Back to search

Simplicity Properties Ltd

14077561

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SIMPLICITY PROPERTIES LTD PICCADILLY BUSINESS CENTRE, MANCHESTER, M12 6AE
Incorporated 29/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Ms Tengyan Lu

director · Since 29/04/2022

ADMINISTRATOR

CHINESE · ENGLAND · Age 42

Mr Vincent Ying Fung Lui

director · Since 29/04/2022

MARKETING

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Vincent Ying Fung Lui

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

Simplicity Properties Ltd, Piccadilly Business Centre, Manchester, M12 6AE

Notified 29/04/2022

Former PSCs

Ms Tengyan Lu

Ceased 01/05/2024

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 30/01/2023Registered 31/01/2023

CompanyRankvs 79612+ SIC 68100 peers
38

Financial strength58th percentile among SIC peers · 14/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Land Management Group Limited
90
8Abbott Bros.(Kent),Limited
90
9Stonewood Securities Limited
90
10Braintree Bungalows Limited
90
79612Simplicity Properties Ltd
45
How is this score calculated?
Financial strength14/25 pts

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

Employees9/15 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.

Longevity4/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2026

Net Worth

£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£115

Working capital

Current Assets

£482

Current Liabilities

£597

Fixed Assets

£192k

1avg. employees

Balance Sheet

Assets less current liabilities£192k
Signed by 4 SIMPLICITY PROPERTIES LTDPrepared with TinyTax

EstimatesDerived

YearCurrent RatioImplied Profit
20260.81+£5k
20251.30-£16k
2024Infinity-£14k
20234.70—

Derived from filed accounts. Not audited figures.