SIMPLY LEARNING LIMITED Financials
- Company number
- 04561629CopyCopy
- Registered office
- Quay Corner Training Centre, Quay Corner Church Bank, Jarrow, Tyne & Wear NE32 3HH
- Incorporated
- 14/10/2002
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-108.77%vs 20232023: £204.01K
Total Assets
-54.60%vs 20232023: £481.41K
Cash in Bank
-48.56%vs 20232023: £196.34K
Total Liabilities
-13.97%vs 20232023: £271.70K
Employees
+1vs 20232023: 15
In 2024, SIMPLY LEARNING LIMITED reported net assets of £-17.89K. The same filing shows total assets of £218.57K, cash in bank of £101.00K and total liabilities of £233.73K. Reported headcount was 16 in 2024. Total Assets fell from £481.41K in 2023 to £218.57K in 2024 (-54.60%). 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
-108.77%from £204.01K 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 SIMPLY LEARNING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-106%vs 2022Cash in Bank
-58.4%vs 2022-35.5% a year compound (CAGR)
Total Assets
-59.9%vs 2022-36.7% a year compound (CAGR)
Total Liabilities
+4.7%vs 2022+2.3% a year compound (CAGR)
Employees
-11.1%vs 2022-2Biggest increase
Total Liabilities+4.7%
£223.34K in 2022 to £233.73K in 2024
Biggest decrease
Net Assets-106%
£311.91K in 2022 to £-17.89K in 2024
SIMPLY LEARNING 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 LEARNING 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
- -8.18%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
- 106.94%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
- 43.21%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
- 46.21%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 SIMPLY LEARNING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 311.91K | 204.01K | -17.89K |
| Total Assets£ | 544.84K | 481.41K | 218.57K |
| Cash in Bank£ | 242.83K | 196.34K | 101.00K |
| Total Liabilities£ | 223.34K | 271.70K | 233.73K |
| Employees | 18 | 15 | 16 |
SIMPLY LEARNING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIMPLY LEARNING LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
SIMPLY LEARNING LIMITED reported net assets of £-17.89K for 2024. That compares with £204.01K in 2023, a change of -108.77%.
SIMPLY LEARNING LIMITED reported total assets of £218.57K for 2024. That compares with £481.41K in 2023, a change of -54.60%.
SIMPLY LEARNING LIMITED reported cash in bank of £101.00K for 2024. That compares with £196.34K in 2023, a change of -48.56%.
SIMPLY LEARNING LIMITED reported 16 employees in 2024, compared with 15 in 2023.
Between 2022 and 2024, SIMPLY LEARNING LIMITED's net assets fell by 106%, cash in bank fell by 58.4%, total assets fell by 59.9% and total liabilities rose by 4.7%. Cash in bank contracted at 35.5% a year across the two years to 2024, from £242.83K to £101.00K. Reported headcount went from 18 in 2022 to 16 in 2024 (-2).
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.