Simoco Emea Ltd
04382515
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/10/2024
full
Next accounts due
31/07/2026
Confirmation statement
Last: 23/03/2026
Due 06/04/2027
Industry
Officers
director · Since 27/04/2007
ACCOUNTANT
BRITISH · ENGLAND · Age 58
Also on 15 other boards
director · Since 23/11/2012
CHIEF OPERATING OFFICER
BRITISH · UNITED KINGDOM · Age 61
Also on 6 other boards
director · Since 15/09/2020
DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 9 other boards
Former
director · Resigned 13/06/2024
director · Resigned 26/01/2025
Persons with Significant Control
Team Telecommunications Group Limited
Field House, Uttoxeter Old Road, Derby, DE1 1NH
Reg: 05131474 · England & Wales · Limited Company
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
HSBC BANK PLC (THE LENDER)
Change History
Active
Private Limited Company
FIELD HOUSE
DERBY
CompanyRankvs 1743+ SIC 61900 peers53
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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
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 concern are d
Key FinancialsYear ending 31/10/2025
Turnover
£4.9M
Annual revenue
Net Worth
£141k
Balance sheet strength
Cash
£68k
Cash in the bank
Profit Before Tax
-£114k
Bottom line earnings
Net Current Assets
-£219k
Working capital
Current Assets
£2.5M
Current Liabilities
£2.8M
Fixed Assets
£360k
Debtors
£600k
Cost of Sales
£2.6M
Gross Profit
£2.3M
Admin Expenses
£2.4M
Operating Profit
-£114k
Profit After Tax
£386k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.92 | +£386k |
| 2024 | 0.82 | +£349k |
| 2023 | 0.77 | — |
Derived from filed accounts. Not audited figures.