Simplify Business Services Limited
14409076
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/09/2024
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 6 other boards
Persons with Significant Control
Mrs Sian Rhianwen How
British · England · Age 35
33-34, Winckley Square, Preston, PR1 3JJ
Notified 10/10/2022
Mr Alexander James How
British · England · Age 36
33-34, Winckley Square, Preston, PR1 3JJ
Notified 14/09/2024
Charges1 outstanding
NPIF II - SMALLER LOANS NW LP
CompanyRankvs 32053+ SIC 69201 peers21
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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.
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 31/10/2024
Net Worth
-£23k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£14k
Current Liabilities
£40k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.36 | -£12k |
| 2023 | 0.08 | — |
Derived from filed accounts. Not audited figures.