SIMPLIFY OPERATIONS LTD Financials
- Company number
- 13288825CopyCopy
- Registered office
- 4th Floor, Fora Great Eastern Street, 21-33 Great Eastern Street, London EC2A 3EJ
- Incorporated
- 24/03/2021
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-68.81%vs 20232023: £174.35K
Total Assets
-22.49%vs 20232023: £189.88K
Cash in Bank
-65.37%vs 20232023: £172.84K
Total Liabilities
607.96%vs 20232023: £12.41K
Employees
0vs 20232023: 3
In 2024, SIMPLIFY OPERATIONS LTD reported net assets of £54.38K. The same filing shows total assets of £147.18K, cash in bank of £59.86K and total liabilities of £87.88K. Reported headcount was 3 in 2024. Net Assets fell from £174.35K in 2023 to £54.38K in 2024 (-68.81%). Okredo holds filed figures for 2022–2024; 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
-68.81%from £174.35K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SIMPLIFY OPERATIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+2088%vs 2022+368% a year compound (CAGR)
Total Assets
+1647%vs 2022+318% a year compound (CAGR)
Total Liabilities
+57.9%vs 2022+25.7% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+2088%
£2.74K in 2022 to £59.86K in 2024
Every measure that changed in SIMPLIFY OPERATIONS LTD's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SIMPLIFY OPERATIONS 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
- 36.95%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
- 59.71%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.
- Cash to liabilities
- 68.12%2024
- 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
- 40.67%2024
- 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 SIMPLIFY OPERATIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -47.21K | 174.35K | 54.38K |
| Total Assets£ | 8.43K | 189.88K | 147.18K |
| Cash in Bank£ | 2.74K | 172.84K | 59.86K |
| Total Liabilities£ | 55.64K | 12.41K | 87.88K |
| Employees | 3 | 3 | 3 |
SIMPLIFY OPERATIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIMPLIFY OPERATIONS LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
SIMPLIFY OPERATIONS LTD reported net assets of £54.38K for 2024. That compares with £174.35K in 2023, a change of -68.81%.
SIMPLIFY OPERATIONS LTD reported total assets of £147.18K for 2024. That compares with £189.88K in 2023, a change of -22.49%.
SIMPLIFY OPERATIONS LTD reported cash in bank of £59.86K for 2024. That compares with £172.84K in 2023, a change of -65.37%.
SIMPLIFY OPERATIONS LTD reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, SIMPLIFY OPERATIONS LTD's cash in bank rose by 2088%, total assets rose by 1647%, total liabilities rose by 57.9% and employee numbers was unchanged. Cash in bank compounded at 368% a year across the two years to 2024, from £2.74K to £59.86K. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.