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Simfoni Limited

09747447

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 25/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr John Freeman

director · Since 28/06/2021

INVESTOR

AMERICAN · UNITED STATES · Age 35

Mr Chirag Shah

director · Since 28/06/2021

CHAIRMAN & CEO

BRITISH · UNITED ARAB EMIRATES · Age 56

Mr Herbert D Cunitz

director · Since 27/12/2021

NON-EXECUTIVE DIRECTOR

AMERICAN · UNITED STATES · Age 63

Persons with Significant Control

The Procurement Group Limited

75–100% shares

13, Dome Hill Peak, Caterham, CR3 6EH

Reg: 9746944 · Companies House · Limited Liability Company

Notified 24/08/2016

Former PSCs

Mr Chirag Shah

Ceased 24/08/2016

Simfoni Group Limited

Ceased 06/09/2019

Charges1 outstanding

Charge
outstanding

SILICON VALLEY BANK, A DIVISION OF FIRST-CITIZENS BANK & TRUST COMPANY

Created 17/04/2026Registered 23/04/2026
Charge
satisfied

SUSSER BANK

Created 19/04/2024Registered 22/04/2024Satisfied 23/04/2026
Charge
satisfied

WEBSTER BANK, NATIONAL ASSOCIATION

Created 13/05/2022Registered 25/05/2022Satisfied 29/04/2024
Charge
satisfied

WEBSTER BANK, NATIONAL ASSOCIATION

Created 13/05/2022Registered 25/05/2022Satisfied 29/04/2024
Charge
satisfied

WEBSTER BANK, NATIONAL ASSOCIATION

Created 13/05/2022Registered 25/05/2022Satisfied 29/04/2024
Charge
satisfied

IL2 (2018) S.�.R.L.

Created 24/02/2020Registered 28/02/2020Satisfied 22/06/2022
Charge
satisfied

IL2 (2018) S.�.R.L.

Created 21/01/2020Registered 23/01/2020Satisfied 22/06/2022

CompanyRankvs 2031+ SIC 62090 peers
75

Financial strength100th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.38× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

Longevity11/15 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 31/12/2024

Net Worth

£7.5M

Balance sheet strength

Cash

£681k

Cash in the bank

Net Current Assets

£7.6M

Working capital

Current Assets

£10.7M

Current Liabilities

£3.2M

Fixed Assets

£26

Debtors

£1.5M

Profit After Tax

-£74k

9avg. employees-3

People Costs(2023)

Wages & salaries£565k

Balance Sheet

Intangible assets£1
Assets less current liabilities£7.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.38-£65k
20234.19-£704k
20224.90+£1.2M
20214.96+£7.3M
20201.63+£83k
20191.09-£130k
20181.36

Derived from filed accounts. Not audited figures.