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Simple Solution Developments Ltd

12317555

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 10, NORTHFLEET, DA11 9DZ
Incorporated 15/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings
68100
Buying and selling of own real estate

Officers

Mr Farakh Zulqarnain Karim

director · Since 15/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Persons with Significant Control

Mr Farakh Zulqarnain Karim

75–100% shares

British · England · Age 62

Unit 10, Ebbsfleet Business Park, Northfleet, DA11 9DZ

Notified 15/11/2019

CompanyRankvs 15+ SIC 41100 peers
34

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.1× · 12/20
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.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 30/11/2021

Net Worth

£8k

Balance sheet strength

Cash

£341

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£462k

Current Liabilities

£418k

Fixed Assets

£150

Debtors

£97k

7avg. employees

Balance Sheet

Bank loans & overdrafts£36k
Assets less current liabilities£44k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20211.10

Derived from filed accounts. Not audited figures.