It Simplified Limited
05379398
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
James Patrick Newbery
British · England · Age 56
4th Floor Park Gate, 161-163 Preston Road, Brighton, BN1 6AF
Notified 06/04/2016
CompanyRankvs 19816+ SIC 62090 peers60
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£2
Balance sheet strength
Cash
£153k
Cash in the bank
Net Current Assets
£193k
Working capital
Current Assets
£291k
Current Liabilities
£98k
Fixed Assets
£20k
Debtors
£110k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.96 | — |
| 2024 | 2.82 | — |
| 2023 | 2.66 | — |
| 2022 | 2.95 | — |
| 2021 | 2.03 | — |
| 2020 | 2.37 | +£0 |
| 2019 | 2.44 | — |
| 2018 | 1.92 | — |
Derived from filed accounts. Not audited figures.