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Sim Gear Ltd

15371806

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

4 CEDAR COURT, TIVERTON, EX16 6GT
Incorporated 27/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Phillip Keith Clark

director · Since 27/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Douglas George Nourse

director · Since 27/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 8 other boards

Mr Paul Nigel Weeks

director · Since 27/12/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Paul Nigel Weeks

50–75% shares
50–75% votes
Appoint directors

British · England · Age 49

4 Cedar Court, Tiverton Business Park, Tiverton, EX16 6GT

Notified 27/12/2023

Mr Douglas George Nourse

25–50% shares
25–50% votes

British · United Kingdom · Age 58

Kellands Farm, Birdlip, Gloucester, GL4 8JH

Notified 27/12/2023

CompanyRankvs 32588+ SIC 47910 peers
53

Financial strength63th percentile among SIC peers · 16/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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32588Sim Gear Ltd
49
How is this score calculated?
Financial strength16/25 pts

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

Employees14/15 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.

Longevity2/15 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

£886

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£886

Working capital

Current Assets

£2k

Current Liabilities

£4k

3avg. employees

Balance Sheet

Assets less current liabilities£886
Signed by Mr P N Weeks 19 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.52

Derived from filed accounts. Not audited figures.