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Sims Reed Gallery Limited

06765400

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

44 ST. JAMES'S PLACE, LONDON, SW1A 1NS
Incorporated 04/12/2008

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

47781
Retail sale in commercial art galleries

Officers

Mr Max Reed

director · Since 04/12/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 2 other boards

Mr Richard Wilkinson

secretary · Since 15/12/2008

GALLERY MANAGER

BRITISH

Persons with Significant Control

Mr Max Reed

75–100% shares

British · England · Age 77

44, St. James's Place, London, SW1A 1NS

Notified 01/09/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 09/10/2019Registered 15/10/2019Satisfied 09/09/2024

CompanyRankvs 166+ SIC 47781 peers
80

Financial strength89th percentile among SIC peers · 22/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.55× · 16/20
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 strength22/25 pts

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

Employees12/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£154k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£153k

Working capital

Current Assets

£430k

Current Liabilities

£277k

Fixed Assets

£474

3avg. employees+1

Tax at Year End(2023)

Corp tax£7k

Balance Sheet

Assets less current liabilities£154k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.55-£25k
20231.36-£9k
20211.64+£50k
20201.42+£45k
20191.22+£18k
20181.06

Derived from filed accounts. Not audited figures.