SIM'S KITCHEN LIMITED Financials
- Company number
- 11759372Copy
Copy - Registered office
- 246 Park View, Whitley Bay, Tyne And Wear NE26 3QX
- Incorporated
- 10/01/2019
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-34.11%vs 20232023: £-148.54K
Total Assets
-56.63%vs 20232023: £8.00K
Total Liabilities
29.47%vs 20232023: £156.53K
Employees
-2vs 20232023: 8
In 2024, SIM'S KITCHEN LIMITED reported net assets of £-199.20K. The same filing shows total assets of £3.47K and total liabilities of £202.67K. Reported headcount was 6 in 2024. Net Assets fell from £-148.54K in 2023 to £-199.20K in 2024 (-34.11%). Okredo holds filed figures for 2021–2024; 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
-34.11%from £-148.54K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SIM'S KITCHEN LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Assets
-81.8%vs 2022-57.4% a year compound (CAGR)
Total Liabilities
+78.5%vs 2022+33.6% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+78.5%
£113.56K in 2022 to £202.67K in 2024
Biggest decrease
Total Assets-81.8%
£19.11K in 2022 to £3.47K in 2024
SIM'S KITCHEN LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SIM'S KITCHEN LIMITED'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
- -5,743.97%2024
- Liabilities to total assets
- 5,843.97%2024
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SIM'S KITCHEN LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -94.47K | -94.45K | -148.54K | -199.20K |
| Total Assets£ | 21.14K | 19.11K | 8.00K | 3.47K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 115.61K | 113.56K | 156.53K | 202.67K |
| Employees | 4 | 6 | 8 | 6 |
SIM'S KITCHEN LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SIM'S KITCHEN LIMITED filed financial statements?
Yes. Okredo holds filed figures for SIM'S KITCHEN LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did SIM'S KITCHEN LIMITED report in 2024?
SIM'S KITCHEN LIMITED reported net assets of £-199.20K for 2024. That compares with £-148.54K in 2023, a change of -34.11%.
What total assets did SIM'S KITCHEN LIMITED report in 2024?
SIM'S KITCHEN LIMITED reported total assets of £3.47K for 2024. That compares with £8.00K in 2023, a change of -56.63%.
What total liabilities did SIM'S KITCHEN LIMITED report in 2024?
SIM'S KITCHEN LIMITED reported total liabilities of £202.67K for 2024. That compares with £156.53K in 2023, a change of 29.47%.
How many people does SIM'S KITCHEN LIMITED employ?
SIM'S KITCHEN LIMITED reported 6 employees in 2024, compared with 8 in 2023.
How have SIM'S KITCHEN LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SIM'S KITCHEN LIMITED's total assets fell by 81.8%, total liabilities rose by 78.5% and employee numbers was unchanged. Total assets contracted at 57.4% a year across the two years to 2024, from £19.11K to £3.47K. Reported headcount went from 6 in 2022 to 6 in 2024.
Which years of SIM'S KITCHEN LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.