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Useful Simple Group Limited

03831898

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

TEMPLE CHAMBERS, LONDON, EC4Y 0HP
Incorporated 26/08/1999

Compliance

Last accounts

31/03/2025

full

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 22/08/2025

Due 05/09/2026

On track

Industry

71129
Other engineering activities

Officers

Mr. George Edward Christopher Oates

director · Since 01/03/2019

ASSOCIATE DIRECTOR, STRUCTURAL ENGINEERI

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mrs Judith Briony Sykes

director · Since 14/03/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 5 other boards

Mr Peter Winslow

director · Since 10/06/2021

CHARTERED ENGINEER

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mrs Eva-Marie Macnamara

director · Since 28/11/2023

ASSOCIATE DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Mrs. Annabel Rose Maguire Judd

director · Since 10/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Persons with Significant Control

Useful Simple Limited

75–100% shares

Clove Building, 4 Maguire Street, London, SE1 2NQ

Reg: 06684654 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 11/08/2017Registered 11/08/2017
charge
satisfied

THE CROWN ESTATE COMMISSIONERS

Created 27/04/2007Registered 04/05/2007Satisfied 05/04/2019
charge
satisfied

DERWENT VALLEY LONDON LIMITED

Created 17/02/2003Registered 26/02/2003Satisfied 05/04/2019

CompanyRankvs 1287+ SIC 71129 peers
65

Financial strength99th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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1287Useful Simple Group Limited
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£12.5M

Annual revenue

Net Worth

£2.5M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Profit Before Tax

£412k

Bottom line earnings

Net Current Assets

£2.4M

Working capital

Current Assets

£5.3M

Current Liabilities

£2.9M

Fixed Assets

£153k

Debtors

£3.1M

Gross Profit

£12.5M

Admin Expenses

£12.0M

Operating Profit

£440k

Profit After Tax

£288k

5avg. employees-83

Tax at Year End

Corp tax£86k

Balance Sheet

Intangible assets£12k
Assets less current liabilities£2.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.84+£288k
20242.35+£548k
20232.04+£312k
20222.32+£377k
20212.06-£632k
20202.13+£215
20191.98—

Derived from filed accounts. Not audited figures.