SIM SWITCHGEAR LIMITED Financials
- Company number
- 04927796CopyCopy
- Registered office
- Cloth Hall, 150 Drake Street, Rochdale OL16 1PX
- Incorporated
- 09/10/2003
Company snapshot
- Status
- Active
- Employees
- 14 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
20.38%vs 20242024: £272.62K
Total Assets
-9.38%vs 20242024: £818.43K
Cash in Bank
-20.09%vs 20242024: £117.89K
Total Liabilities
-41.91%vs 20242024: £495.69K
Employees
0vs 20242024: 14
In 2025, SIM SWITCHGEAR LIMITED reported net assets of £328.17K. The same filing shows total assets of £741.70K, cash in bank of £94.20K and total liabilities of £287.93K. Reported headcount was 14 in 2025. Total Liabilities fell from £495.69K in 2024 to £287.93K in 2025 (-41.91%). 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
20.38%from £272.62K 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 SIM SWITCHGEAR LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+12.4%vs 2023+6% a year compound (CAGR)
Cash in Bank
-5.6%vs 2023-2.9% a year compound (CAGR)
Total Assets
+23.5%vs 2023+11.1% a year compound (CAGR)
Total Liabilities
-6.7%vs 2023-3.4% a year compound (CAGR)
Employees
+7.7%vs 2023+1Biggest increase
Total Assets+23.5%
£600.46K in 2023 to £741.70K in 2025
Biggest decrease
Total Liabilities-6.7%
£308.50K in 2023 to £287.93K in 2025
SIM SWITCHGEAR LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SIM SWITCHGEAR 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
- 44.25%2025
- 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.
- Liabilities to total assets
- 38.82%2025
- 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.
- Cash to liabilities
- 32.72%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 12.70%2025
- 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 SIM SWITCHGEAR LIMITED 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£ | 61.25K | 135.39K | 291.96K | 272.62K | 328.17K |
| Total Assets£ | 334.60K | 378.72K | 600.46K | 818.43K | 741.70K |
| Cash in Bank£ | 32.46K | 110.48K | 99.84K | 117.89K | 94.20K |
| Total Liabilities£ | 273.35K | 243.33K | 308.50K | 495.69K | 287.93K |
| Employees | 11 | 12 | 13 | 14 | 14 |
SIM SWITCHGEAR LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIM SWITCHGEAR LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SIM SWITCHGEAR LIMITED reported net assets of £328.17K for 2025. That compares with £272.62K in 2024, a change of 20.38%.
SIM SWITCHGEAR LIMITED reported total assets of £741.70K for 2025. That compares with £818.43K in 2024, a change of -9.38%.
SIM SWITCHGEAR LIMITED reported cash in bank of £94.20K for 2025. That compares with £117.89K in 2024, a change of -20.09%.
SIM SWITCHGEAR LIMITED reported 14 employees in 2025, compared with 14 in 2024.
Between 2023 and 2025, SIM SWITCHGEAR LIMITED's net assets rose by 12.4%, cash in bank fell by 5.6%, total assets rose by 23.5% and total liabilities fell by 6.7%. Net assets compounded at 6% a year across the two years to 2025, from £291.96K to £328.17K. Reported headcount went from 13 in 2023 to 14 in 2025 (+1).
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.