Simplystay 101 Limited
13146045
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 01/04/2026
Due 15/04/2027
Industry
Officers
director · Since 20/01/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 8 other boards
Persons with Significant Control
Mr Sathavahana Reddy Vaddaram
British · England · Age 47
65, High Street, Lincoln, LN5 8AD
Notified 20/01/2021
Change History
Active
Private Limited Company
65 HIGH STREET
LINCOLN
CompanyRankvs 8783+ SIC 55100 peers35
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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 31/03/2025
Net Worth
-£339k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£334k
Working capital
Current Assets
£129k
Current Liabilities
£463k
Director Loans(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.28 | -£285k |
| 2024 | 0.63 | -£52k |
| 2023 | 0.05 | — |
| 2022 | NaN | — |
Derived from filed accounts. Not audited figures.