In Simple Terms Limited
09495042
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/03/2015
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 8 other boards
Persons with Significant Control
Mr Gary Robert Twocock
British · England · Age 60
China Bridge House, Balls Cross, Petworth, GU28 9JU
Notified 06/04/2016
CompanyRankvs 16541+ SIC 62090 peers64
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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 31/03/2025
Turnover
£9k
Annual revenue
Net Worth
£7k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£5k
Working capital
Current Assets
£4k
Current Liabilities
£660
Fixed Assets
£2k
Profit After Tax
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.62 | +£2k |
| 2024 | 3.65 | +£3k |
| 2023 | 12.80 | +£11k |
| 2022 | 21.01 | -£2k |
| 2021 | 15.58 | +£4k |
| 2020 | Infinity | +£132 |
| 2019 | 4.01 | — |
Derived from filed accounts. Not audited figures.