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Simmons Innovations Limited

08907275

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

TENNYSON HOUSE, CAMBRIDGE, CB4 0WZ
Incorporated 21/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities
74100
Specialised design activities

Officers

Mr David Simmons

director · Since 21/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 3 other boards

Persons with Significant Control

Mr David Simmons

75–100% shares
75–100% votes
Appoint directors

British · England · Age 73

Tennyson House, Cambridge Business Park, Cambridge, CB4 0WZ

Notified 06/04/2016

CompanyRankvs 735+ SIC 71122 peers
72

Financial strength96th percentile among SIC peers · 24/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.27× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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735Simmons Innovations Limited
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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.

Employees11/15 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.

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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest pound. The following principal accounting policies have been applied: 2.2 GOING CONCERN The company's ability to continue trading relies on the continued financial support from Soundunit Limited, a company in which D Simmons is a director and shareholder. Financial support

Key FinancialsYear ending 30/09/2024

Net Worth

£426k

Balance sheet strength

Cash

£411k

Cash in the bank

Net Current Assets

£359k

Working capital

Current Assets

£642k

Current Liabilities

£283k

Fixed Assets

£87k

Debtors

£231k

2avg. employees

Tax at Year End

Corp tax£98k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£446k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.27+£36k
20232.30+£72k
20222.31-£45k
20212.64+£126k
20202.14+£41k
20191.78+£131k

Derived from filed accounts. Not audited figures.