Simworx Ltd
05389718
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 7 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
26/09/2026
Confirmation statement
Last: 01/03/2026
Due 15/03/2027
Industry
Officers
director · Since 11/03/2005
OPERATIONS DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 5 other boards
director · Since 11/03/2005
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 20 other boards
secretary · Since 11/03/2005
BRITISH · ENGLAND · Age 57
Also on 20 other boards
director · Since 03/07/2024
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 3 other boards
Former
director · Resigned 10/07/2015
director · Resigned 04/03/2021
director · Resigned 30/04/2021
Persons with Significant Control
Media Based Attractions Limited
37, Second Avenue, Kingswinford, DY6 7UL
Reg: 09526725 · England And Wales · Limited Company
Notified 06/04/2016
Charges7 outstanding
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Change History
Active
Private Limited Company
37 SECOND AVENUE
KINGSWINFORD
CompanyRankvs 382+ SIC 28990 peers63
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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 31/12/2023
Turnover
£7.5M
Annual revenue
Net Worth
£2.9M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Profit Before Tax
£374k
Bottom line earnings
Net Current Assets
£2.7M
Working capital
Current Assets
£7.0M
Current Liabilities
£4.4M
Fixed Assets
£329k
Debtors
£5.2M
Cost of Sales
£5.3M
Gross Profit
£2.2M
Admin Expenses
£2.0M
Operating Profit
£426k
Profit After Tax
£498k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.61 | +£498k |
| 2022 | 2.03 | -£2.0M |
| 2021 | 3.00 | -£61k |
| 2020 | 2.57 | -£1.4M |
| 2019 | 1.77 | — |
Derived from filed accounts. Not audited figures.