SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED Financials
- Company number
- 06366424CopyCopy
- Registered office
- 14th Floor 33 Cavendish Square, London W1G 0PW
- Incorporated
- 11/09/2007
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-75.45%vs 20222022: £10.77K
Total Assets
-26.71%vs 20222022: £15.48K
Cash in Bank
271.90%vs 20222022: £121.00
Total Liabilities
84.75%vs 20222022: £4.71K
Employees
0vs 20222022: 3
In 2023, SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED reported net assets of £2.64K. The same filing shows total assets of £11.34K, cash in bank of £450.00 and total liabilities of £8.70K. Reported headcount was 3 in 2023. Net Assets fell from £10.77K in 2022 to £2.64K in 2023 (-75.45%). Okredo holds filed figures for 2021–2023; 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
-75.45%from £10.77K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-72.6%vs 2021-47.6% a year compound (CAGR)
Cash in Bank
+23.6%vs 2021+11.2% a year compound (CAGR)
Total Assets
-2.5%vs 2021-1.3% a year compound (CAGR)
Total Liabilities
+336%vs 2021+109% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Liabilities+336%
£2.00K in 2021 to £8.70K in 2023
Biggest decrease
Net Assets-72.6%
£9.64K in 2021 to £2.64K in 2023
SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED's filings pull in both directions between 2021 and 2023. 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 SIMMONS GAINSFORD PROCUREMENT SERVICES 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
- 23.30%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.
- Liabilities to total assets
- 76.70%2023
- 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
- 5.17%2023
- 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
- 3.97%2023
- 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 SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 9.64K | 10.77K | 2.64K |
| Total Assets£ | 11.64K | 15.48K | 11.34K |
| Cash in Bank£ | 364.00 | 121.00 | 450.00 |
| Total Liabilities£ | 2.00K | 4.71K | 8.70K |
| Employees | 3 | 3 | 3 |
SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED reported net assets of £2.64K for 2023. That compares with £10.77K in 2022, a change of -75.45%.
SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED reported total assets of £11.34K for 2023. That compares with £15.48K in 2022, a change of -26.71%.
SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED reported cash in bank of £450.00 for 2023. That compares with £121.00 in 2022, a change of 271.90%.
SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, SIMMONS GAINSFORD PROCUREMENT SERVICES LIMITED's net assets fell by 72.6%, cash in bank rose by 23.6%, total assets fell by 2.5% and total liabilities rose by 336%. Net assets contracted at 47.6% a year across the two years to 2023, from £9.64K to £2.64K. Reported headcount went from 3 in 2021 to 3 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.