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Simplicity Resourcing Limited

12404271

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FLOOR 3 THE ASPEN BUILDING, MITCHELDEAN, GL17 0DD
Incorporated 15/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr David Simon Thornhill

director · Since 15/01/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Persons with Significant Control

Purple Factors Limited

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

Floor 3, The Aspen Building, Mitcheldean, GL17 0DD

Reg: 05885061 · Uk Register Of Companies · Private Company Limited By Shares

Notified 15/01/2020

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED

Created 23/01/2023Registered 27/01/2023
Charge
satisfied

PNC BUSINESS CREDIT A TRADING STYLE OF PNC FINANCIAL SERVICES UK LTD

Created 09/04/2021Registered 12/04/2021Satisfied 02/02/2023

CompanyRankvs 13286+ SIC 78200 peers
24

Financial strength5th percentile among SIC peers · 1/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 pts

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

Longevity6/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£36k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£120k

Current Liabilities

£159k

Debtors

£114k

1avg. employees

Tax at Year End(2024)

Corp tax£2k

Balance Sheet

Assets less current liabilities-£39k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.76-£9k
20240.76-£34k
20221.02+£21k
20210.87£834k

Derived from filed accounts. Not audited figures.