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Project Simply Limited

06808978

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

12 HILTON STREET, MANCHESTER, M1 1JF
Incorporated 03/02/2009

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Christian Hill

director · Since 03/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr Michael Joseph Watson

director · Since 10/12/2012

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Christian Hill

25–50% shares
50–75% votes

British · England · Age 47

12, Hilton Street, Manchester, M1 1JF

Notified 01/02/2017

Mr Michael Joseph Watson

25–50% shares
50–75% votes

British · England · Age 43

12, Hilton Street, Manchester, M1 1JF

Notified 16/01/2018

CompanyRankvs 595+ SIC 62012 peers
88

Financial strength94th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.23× · 20/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/01/2025

Net Worth

£378k

Balance sheet strength

Cash

£522k

Cash in the bank

Net Current Assets

£385k

Working capital

Current Assets

£558k

Current Liabilities

£173k

Fixed Assets

£18k

Debtors

£35k

6avg. employees

Tax at Year End(2022)

Corp tax£16k

Director Loans(2020)

Company owes directors£36k

Balance Sheet

Assets less current liabilities£403k
Prepared with BTCSoftware AP Solution 2024 11.1.08

EstimatesDerived

YearCurrent RatioImplied Profit
20253.23+£76k
20245.30-£4k
20233.86+£131k
20223.19+£124k
20212.76+£23k
20201.55+£8k
20191.36

Derived from filed accounts. Not audited figures.