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Simplifyd Systems Limited

12691659

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

27 TERLINGS AVENUE, HARLOW, CM20 2FN
Incorporated 23/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities

Officers

Oluwatomi Timothy Amao

director · Since 23/06/2020

MANAGING DIRECTOR

NIGERIAN · ENGLAND · Age 39

Persons with Significant Control

Simplifyd Systems, Inc.

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

611, Ventana Lane, Lexington

Reg: 6176088 · Delaware · Corporate

Notified 09/11/2021

Former PSCs

Oluwatomi Timothy Amao

Ceased 09/11/2021

CompanyRankvs 23501+ SIC 62012 peers
53

Financial strength2th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.79× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£522k

Balance sheet strength

Cash

£127

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£120k

Current Liabilities

£43k

Debtors

£120k

2avg. employees

Balance Sheet

Assets less current liabilities£77k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20242.79-£139k
20235.91-£343k
20222.60

Derived from filed accounts. Not audited figures.