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Simbaz Group Uk Ltd

11150280

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5, LONDON, N15 4QZ
Incorporated 15/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects
49410
Freight transport by road
49420
Removal services
53100
Postal activities under universal service obligation

Officers

Samsam Ali Sheikh

director · Since 03/01/2025

British

Former

David Walton

secretary · Resigned 18/10/2023

Sadir Hassan

director · Resigned 03/01/2025

Sadir Hassan

director · Resigned 23/01/2023

Sadir Hassan

director · Resigned 02/07/2020

Samsam Ali Sheikh

director · Resigned 01/01/2024

Samsam Ali Sheikh

director · Resigned 08/08/2022

CompanyRankvs 102530+ SIC 42990 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 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.

Longevity8/15 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 31/10/2024

Net Worth

-£332k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£554k

Working capital

Current Assets

£60k

Current Liabilities

£615k

Fixed Assets

£222k

5avg. employees-20

Balance Sheet

Assets less current liabilities-£332k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10-£142k
20210.33

Derived from filed accounts. Not audited figures.