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SIMS CONTRACT FURNITURE LTD Financials

Company number
08855518Copy
Copy
Registered office
Plash Farm House, Plash Drove, Wisbech St Mary, Cambridgeshire PE13 4SP
Incorporated
22/01/2014

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£109.76K2024
1.94%vs 2023

2023: £107.67K

Total Assets

£419.13K2024
19.33%vs 2023

2023: £351.24K

Cash in Bank

£53.92K2024
706.99%vs 2023

2023: £6.68K

Total Liabilities

£252.79K2024
24.30%vs 2023

2023: £203.37K

Employees

72024
-3vs 2023

2023: 10

In 2024, SIMS CONTRACT FURNITURE LTD reported net assets of £109.76K. The same filing shows total assets of £419.13K, cash in bank of £53.92K and total liabilities of £252.79K. Reported headcount was 7 in 2024. Total Assets rose from £351.24K in 2023 to £419.13K in 2024 (19.33%). 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

£109.76K2024
1.94%from £107.67K in 2023

Year-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 SIMS CONTRACT FURNITURE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£84.47K2022£109.76K2024
+29.9%vs 2022

+14% a year compound (CAGR)

Cash in Bank

£189.89K2022£53.92K2024
-71.6%vs 2022

-46.7% a year compound (CAGR)

Total Assets

£321.04K2022£419.13K2024
+30.6%vs 2022

+14.3% a year compound (CAGR)

Total Liabilities

£202.39K2022£252.79K2024
+24.9%vs 2022

+11.8% a year compound (CAGR)

Employees

9202272024
-22.2%vs 2022-2

Biggest increase

Total Assets+30.6%

£321.04K in 2022 to £419.13K in 2024

Biggest decrease

Cash in Bank-71.6%

£189.89K in 2022 to £53.92K in 2024

SIMS CONTRACT FURNITURE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 SIMS CONTRACT FURNITURE 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
26.19%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
60.31%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
21.33%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
12.86%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 SIMS CONTRACT FURNITURE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£63.27K84.47K107.67K109.76K
Total Assets£257.30K321.04K351.24K419.13K
Cash in Bank£114.43K189.89K6.68K53.92K
Total Liabilities£156.09K202.39K203.37K252.79K
Employees79107

SIMS CONTRACT FURNITURE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SIMS CONTRACT FURNITURE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

SIMS CONTRACT FURNITURE LTD reported net assets of £109.76K for 2024. That compares with £107.67K in 2023, a change of 1.94%.

SIMS CONTRACT FURNITURE LTD reported total assets of £419.13K for 2024. That compares with £351.24K in 2023, a change of 19.33%.

SIMS CONTRACT FURNITURE LTD reported cash in bank of £53.92K for 2024. That compares with £6.68K in 2023, a change of 706.99%.

SIMS CONTRACT FURNITURE LTD reported 7 employees in 2024, compared with 10 in 2023.

Between 2022 and 2024, SIMS CONTRACT FURNITURE LTD's net assets rose by 29.9%, cash in bank fell by 71.6%, total assets rose by 30.6% and total liabilities rose by 24.9%. Net assets compounded at 14% a year across the two years to 2024, from £84.47K to £109.76K. Reported headcount went from 9 in 2022 to 7 in 2024 (-2).

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.