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Simsage (Uk) Limited

11936581

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)
  • Negative net worth (-10)

Details

ST JOHN'S INNOVATION CENTRE, CAMBRIDGE, CB4 0WS
Incorporated 10/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Petrus Matheus Godefridus De Vocht

director · Since 10/04/2019

SOFTWARE ENGINEER

NEW ZEALANDER,DUTCH · NEW ZEALAND · Age 57

Mr Christopher Sean Wilson

director · Since 10/04/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 70

Mr Colin Joseph Ronald Groves

director · Since 27/06/2022

COMPANY DIRECTOR

BRITISH · NEW ZEALAND · Age 64

Also on 1 other board

Persons with Significant Control

Simsage Group Limited

75–100% shares
75–100% votes
Appoint directors

5-7, The Crescent, Newquay, TR7 1DT

Reg: 13273435 · Registrar Of Companies · Private Limited Company

Notified 18/03/2022

Former PSCs

Mr Christopher Sean Wilson

Ceased 18/03/2022

Mr Petrus Matheus Godefridus De Vocht

Ceased 18/03/2022

Charges0 outstanding

Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 24/05/2024Registered 28/05/2024Satisfied 25/06/2024

CompanyRankvs 37278+ SIC 62012 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity7 years trading (max 15) · 7/15
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.

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.

Longevity7/15 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 31/03/2024

Net Worth

-£1.4M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£28k

Current Liabilities

£108k

Fixed Assets

£437k

6avg. employees

Balance Sheet

Assets less current liabilities£368k
Signed by Mr Christopher Wilson 17/05/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26-£379k
20230.80-£781k
20220.24-£198k
20210.24-£35k
20200.13

Derived from filed accounts. Not audited figures.