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SIMPLY PLASTICS LIMITED Financials

Company number
08372434Copy
Copy
Registered office
Unit L Radford Business Centre, Radford Way, Billericay, Essex CM12 0BZ
Incorporated
23/01/2013

Company snapshot

Status
Active
Employees
13 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£3.54K2025
-88.27%vs 2024

2024: £30.18K

Total Assets

£628.02K2025
-17.89%vs 2024

2024: £764.89K

Cash in Bank

£305.68K2025
-24.25%vs 2024

2024: £403.52K

Total Liabilities

£613.03K2025
-10.92%vs 2024

2024: £688.17K

Employees

132025
+1vs 2024

2024: 12

In 2025, SIMPLY PLASTICS LIMITED reported net assets of £3.54K. The same filing shows total assets of £628.02K, cash in bank of £305.68K and total liabilities of £613.03K. Reported headcount was 13 in 2025. Total Assets fell from £764.89K in 2024 to £628.02K in 2025 (-17.89%). Okredo holds filed figures for 2021–2025; 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

£3.54K2025
-88.27%from £30.18K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures SIMPLY PLASTICS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£7.69K2023£3.54K2025
-54%vs 2023

-32.2% a year compound (CAGR)

Cash in Bank

£396.95K2023£305.68K2025
-23%vs 2023

-12.2% a year compound (CAGR)

Total Assets

£802.99K2023£628.02K2025
-21.8%vs 2023

-11.6% a year compound (CAGR)

Total Liabilities

£705.48K2023£613.03K2025
-13.1%vs 2023

-6.8% a year compound (CAGR)

Employees

112023132025
+18.2%vs 2023+2

Biggest increase

Employees+18.2%

11 in 2023 to 13 in 2025

Biggest decrease

Net Assets-54%

£7.69K in 2023 to £3.54K in 2025

SIMPLY PLASTICS LIMITED's filings pull in both directions between 2023 and 2025. 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 PLASTICS 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
0.56%2025
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
97.61%2025
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
49.86%2025
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
48.67%2025
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 PLASTICS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£417.20K57.86K7.69K30.18K3.54K
Total Assets£1.16M946.31K802.99K764.89K628.02K
Cash in Bank£864.60K503.08K396.95K403.52K305.68K
Total Liabilities£739.32K737.34K705.48K688.17K613.03K
Employees1614111213

SIMPLY PLASTICS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SIMPLY PLASTICS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SIMPLY PLASTICS LIMITED reported net assets of £3.54K for 2025. That compares with £30.18K in 2024, a change of -88.27%.

SIMPLY PLASTICS LIMITED reported total assets of £628.02K for 2025. That compares with £764.89K in 2024, a change of -17.89%.

SIMPLY PLASTICS LIMITED reported cash in bank of £305.68K for 2025. That compares with £403.52K in 2024, a change of -24.25%.

SIMPLY PLASTICS LIMITED reported 13 employees in 2025, compared with 12 in 2024.

Between 2023 and 2025, SIMPLY PLASTICS LIMITED's net assets fell by 54%, cash in bank fell by 23%, total assets fell by 21.8% and total liabilities fell by 13.1%. Net assets contracted at 32.2% a year across the two years to 2025, from £7.69K to £3.54K. Reported headcount went from 11 in 2023 to 13 in 2025 (+2).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.