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Simplestream Limited

07244424

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

30 HAYMARKET, LONDON, SW1Y 4EX
Incorporated 05/05/2010

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 15/07/2025

Due 29/07/2026

On track

Industry

59132
Video distribution activities

Officers

Mr Adam Lyall Smith

director · Since 20/09/2010

NONE

BRITISH · ENGLAND · Age 40

Mr Lewis Arthur

secretary · Since 24/05/2012

Mr Dan Finch

director · Since 29/10/2012

GENERAL MANAGER

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mr Neil Ramsay Blackley

director · Since 20/10/2014

CHAIRMAN

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Mr Sohail Bhatti

director · Since 10/12/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Persons with Significant Control

Mr Adam Lyall Smith

25–50% shares
25–50% votes

British · United Kingdom · Age 40

2nd Floor, 143 Long Acre, London, WC2E 9AD

Notified 31/05/2019

Former PSCs

Mr Adam Lyall Smith

Ceased 31/05/2019

Charges1 outstanding

Charge
outstanding

GROWTH LENDING 2020 LIMITED

Created 28/04/2021Registered 30/04/2021
Charge
satisfied

HARBERT EUROPEAN SPECIALITY LENDING COMPANY II,S.A.R.L.

Created 29/08/2018Registered 31/08/2018Satisfied 28/04/2021
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 12/01/2017Registered 20/01/2017Satisfied 03/09/2018
Charge
satisfied

BERINGEA LLP

Created 10/10/2014Registered 28/10/2014Satisfied 26/02/2015
Charge
satisfied

BERINGEA LLP

Created 10/10/2014Registered 24/10/2014Satisfied 26/02/2015

CompanyRankvs 542+ SIC 59132 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.78× · 6/20
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.

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.

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 31/05/2023

Net Worth

-£1.2M

Balance sheet strength

Cash

£531k

Cash in the bank

Net Current Assets

-£618k

Working capital

Current Assets

£2.2M

Current Liabilities

£2.8M

Fixed Assets

£80k

Debtors

£1.6M

Profit After Tax

£52k

40avg. employees+2

Balance Sheet

Assets less current liabilities-£538k
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20230.78-£365k
20220.98+£18k
20200.76

Derived from filed accounts. Not audited figures.