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Similate Limited

06486162

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Arnold House 2 New Road, Brading, Sandown, PO36 0DT
Incorporated 28/01/2008

Previously known as

Vectis 574 Limited · until 09/09/2008

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/01/2026

Due 22/01/2027

On track

Industry

62020
Information technology consultancy activities
70210
70210
90030
Artistic creation
93199
Other amusement and recreation activities

Officers

Mr David Kenneth Mogg

director · Since 05/09/2008

CONSULTANT AND TRAINER (INCL SUB AQUA)

BRITISH · ENGLAND · Age 62

Also on 2 other boards

David Kenneth Mogg

director · Since 05/09/2008

British · England · Age 62

Former

Garbetts Consulting Limited

corporate nominee director · Resigned 05/09/2008

Garbetts Nominees Limited

corporate nominee secretary · Resigned 30/06/2012

Persons with Significant Control

Mr David Kenneth Mogg

75–100% shares

British · England · Age 62

Arnold House, 2 New Road, Sandown, PO36 0DT

Notified 01/01/2017

Change History

statusactive
2026-06-14

Active

typeltd
2026-06-14

Private Limited Company

address line1Arnold House 2 New Road
2026-06-14

ARNOLD HOUSE 2 NEW ROAD

post townSandown
2026-06-14

SANDOWN

officer appointedMOGG, David Kenneth
2026-06-14

CompanyRankvs 88634+ SIC 62020 peers
39

Financial strength12th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£2k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£21k

Current Liabilities

£23k

Fixed Assets

£49

Tax at Year End

Corp tax£4k

Director Loans

Company owes directors£19k

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr David Mogg 8 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92+£27k
20240.39-£1k
20230.41+£19k
20220.01-£956
20210.00-£1k
20200.00-£993
20190.01

Derived from filed accounts. Not audited figures.