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Plainandsimple Ltd

12182168

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

16 GREAT QUEEN STREET, LONDON, WC2B 5AH
Incorporated 30/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores

Officers

Mr Duco Andel Bloemers

director · Since 30/08/2019

FOUNDER

DUTCH · UNITED KINGDOM · Age 34

Persons with Significant Control

Mr Duco Andel Bloemers

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

Dutch · United Kingdom · Age 34

16, Great Queen Street, London, WC2B 5AH

Notified 30/08/2019

CompanyRankvs 2723+ SIC 47510 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.22× · 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.

Employees6/15 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 31/08/2024

Net Worth

-£371k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£431k

Working capital

Current Assets

£119k

Current Liabilities

£550k

Fixed Assets

£60k

Debtors

£26k

1avg. employees

Balance Sheet

Intangible assets£60k
Assets less current liabilities-£371k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22-£151k
20230.12-£124k
20220.21-£106k
20213.13-£51k
20207.45

Derived from filed accounts. Not audited figures.