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Simplify Business Services Limited

14409076

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

33-34 WINCKLEY SQUARE, PRESTON, PR1 3JJ
Incorporated 10/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities

Officers

Mrs Sian Rhianwen How

director · Since 10/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 35

Mr Alexander James How

director · Since 14/09/2024

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 6 other boards

Persons with Significant Control

Mrs Sian Rhianwen How

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

British · England · Age 35

33-34, Winckley Square, Preston, PR1 3JJ

Notified 10/10/2022

Mr Alexander James How

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

British · England · Age 36

33-34, Winckley Square, Preston, PR1 3JJ

Notified 14/09/2024

Charges1 outstanding

Charge
outstanding

NPIF II - SMALLER LOANS NW LP

Created 31/03/2025Registered 02/04/2025

CompanyRankvs 32053+ SIC 69201 peers
21

Financial strength3th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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 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

2avg. employees+2

Balance Sheet

Total assets£16k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36-£12k
20230.08

Derived from filed accounts. Not audited figures.