SIMPLY SOURCING LTD Financials
- Company number
- 05937779CopyCopy
- Registered office
- 61 Station Road, Sudbury, Suffolk CO10 2SP
- Incorporated
- 18/09/2006
Company snapshot
- Status
- Active
- Employees
- 2 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
1.92%vs 20252025: £-28.93K
Total Assets
-55.57%vs 20252025: £2.01K
Cash in Bank
367.07%vs 20252025: £82.00
Total Liabilities
-5.40%vs 20252025: £30.94K
Employees
0vs 20252025: 2
In 2026, SIMPLY SOURCING LTD reported net assets of £-28.37K. The same filing shows total assets of £894.00, cash in bank of £383.00 and total liabilities of £29.27K. Reported headcount was 2 in 2026. Total Liabilities fell from £30.94K in 2025 to £29.27K in 2026 (-5.40%). Okredo holds filed figures for 2022–2026; 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
1.92%from £-28.93K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures SIMPLY SOURCING LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
Increasedvs 2024Cash in Bank
+75.7%vs 2024+32.5% a year compound (CAGR)
Total Assets
-20.4%vs 2024-10.8% a year compound (CAGR)
Total Liabilities
-10.5%vs 2024-5.4% a year compound (CAGR)
Employees
0%vs 2024Biggest increase
Cash in Bank+75.7%
£218.00 in 2024 to £383.00 in 2026
Biggest decrease
Total Assets-20.4%
£1.12K in 2024 to £894.00 in 2026
SIMPLY SOURCING LTD's filings pull in both directions between 2024 and 2026. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SIMPLY SOURCING LTD'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
- -3,173.60%2026
- 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
- 3,273.60%2026
- 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
- 1.31%2026
- 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
- 42.84%2026
- 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 SOURCING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | -36.80K | -34.28K | -31.57K | -28.93K | -28.37K |
| Total Assets£ | 1.57K | 1.16K | 1.12K | 2.01K | 894.00 |
| Cash in Bank£ | 65.00 | 68.00 | 218.00 | 82.00 | 383.00 |
| Total Liabilities£ | 38.37K | 35.44K | 32.70K | 30.94K | 29.27K |
| Employees | 3 | 3 | 2 | 2 | 2 |
SIMPLY SOURCING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIMPLY SOURCING LTD covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
SIMPLY SOURCING LTD reported net assets of £-28.37K for 2026. That compares with £-28.93K in 2025, a change of 1.92%.
SIMPLY SOURCING LTD reported total assets of £894.00 for 2026. That compares with £2.01K in 2025, a change of -55.57%.
SIMPLY SOURCING LTD reported cash in bank of £383.00 for 2026. That compares with £82.00 in 2025, a change of 367.07%.
SIMPLY SOURCING LTD reported 2 employees in 2026, compared with 2 in 2025.
Between 2024 and 2026, SIMPLY SOURCING LTD's cash in bank rose by 75.7%, total assets fell by 20.4%, total liabilities fell by 10.5% and employee numbers was unchanged. Cash in bank compounded at 32.5% a year across the two years to 2026, from £218.00 to £383.00. Reported headcount went from 2 in 2024 to 2 in 2026.
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.