Sim Serv Ltd
09998418
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Simon-Alexandru Badea
Romanian · England · Age 36
Flat F 35, Ashgrove Road, Ilford, IG3 9XF
Notified 01/07/2016
CompanyRankvs 26489+ SIC 41202 peers44
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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 28/02/2025
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£18k
Working capital
Current Assets
£30k
Current Liabilities
£13k
Debtors
£30k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.40 | -£578 |
| 2024 | 4.91 | -£1k |
| 2023 | 5.92 | — |
| 2022 | 27.66 | — |
| 2021 | — | +£0 |
| 2020 | 1.54 | +£30 |
Derived from filed accounts. Not audited figures.