Simply Linens Ltd
07518665
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/03/2012
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 9 other boards
Persons with Significant Control
Mr David Russell Lynch
British · England · Age 63
Chilterns, Commonside Road, Harlow, CM18 7EZ
Notified 07/02/2017
CompanyRankvs 296+ SIC 77299 peers50
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£296k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
-£39k
Working capital
Current Assets
£119k
Current Liabilities
£158k
Fixed Assets
£224k
Debtors
£104k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.75 | +£15k |
| 2024 | 0.73 | — |
Derived from filed accounts. Not audited figures.