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Simplicity1st Ltd

10357748

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

1 SCOTNEY WAY SCOTNEY WAY, CARDIFF, CF23 8PJ
Incorporated 02/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services
82990
Other business support service activities

Officers

Mr Peter Micheal Noble

director · Since 02/09/2016

HEAD OF OPERATIONS

BRITISH · UNITED KINGDOM · Age 70

Persons with Significant Control

Mr Peter Micheal Noble

25–50% shares

British · United Kingdom · Age 70

1 Scotney Way, Scotney Way, Cardiff, CF23 8PJ

Notified 02/09/2016

Former PSCs

Mrs Peng Teng

Ceased 01/03/2020

CompanyRankvs 2130+ SIC 66190 peers
64

Financial strength68th percentile among SIC peers · 17/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.29× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees2/15 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.

Longevity10/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£27k

Balance sheet strength

Cash

£58k

Cash in the bank

Net Current Assets

£46k

Working capital

Current Assets

£60k

Current Liabilities

£14k

Fixed Assets

£416

Debtors

£2k

0avg. employees

Balance Sheet

Bank loans & overdrafts£19k
Assets less current liabilities£46k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20244.29+£2k
202310.51+£34k
2022-£6k

Derived from filed accounts. Not audited figures.