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Sims Telecoms Ltd

13151858

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

10 VIVIAN ROAD, NEWPORT, NP19 0EQ
Incorporated 22/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61900
Other telecommunications activities

Officers

Mr Wayne Robert Sims

director · Since 22/01/2021

TELECOMS ENGINEER

BRITISH · WALES · Age 42

Persons with Significant Control

Mr Wayne Robert Sims

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

British · Wales · Age 42

10, Vivian Road, Newport, NP19 0EQ

Notified 22/01/2021

CompanyRankvs 7075+ SIC 61900 peers
40

Financial strength7th percentile among SIC peers · 2/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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.

Longevity5/15 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 31/01/2024

Net Worth

-£27k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£97k

Current Liabilities

£124k

Fixed Assets

£919

Debtors

£93k

3avg. employees+2

People Costs

Wages & salaries£86k

Balance Sheet

Assets less current liabilities-£26k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78+£800
20230.61-£43k
20221.40

Derived from filed accounts. Not audited figures.