SIMRAN HOPE LTD Financials
- Company number
- 10841229Copy
Copy - Registered office
- Subway Narborough, 110-112 Narborough Road, Leicester LE3 0BS
- Incorporated
- 29/06/2017
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
47.71%vs 20222022: £10.15K
Total Assets
-24.98%vs 20222022: £110.73K
Cash in Bank
-62.21%vs 20222022: £53.48K
Total Liabilities
-32.58%vs 20222022: £98.53K
Employees
+1vs 20222022: 5
In 2023, SIMRAN HOPE LTD reported net assets of £15.00K. The same filing shows total assets of £83.07K, cash in bank of £20.21K and total liabilities of £66.43K. Reported headcount was 6 in 2023. Cash in Bank fell from £53.48K in 2022 to £20.21K in 2023 (-62.21%). Okredo holds filed figures for 2021–2023; 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
47.71%from £10.15K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SIMRAN HOPE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-39.7%vs 2021-22.3% a year compound (CAGR)
Cash in Bank
-78.5%vs 2021-53.7% a year compound (CAGR)
Total Assets
-48.9%vs 2021-28.5% a year compound (CAGR)
Total Liabilities
-51%vs 2021-30% a year compound (CAGR)
Employees
+20%vs 2021+1Biggest increase
Employees+20%
5 in 2021 to 6 in 2023
Biggest decrease
Cash in Bank-78.5%
£94.15K in 2021 to £20.21K in 2023
SIMRAN HOPE LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SIMRAN HOPE 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
- 18.06%2023
- Liabilities to total assets
- 79.97%2023
- Cash to liabilities
- 30.42%2023
- Cash to total assets
- 24.33%2023
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 SIMRAN HOPE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 24.86K | 10.15K | 15.00K |
| Total Assets£ | 162.61K | 110.73K | 83.07K |
| Cash in Bank£ | 94.15K | 53.48K | 20.21K |
| Total Liabilities£ | 135.55K | 98.53K | 66.43K |
| Employees | 5 | 5 | 6 |
SIMRAN HOPE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has SIMRAN HOPE LTD filed financial statements?
Yes. Okredo holds filed figures for SIMRAN HOPE LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did SIMRAN HOPE LTD report in 2023?
SIMRAN HOPE LTD reported net assets of £15.00K for 2023. That compares with £10.15K in 2022, a change of 47.71%.
What total assets did SIMRAN HOPE LTD report in 2023?
SIMRAN HOPE LTD reported total assets of £83.07K for 2023. That compares with £110.73K in 2022, a change of -24.98%.
What cash in bank did SIMRAN HOPE LTD report in 2023?
SIMRAN HOPE LTD reported cash in bank of £20.21K for 2023. That compares with £53.48K in 2022, a change of -62.21%.
How many people does SIMRAN HOPE LTD employ?
SIMRAN HOPE LTD reported 6 employees in 2023, compared with 5 in 2022.
How have SIMRAN HOPE LTD financials changed over the last 3 years?
Between 2021 and 2023, SIMRAN HOPE LTD's net assets fell by 39.7%, cash in bank fell by 78.5%, total assets fell by 48.9% and total liabilities fell by 51%. Net assets contracted at 22.3% a year across the two years to 2023, from £24.86K to £15.00K. Reported headcount went from 5 in 2021 to 6 in 2023 (+1).
Which years of SIMRAN HOPE LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.