Back to search

Simply Save (Uk) Ltd

08535739

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

230 King Street, London, W6 0RA
Incorporated 20/05/2013

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 13/05/2026

Due 27/05/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Jagdeep Singh

director · Since 20/05/2013

British · United Kingdom · Age 39

Ragbir Singh Kanija

director · Since 20/09/2014

British · England · Age 53

Persons with Significant Control

Mr Ragbir Singh Kanija

25–50% shares

British · England · Age 53

230, King Street, London, W6 0RA

Notified 28/05/2016

Change History

statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line1230 King Street
2026-06-10

230 KING STREET

post townLondon
2026-06-10

LONDON

officer appointedKANIJA, Ragbir Singh
2026-06-10
officer appointedSINGH, Jagdeep
2026-06-10

CompanyRankvs 16439+ SIC 47110 peers
40

Financial strength4th percentile among SIC peers · 1/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 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.

Longevity13/15 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 31/05/2025

Net Worth

-£57k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£65k

Current Liabilities

£81k

Fixed Assets

£14k

2avg. employees

Tax at Year End(2019)

Corp tax£179
VAT£201

Director Loans(2019)

Company owes directors£84k

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr Ragbir Kanija 27/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.80+£0
20250.80+£5k
20240.78+£197
20230.84-£10k
20221.06-£24k
20211.10-£12k
20201.34+£2k
20190.57£4k
20180.60

Derived from filed accounts. Not audited figures.