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G Simpson Butchers Limited

04793956

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

11 CAMERON STREET, SLEAFORD, NG34 9RW
Incorporated 10/06/2003

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 10/06/2026

Due 24/06/2027

On track

Industry

47220
Retail sale of meat and meat products in specialised stores

Officers

Shirley Maureen Simpson

secretary · Since 12/06/2003

BRITISH · Age 71

Mr Gary Simpson

director · Since 12/06/2003

BUTCHER

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Gary Simpson

75–100% shares

British · England · Age 46

11 Cameron Street, Sleaford, NG34 9RW

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/12/2013Registered 27/12/2013
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/12/2013Registered 27/12/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/08/2009Registered 02/09/2009

CompanyRankvs 10+ SIC 47220 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.58× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£3.2M

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

£2.4M

Working capital

Current Assets

£2.8M

Current Liabilities

£423k

Fixed Assets

£957k

Debtors

£2.6M

33avg. employees

Balance Sheet

Assets less current liabilities£3.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.58+£0
20256.58+£458k
20244.94+£291k
20234.65+£268k
20223.44-£211k
20212.98

Derived from filed accounts. Not audited figures.