Simudyne Limited
06291551
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 24/01/2026
Due 07/02/2027
Industry
Officers
director · Since 25/03/2011
MANAGEMENT CONSULTANT
BRITISH · UNITED KINGDOM · Age 51
Also on 1 other board
director · Since 04/06/2014
MANAGEMENT CONSULTANT
BRITISH · ENGLAND · Age 53
Also on 1 other board
Former
secretary · Resigned 14/03/2011
director · Resigned 14/03/2011
director · Resigned 04/02/2016
director · Resigned 03/06/2016
director · Resigned 07/12/2018
Persons with Significant Control
Simudyne Holdings Ltd
125, Wood Street, London, EC2V 7AW
Reg: 10405794 · Companies House · Limited By Shares
Notified 01/10/2016
Former PSCs
Simudyne S.A R.L.
Ceased 07/04/2016
Mr Justin Thomas Lyon
Ceased 01/10/2016
Charges0 outstanding
WORKING CAPITAL PARTNERS LTD
Change History
Active
Private Limited Company
125 WOOD STREET
LONDON
CompanyRankvs 3204+ SIC 58290 peers41
Show leaderboard
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
-£89k
Balance sheet strength
Cash
£50k
Cash in the bank
Net Current Assets
-£76k
Working capital
Current Assets
£458k
Current Liabilities
£534k
Debtors
£408k
Tax at Year End(2022)
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.86 | -£124k | — |
| 2023 | 1.04 | +£1.7M | — |
| 2022 | 0.16 | -£1.3M | £1.1M |
| 2021 | 0.87 | -£183k | £1.1M |
| 2020 | 2.04 | — | £360k |
Derived from filed accounts. Not audited figures.