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SIMPLY CERTIFICATION LIMITED Financials

Company number
12765939Copy
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Registered office
Quay Corner Training Centre, Church Bank, Jarrow NE32 3HH
Incorporated
24/07/2020

Company snapshot

Status
Active
Employees
12 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£400.25K2024
266.70%vs 2023

2023: £109.15K

Total Assets

£692.88K2024
155.18%vs 2023

2023: £271.53K

Cash in Bank

£45.98K2021
First reported year

Total Liabilities

£292.63K2024
80.22%vs 2023

2023: £162.38K

Employees

122024
+2vs 2023

2023: 10

In 2024, SIMPLY CERTIFICATION LIMITED reported net assets of £400.25K. The same filing shows total assets of £692.88K, cash in bank of £45.98K and total liabilities of £292.63K. Reported headcount was 12 in 2024. Total Assets rose from £271.53K in 2023 to £692.88K in 2024 (155.18%). 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

£400.25K2024
266.70%from £109.15K 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 SIMPLY CERTIFICATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£307.002022£400.25K2024
+130274%vs 2022

+3511% a year compound (CAGR)

Total Assets

£102.83K2022£692.88K2024
+574%vs 2022

+160% a year compound (CAGR)

Total Liabilities

£102.52K2022£292.63K2024
+185%vs 2022

+69% a year compound (CAGR)

Employees

102022122024
+20%vs 2022+2

Biggest increase

Net Assets+130274%

£307.00 in 2022 to £400.25K in 2024

Every indicator Okredo holds for SIMPLY CERTIFICATION LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SIMPLY CERTIFICATION 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
57.77%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
42.23%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
87.09%2021

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
67.21%2021

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 SIMPLY CERTIFICATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£15.61K307.00109.15K400.25K
Total Assets£68.41K102.83K271.53K692.88K
Cash in Bank£45.98K–––
Total Liabilities£52.79K102.52K162.38K292.63K
Employees4101012

SIMPLY CERTIFICATION LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has SIMPLY CERTIFICATION LIMITED filed financial statements?

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Yes. Okredo holds filed figures for SIMPLY CERTIFICATION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did SIMPLY CERTIFICATION LIMITED report in 2024?

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SIMPLY CERTIFICATION LIMITED reported net assets of £400.25K for 2024. That compares with £109.15K in 2023, a change of 266.70%.

What total assets did SIMPLY CERTIFICATION LIMITED report in 2024?

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SIMPLY CERTIFICATION LIMITED reported total assets of £692.88K for 2024. That compares with £271.53K in 2023, a change of 155.18%.

What cash in bank did SIMPLY CERTIFICATION LIMITED report in 2021?

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SIMPLY CERTIFICATION LIMITED reported cash in bank of £45.98K for 2021. There is no earlier filing to compare it against.

How many people does SIMPLY CERTIFICATION LIMITED employ?

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SIMPLY CERTIFICATION LIMITED reported 12 employees in 2024, compared with 10 in 2023.

How have SIMPLY CERTIFICATION LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, SIMPLY CERTIFICATION LIMITED's net assets rose by 130274%, total assets rose by 574%, total liabilities rose by 185% and employee numbers rose by 20%. Net assets compounded at 3511% a year across the two years to 2024, from £307.00 to £400.25K. Reported headcount went from 10 in 2022 to 12 in 2024 (+2).

Which years of SIMPLY CERTIFICATION LIMITED financial data are available?

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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.