SIMPLY EDUCATION LIMITED Financials
- Company number
- 05532608CopyCopy
- Registered office
- 66 Paul Street, London EC2A 4NA
- Incorporated
- 10/08/2005
Company snapshot
- Status
- Active
- Employees
- 56 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-61.25%vs 20232023: £2.02M
Total Assets
-5.33%vs 20232023: £4.87M
Cash in Bank
-37.99%vs 20232023: £27.51K
Total Liabilities
33.97%vs 20232023: £2.84M
Employees
+10vs 20232023: 46
In 2024, SIMPLY EDUCATION LIMITED reported net assets of £782.47K. The same filing shows total assets of £4.62M, cash in bank of £17.06K and total liabilities of £3.81M. Reported headcount was 56 in 2024. Net Assets fell from £2.02M in 2023 to £782.47K in 2024 (-61.25%). 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
-61.25%from £2.02M 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 EDUCATION LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-9.4%vs 2022-4.8% a year compound (CAGR)
Cash in Bank
-8.8%vs 2022-4.5% a year compound (CAGR)
Total Assets
-4.1%vs 2022-2.1% a year compound (CAGR)
Total Liabilities
-3.1%vs 2022-1.6% a year compound (CAGR)
Employees
+36.6%vs 2022+15Biggest increase
Employees+36.6%
41 in 2022 to 56 in 2024
Biggest decrease
Net Assets-9.4%
£863.49K in 2022 to £782.47K in 2024
SIMPLY EDUCATION 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 SIMPLY EDUCATION 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
- 16.95%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
- 82.48%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
- 0.45%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
- 0.37%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £260.10K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SIMPLY EDUCATION 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£ | 604.80K | 863.49K | 2.02M | 782.47K |
| Total Assets£ | 3.08M | 4.81M | 4.87M | 4.62M |
| Cash in Bank£ | 85.41K | 18.70K | 27.51K | 17.06K |
| Total Liabilities£ | 2.47M | 3.93M | 2.84M | 3.81M |
| Employees | 41 | 41 | 46 | 56 |
SIMPLY EDUCATION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIMPLY EDUCATION LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SIMPLY EDUCATION LIMITED reported net assets of £782.47K for 2024. That compares with £2.02M in 2023, a change of -61.25%.
SIMPLY EDUCATION LIMITED reported total assets of £4.62M for 2024. That compares with £4.87M in 2023, a change of -5.33%.
SIMPLY EDUCATION LIMITED reported cash in bank of £17.06K for 2024. That compares with £27.51K in 2023, a change of -37.99%.
SIMPLY EDUCATION LIMITED reported 56 employees in 2024, compared with 46 in 2023.
Between 2022 and 2024, SIMPLY EDUCATION LIMITED's net assets fell by 9.4%, cash in bank fell by 8.8%, total assets fell by 4.1% and total liabilities fell by 3.1%. Net assets contracted at 4.8% a year across the two years to 2024, from £863.49K to £782.47K. Reported headcount went from 41 in 2022 to 56 in 2024 (+15).
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.