Ssmi Europe Limited
09506896
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/07/2021
DIRECTOR
ENGLISH · SOUTH AFRICA · Age 56
Also on 23 other boards
Persons with Significant Control
Mr Fabrizio Majorana
Italian · Italy · Age 58
62, Via Benedetto Croce, 00142 Rome
Notified 06/04/2016
CompanyRankvs 69872+ SIC 70229 peers52
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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.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
£225k
Balance sheet strength
Cash
£23k
Cash in the bank
Net Current Assets
-£183k
Working capital
Current Assets
£260k
Current Liabilities
£442k
Fixed Assets
£407k
Debtors
£237k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.59 | +£46k | — |
| 2024 | 0.89 | -£30k | — |
| 2023 | 7.14 | +£72k | — |
| 2022 | 5.38 | -£49k | — |
| 2021 | 6.82 | +£73k | — |
| 2020 | 5.99 | -£486 | £6k |
| 2019 | 4.85 | — | £6k |
Derived from filed accounts. Not audited figures.