Simplifying Finance Ltd
16281676
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Next accounts due
27/11/2026
Confirmation statement
Last: 26/02/2026
Due 12/03/2027
Industry
Officers
director · Since 27/02/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 1 other board
Persons with Significant Control
Mrs Jane Louise Phillips
British · United Kingdom · Age 46
162-164 High Street, Rayleigh, SS6 7BS
Notified 27/02/2025
Change History
Active
Private Limited Company
162-164 HIGH STREET
RAYLEIGH
CompanyRankvs 23317+ SIC 64999 peers28
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2026
Net Worth
-£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£3k
Current Liabilities
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2026 | 0.62 |
Derived from filed accounts. Not audited figures.