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Simply Italian Limited

03879183

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

20 EVERSLEY ROAD, BEXHILL-ON-SEA, TN40 1HE
Incorporated 18/11/1999

Compliance

Last accounts

31/12/2023

total exemption full

Accounts

Up to date

Confirmation statement

Last: 18/11/2024

Due

On track

Industry

56101
Licensed restaurants

Officers

Mr Marc Ernesto Venditto

director · Since 21/12/2001

RESTAURANTEUR

BRITISH · UNITED KINGDOM · Age 61

Also on 9 other boards

Persons with Significant Control

Grist Mill Rye Limited

75–100% shares

20 Eversley Road, Bexhill-On-Sea, TN40 1HE

Reg: 09977242 · England & Wales · Limited Company

Notified 13/04/2022

Former PSCs

Simply Italian (Holdings) Limited

Ceased 12/04/2022

CompanyRankvs 14114+ SIC 56101 peers
48

Financial strength24th percentile among SIC peers · 6/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.18× · 12/20
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 strength6/25 pts

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

Employees0/15 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

-£12k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£65k

Current Liabilities

£55k

Debtors

£62k

Tax at Year End

Corp tax£1k

Director Loans(2020)

Company owes directors£106k

Balance Sheet

Assets less current liabilities£10k
Signed by M E Venditto 27 September 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20231.18-£177k
20224.12-£808k
202112.76+£26k£919k
20205.81-£244k£919k
20193.30+£286k
20182.67

Derived from filed accounts. Not audited figures.