Simoco Systems Limited
02704696
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/10/2024
small
Next accounts due
31/07/2026
Confirmation statement
Last: 07/04/2026
Due 21/04/2027
Industry
Officers
director · Since 14/04/1992
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 4 other boards
director · Since 16/12/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 9 other boards
director · Since 16/12/2021
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 15 other boards
director · Since 16/12/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 9 other boards
Persons with Significant Control
Team Telecommunications Group Limited
Field House, Uttoxeter Old Road, Derby, DE1 1NH
Reg: 5131474 · England And Wales Companies House · Limited Company
Notified 16/12/2021
Former PSCs
Mr Simon Peter Clifton
Ceased 16/12/2021
Mr Michael John Tubby
Ceased 16/12/2021
Charges1 outstanding
Hsbc UK Bank PLC
A fixed and floating charge over all assets.
CompanyRankvs 1660+ SIC 61200 peers37
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.
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 31/10/2025
Net Worth
-£206k
Balance sheet strength
Cash
£7k
Cash in the bank
Net Current Assets
-£559k
Working capital
Current Assets
£418k
Current Liabilities
£977k
Fixed Assets
£353k
Debtors
£308k
Profit After Tax
-£177k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.43 | +£55k |
| 2024 | 0.38 | -£177k |
| 2023 | 0.91 | — |
Derived from filed accounts. Not audited figures.