SIMPLY-COMMUNICATE LIMITED Financials
- Company number
- 05137978Copy
Copy - Registered office
- The Walbrook Building, 25 Walbrook, London EC4N 8AW
- Incorporated
- 26/05/2004
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-498.92%vs 20232023: £69.82K
Total Assets
33.96%vs 20232023: £735.78K
Cash in Bank
-35.53%vs 20232023: £34.94K
Total Liabilities
89.83%vs 20232023: £665.96K
Employees
0vs 20232023: 7
In 2024, SIMPLY-COMMUNICATE LIMITED reported net assets of £-278.52K. The same filing shows total assets of £985.68K, cash in bank of £22.53K and total liabilities of £1.26M. Reported headcount was 7 in 2024. Total Liabilities rose from £665.96K in 2023 to £1.26M in 2024 (89.83%). 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
-498.92%from £69.82K 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-COMMUNICATE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-1007%vs 2022Total Assets
+46.2%vs 2022+20.9% a year compound (CAGR)
Total Liabilities
+96.5%vs 2022+40.2% a year compound (CAGR)
Employees
-12.5%vs 2022-1Biggest increase
Total Liabilities+96.5%
£643.41K in 2022 to £1.26M in 2024
Biggest decrease
Net Assets-1007%
£30.71K in 2022 to £-278.52K in 2024
SIMPLY-COMMUNICATE LIMITED's filings pull in both directions between 2022 and 2024. 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 SIMPLY-COMMUNICATE 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
- -28.26%2024
- Liabilities to total assets
- 128.26%2024
- Cash to liabilities
- 1.78%2024
- Cash to total assets
- 2.29%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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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-COMMUNICATE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 45.81K | 30.71K | 69.82K | -278.52K |
| Total Assets£ | 544.95K | 674.12K | 735.78K | 985.68K |
| Cash in Bank£ | 238.29K | – | 34.94K | 22.53K |
| Total Liabilities£ | 495.92K | 643.41K | 665.96K | 1.26M |
| Employees | 6 | 8 | 7 | 7 |
SIMPLY-COMMUNICATE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SIMPLY-COMMUNICATE LIMITED filed financial statements?
Yes. Okredo holds filed figures for SIMPLY-COMMUNICATE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SIMPLY-COMMUNICATE LIMITED report in 2024?
SIMPLY-COMMUNICATE LIMITED reported net assets of £-278.52K for 2024. That compares with £69.82K in 2023, a change of -498.92%.
What total assets did SIMPLY-COMMUNICATE LIMITED report in 2024?
SIMPLY-COMMUNICATE LIMITED reported total assets of £985.68K for 2024. That compares with £735.78K in 2023, a change of 33.96%.
What cash in bank did SIMPLY-COMMUNICATE LIMITED report in 2024?
SIMPLY-COMMUNICATE LIMITED reported cash in bank of £22.53K for 2024. That compares with £34.94K in 2023, a change of -35.53%.
How many people does SIMPLY-COMMUNICATE LIMITED employ?
SIMPLY-COMMUNICATE LIMITED reported 7 employees in 2024, compared with 7 in 2023.
How have SIMPLY-COMMUNICATE LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SIMPLY-COMMUNICATE LIMITED's net assets fell by 1007%, total assets rose by 46.2%, total liabilities rose by 96.5% and employee numbers fell by 12.5%. Total assets compounded at 20.9% a year across the two years to 2024, from £674.12K to £985.68K. Reported headcount went from 8 in 2022 to 7 in 2024 (-1).
Which years of SIMPLY-COMMUNICATE LIMITED 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.