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2 Simple Limited

03843465

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

188 BRENT STREET, LONDON, NW4 1BE
Incorporated 17/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Nigel John Canin

director · Since 14/03/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 12 other boards

Persons with Significant Control

2 Simple (Holdings) Limited

75–100% shares
75–100% votes

188, Brent Street, Hendon, NW4 1BE

Reg: 05855175 · Uk · Company

Notified 06/04/2016

CompanyRankvs 2468+ SIC 62090 peers
86

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£3.2M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£4.4M

Working capital

Current Assets

£10.2M

Current Liabilities

£5.8M

Fixed Assets

£33k

Debtors

£8.3M

34avg. employees-2

Balance Sheet

Intangible assets£14k
Assets less current liabilities£4.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.76+£644k
20231.82-£517k
20222.01+£1.1M
20211.76+£793k
20201.78+£1.1M
20191.95-£305k
20181.36

Derived from filed accounts. Not audited figures.