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Simply Ip Security Ltd

14532474

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 09/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Gareth Paul Wiffen

director · Since 09/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Persons with Significant Control

Gareth Paul Wiffen

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

British · United Kingdom · Age 46

86-90, Paul Street, London, EC2A 4NE

Notified 09/12/2022

CompanyRankvs 26840+ SIC 43290 peers
29

Financial strength7th percentile among SIC peers · 2/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity4 years trading (max 15) · 4/15
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.

Employees2/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£63k

Current Liabilities

£69k

0avg. employees-2

Balance Sheet

Total assets£63k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91-£13k
20231.01

Derived from filed accounts. Not audited figures.