016 | 0.24 | — |
Derived from filed accounts. Not audited figures.