SIMPLY ADDITIONS LTD Financials
- Company number
- 05270393Copy
Copy - Registered office
- E-Volve Business Centre Cygnet Way, Rainton Bridge South Business Park, Houghton Le Spring, Tyne And Wear DH4 5QY
- Incorporated
- 26/10/2004
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
170.59%vs 20232023: £3.40K
Total Assets
35.03%vs 20232023: £25.43K
Total Liabilities
14.13%vs 20232023: £22.03K
Employees
0vs 20232023: 5
In 2024, SIMPLY ADDITIONS LTD reported net assets of £9.19K. The same filing shows total assets of £34.34K and total liabilities of £25.15K. Reported headcount was 5 in 2024. Total Assets rose from £25.43K in 2023 to £34.34K in 2024 (35.03%). 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
170.59%from £3.40K 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 SIMPLY ADDITIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+32.9%vs 2022+15.3% a year compound (CAGR)
Total Assets
+4.1%vs 2022+2% a year compound (CAGR)
Total Liabilities
-3.5%vs 2022-1.8% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+32.9%
£6.91K in 2022 to £9.19K in 2024
Biggest decrease
Total Liabilities-3.5%
£26.06K in 2022 to £25.15K in 2024
SIMPLY ADDITIONS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 SIMPLY ADDITIONS 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
- 26.77%2024
- Liabilities to total assets
- 73.23%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 SIMPLY ADDITIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 11.89K | 6.91K | 3.40K | 9.19K |
| Total Assets£ | 40.35K | 32.98K | 25.43K | 34.34K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 28.46K | 26.06K | 22.03K | 25.15K |
| Employees | 6 | 5 | 5 | 5 |
SIMPLY ADDITIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has SIMPLY ADDITIONS LTD filed financial statements?
Yes. Okredo holds filed figures for SIMPLY ADDITIONS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did SIMPLY ADDITIONS LTD report in 2024?
SIMPLY ADDITIONS LTD reported net assets of £9.19K for 2024. That compares with £3.40K in 2023, a change of 170.59%.
What total assets did SIMPLY ADDITIONS LTD report in 2024?
SIMPLY ADDITIONS LTD reported total assets of £34.34K for 2024. That compares with £25.43K in 2023, a change of 35.03%.
What total liabilities did SIMPLY ADDITIONS LTD report in 2024?
SIMPLY ADDITIONS LTD reported total liabilities of £25.15K for 2024. That compares with £22.03K in 2023, a change of 14.13%.
How many people does SIMPLY ADDITIONS LTD employ?
SIMPLY ADDITIONS LTD reported 5 employees in 2024, compared with 5 in 2023.
How have SIMPLY ADDITIONS LTD financials changed over the last 3 years?
Between 2022 and 2024, SIMPLY ADDITIONS LTD's net assets rose by 32.9%, total assets rose by 4.1%, total liabilities fell by 3.5% and employee numbers was unchanged. Net assets compounded at 15.3% a year across the two years to 2024, from £6.91K to £9.19K. Reported headcount went from 5 in 2022 to 5 in 2024.
Which years of SIMPLY ADDITIONS LTD 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.