Simplicity Enterprises Ltd
12707644
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/06/2020
CONSULTANT
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
Mr Oxford Olugbenga Olawale Olatunji
British · England · Age 49
10, Wildfell Walk, Northampton, NN5 4FZ
Notified 30/06/2020
CompanyRankvs 24160+ SIC 46900 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Net Worth
-£574
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£574
Working capital
Current Assets
£1
Current Liabilities
£575
Debtors
£1
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.00 |
| 2025 | 0.00 |
| 2024 | 0.00 |
| 2023 | 0.00 |
| 2022 | 0.00 |
| 2021 | 0.01 |
Derived from filed accounts. Not audited figures.