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Direct Sims Ltd

10937848

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 10D, BRADFORD, BD7 1HR
Incorporated 30/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Bilal Ahmed Munir

director · Since 22/08/2022

GENERAL MANAGER

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Persons with Significant Control

Mr Bilal Munir

50–75% shares

British · England · Age 43

Unit 10d, Campus Road, Bradford, BD7 1HR

Notified 31/08/2022

Former PSCs

Mrs Shagufta Khan

Ceased 31/08/2022

Mr Maqbool Khan

Ceased 01/08/2023

CompanyRankvs 1705+ SIC 46520 peers
56

Financial strength64th percentile among SIC peers · 16/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/08/2024

Net Worth

£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£85k

Working capital

Current Assets

£4k

Current Liabilities

£89k

Fixed Assets

£97k

17avg. employees+2

Balance Sheet

Assets less current liabilities£12k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£32k
20230.21

Derived from filed accounts. Not audited figures.