Simple Company Formations Ltd
10530543
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 13/12/2025
Due 27/12/2026
Industry
Officers
director · Since 17/12/2016
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
Persons with Significant Control
Mr Vinodkumar Valand
British · England · Age 46
78, Queens Road, Watford, WD17 2LA
Notified 17/12/2016
Change History
Active
Private Limited Company
78 QUEENS ROAD
WATFORD
CompanyRankvs 149929+ SIC 82990 peers33
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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 31/12/2024
Net Worth
-£13k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£9k
Current Liabilities
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.75 | -£2k |
| 2023 | 1.17 | — |
Derived from filed accounts. Not audited figures.