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SIMPLIFI SOLUTIONS LIMITED Financials

Company number
06625819Copy
Copy
Registered office
Suite 2.2 My Buro, 20 Market Street, Altrincham, Cheshire WA14 1PF
Incorporated
20/06/2008

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£98.03K2024
12.87%vs 2023

2023: £86.85K

Total Assets

£158.30K2024
0.46%vs 2023

2023: £157.58K

Total Liabilities

£60.28K2024
-14.78%vs 2023

2023: £70.73K

Employees

52024
0vs 2023

2023: 5

In 2024, SIMPLIFI SOLUTIONS LIMITED reported net assets of £98.03K. The same filing shows total assets of £158.30K and total liabilities of £60.28K. Reported headcount was 5 in 2024. Net Assets rose from £86.85K in 2023 to £98.03K in 2024 (12.87%). 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

£98.03K2024
12.87%from £86.85K in 2023

Year-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 SIMPLIFI SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£146.70K2022£98.03K2024
-33.2%vs 2022

-18.3% a year compound (CAGR)

Total Assets

£197.36K2022£158.30K2024
-19.8%vs 2022

-10.4% a year compound (CAGR)

Total Liabilities

£50.66K2022£60.28K2024
+19%vs 2022

+9.1% a year compound (CAGR)

Employees

4202252024
+25%vs 2022+1

Biggest increase

Employees+25%

4 in 2022 to 5 in 2024

Biggest decrease

Net Assets-33.2%

£146.70K in 2022 to £98.03K in 2024

SIMPLIFI SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 SIMPLIFI SOLUTIONS 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
61.92%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.
Liabilities to total assets
38.08%2024
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 SIMPLIFI SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£55.69K146.70K86.85K98.03K
Total Assets£92.42K197.36K157.58K158.30K
Cash in Bank£––––
Total Liabilities£36.73K50.66K70.73K60.28K
Employees4455

SIMPLIFI SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SIMPLIFI SOLUTIONS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

SIMPLIFI SOLUTIONS LIMITED reported net assets of £98.03K for 2024. That compares with £86.85K in 2023, a change of 12.87%.

SIMPLIFI SOLUTIONS LIMITED reported total assets of £158.30K for 2024. That compares with £157.58K in 2023, a change of 0.46%.

SIMPLIFI SOLUTIONS LIMITED reported total liabilities of £60.28K for 2024. That compares with £70.73K in 2023, a change of -14.78%.

SIMPLIFI SOLUTIONS LIMITED reported 5 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, SIMPLIFI SOLUTIONS LIMITED's net assets fell by 33.2%, total assets fell by 19.8%, total liabilities rose by 19% and employee numbers rose by 25%. Net assets contracted at 18.3% a year across the two years to 2024, from £146.70K to £98.03K. Reported headcount went from 4 in 2022 to 5 in 2024 (+1).

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.