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Auto Simplicity Ltd

12713188

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

7 SOUNDWELL ROAD, BRISTOL, BS16 4QG
Incorporated 02/07/2020

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 02/07/2025

Due 16/07/2026

On track

Industry

96090
Other personal service activities

Officers

Mr Derije Derege

director · Since 02/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Derije Derege

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

British · United Kingdom · Age 37

7 Soundwell Road, Staple Hill, Bristol, BS16 4QG

Notified 02/07/2020

CompanyRankvs 26589+ SIC 96090 peers
65

Financial strength73th percentile among SIC peers · 18/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 8.1× · 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 strength18/25 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.

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 31/07/2024

Net Worth

£16k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£49k

Working capital

Current Assets

£56k

Current Liabilities

£7k

Fixed Assets

£14k

Debtors

£7k

1avg. employees

Balance Sheet

Assets less current liabilities£63k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.10+£7k
202313.22+£1k
20225.09+£820
20215.58

Derived from filed accounts. Not audited figures.