MY SIMPLE MORTGAGE LTD Financials
- Company number
- 09275345Copy
Copy - Registered office
- The Mount, Etruria Road, Newcastle ST5 0SU
- Incorporated
- 22/10/2014
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-473.27%vs 20242024: £-19.94K
Total Assets
191.89%vs 20242024: £27.27K
Cash in Bank
39.15%vs 20222022: £46.88K
Total Liabilities
310.73%vs 20242024: £47.20K
Employees
0vs 20242024: 0
In 2025, MY SIMPLE MORTGAGE LTD reported net assets of £-114.29K. The same filing shows total assets of £79.58K, cash in bank of £65.23K and total liabilities of £193.87K. Reported headcount was 0 in 2025. Total Liabilities rose from £47.20K in 2024 to £193.87K in 2025 (310.73%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-473.27%from £-19.94K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MY SIMPLE MORTGAGE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-577%vs 2023Total Assets
-25.2%vs 2023-13.5% a year compound (CAGR)
Total Liabilities
+188%vs 2023+69.7% a year compound (CAGR)
Employees
-100%vs 2023-6Biggest increase
Total Liabilities+188%
£67.29K in 2023 to £193.87K in 2025
Biggest decrease
Net Assets-577%
£23.98K in 2023 to £-114.29K in 2025
MY SIMPLE MORTGAGE LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MY SIMPLE MORTGAGE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -143.61%2025
- Liabilities to total assets
- 243.61%2025
- Cash to liabilities
- 96.95%2023
- Cash to total assets
- 61.32%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MY SIMPLE MORTGAGE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 2.61K | 4.14K | 23.98K | -19.94K | -114.29K |
| Total Assets£ | 81.05K | 80.04K | 106.38K | 27.27K | 79.58K |
| Cash in Bank£ | 51.84K | 46.88K | 65.23K | – | – |
| Total Liabilities£ | 70.84K | 75.90K | 67.29K | 47.20K | 193.87K |
| Employees | 5 | 6 | 6 | 0 | 0 |
MY SIMPLE MORTGAGE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MY SIMPLE MORTGAGE LTD filed financial statements?
Yes. Okredo holds filed figures for MY SIMPLE MORTGAGE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MY SIMPLE MORTGAGE LTD report in 2025?
MY SIMPLE MORTGAGE LTD reported net assets of £-114.29K for 2025. That compares with £-19.94K in 2024, a change of -473.27%.
What total assets did MY SIMPLE MORTGAGE LTD report in 2025?
MY SIMPLE MORTGAGE LTD reported total assets of £79.58K for 2025. That compares with £27.27K in 2024, a change of 191.89%.
What cash in bank did MY SIMPLE MORTGAGE LTD report in 2023?
MY SIMPLE MORTGAGE LTD reported cash in bank of £65.23K for 2023. That compares with £46.88K in 2022, a change of 39.15%.
How many people does MY SIMPLE MORTGAGE LTD employ?
MY SIMPLE MORTGAGE LTD reported 0 employees in 2025, compared with 0 in 2024.
How have MY SIMPLE MORTGAGE LTD financials changed over the last 3 years?
Between 2023 and 2025, MY SIMPLE MORTGAGE LTD's net assets fell by 577%, total assets fell by 25.2%, total liabilities rose by 188% and employee numbers fell by 100%. Total assets contracted at 13.5% a year across the two years to 2025, from £106.38K to £79.58K. Reported headcount went from 6 in 2023 to 0 in 2025 (-6).
Which years of MY SIMPLE MORTGAGE LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.