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Simply Brands Direct Limited

05555825

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

SAMBHAV HOUSE GREENHILL WAY, HARROW, HA1 1AF
Incorporated 07/09/2005

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

27/06/2026

On track

Confirmation statement

Last: 16/05/2026

Due 30/05/2027

On track

Industry

47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets

Officers

Mrs Kiran Hiren Soni

secretary · Since 07/09/2005

BRITISH · ENGLAND · Age 48

Also on 6 other boards

Mr Hiren Soni

director · Since 07/09/2005

SHOPKEEPER

BRITISH · UNITED KINGDOM · Age 51

Also on 7 other boards

Persons with Significant Control

Mr Hiren Soni

25–50% shares

British · United Kingdom · Age 51

Sambhav House, Greenhill Way, Harrow, HA1 1AF

Notified 06/04/2016

Mrs Kiran Hiren Soni

25–50% shares

British · England · Age 48

Sambhav House, Greenhill Way, Harrow, HA1 1AF

Notified 18/11/2024

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 26/04/2016Registered 26/04/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 16/01/2012Registered 17/01/2012Satisfied 12/02/2024

CompanyRankvs 34270+ SIC 47910 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.18× · 2/20
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 strength0/25 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.

Liquidity2/20 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 30/09/2024

Net Worth

-£872k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£860k

Working capital

Current Assets

£183k

Current Liabilities

£1.0M

Fixed Assets

£146

Debtors

£158k

6avg. employees-5

Balance Sheet

Assets less current liabilities-£860k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£34k
20230.15-£200k
20220.44-£118k
20210.57-£194k
20200.81-£148k
20191.03
20181.04

Derived from filed accounts. Not audited figures.