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M.C. Simpson (Pas) Limited

05422737

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
61 / 100

Some Concerns

25/30
Filing
20/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

WEST DOWN BARN, BLANDFORD FORUM, DT11 9AT
Incorporated 12/04/2005

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/04/2026

Due 26/04/2027

On track

Industry

01610
Support activities for crop production

Officers

Mr Michael Clive Simpson

director · Since 12/04/2005

DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Michael Clive Simpson

75–100% shares

British · England · Age 63

West Down Barn, Winterborne Kingston, Blandford Forum, DT11 9AT

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 21/08/2017Registered 25/08/2017
charge
outstanding

HSBC BANK PLC

Created 31/08/2005Registered 02/09/2005

Insolvency History1 case

corporate voluntary arrangement

Terry Evans (practitioner)

CompanyRankvs 628+ SIC 01610 peers
45

Financial strength73th percentile among SIC peers · 18/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees5/15 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£250k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£74k

Working capital

Current Assets

£371k

Current Liabilities

£297k

Fixed Assets

£176k

1avg. employees

Balance Sheet

Assets less current liabilities£251k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.25-£13k
20231.18

Derived from filed accounts. Not audited figures.