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Simply Milk Limited

15906490

active
ltd
wales
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

Garness, Llanteg, Narberth, SA67 8PX
Incorporated 20/08/2024

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 19/08/2025

Due 02/09/2026

On track

Industry

46330
Wholesale of dairy products, eggs and edible oils and fats
47290
Other retail sale of food in specialised stores

Officers

Mr Madoc Owain Richards

director · Since 20/08/2024

ASSISTANT

BRITISH · WALES · Age 20

Mr Mark Alan Richards

director · Since 20/08/2024

CHIEF OPERATING OFFICER

BRITISH · WALES · Age 62

Also on 1 other board

Madoc Owain Richards

director · Since 20/08/2024

British · Wales · Age 20

Mark Alan Richards

director · Since 20/08/2024

British · Wales · Age 62

Persons with Significant Control

Mr Mark Alan Richards

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

British · Wales · Age 62

Garness, Llanteg, Narberth, SA67 8PX

Notified 20/08/2024

Change History

statusactive
2026-06-23

Active

typeltd
2026-06-23

Private Limited Company

address line1Garness
2026-06-23

GARNESS

post townNarberth
2026-06-23

NARBERTH

CompanyRankvs 1094+ SIC 46330 peers
26

Financial strength8th percentile among SIC peers · 2/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity2 years trading (max 15) · 2/15
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.

Employees5/15 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.

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 31/08/2025

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£4k

Current Liabilities

£97k

Fixed Assets

£69k

1avg. employees

Balance Sheet

Assets less current liabilities-£24k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.04

Derived from filed accounts. Not audited figures.