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Simhomes Property Limited

08821220

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

THE OLD BANK, HOVE, BN3 4EL
Incorporated 19/12/2013

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/03/2026

Due 29/03/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Simon Tierney

director · Since 19/12/2013

TELEVISION EDITOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Simon Tierney

75–100% shares
75–100% votes

British · England · Age 52

The Old Bank, 257 New Church Road, Hove, BN3 4EL

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 20/03/2020Registered 23/03/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 23/08/2019Registered 27/08/2019
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 08/08/2019Registered 10/08/2019
Charge
outstanding

PARAGON BANK PLC

Created 06/06/2019Registered 11/06/2019

CompanyRankvs 173810+ SIC 68209 peers
30

Financial strength9th percentile among SIC peers · 2/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/03/2025

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£230k

Working capital

Current Assets

£9k

Current Liabilities

£239k

Fixed Assets

£556k

1avg. employees

Balance Sheet

Assets less current liabilities£326k
Signed by Mr Simon Tierney 12/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£5k
20240.04+£14k
20230.04+£9k
20220.04-£228
20210.03-£9k
20200.01-£55k
20190.47

Derived from filed accounts. Not audited figures.