SIMS ENGINEERING LIMITED Financials
- Company number
- 03839141CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Rae House, Dane Street, Bishops Stortford, Hertfordshire CM23 3BT
- Incorporated
- 10/09/1999
Company snapshot
- Status
- Active
- Employees
- 22 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
50.48%vs 20242024: £2.17M
Total Assets
36.80%vs 20242024: £3.79M
Cash in Bank
-0.37%vs 20242024: £66.31K
Total Liabilities
18.53%vs 20242024: £1.62M
Employees
-1vs 20242024: 23
In 2025, SIMS ENGINEERING LIMITED reported net assets of £3.26M. The same filing shows total assets of £5.18M, cash in bank of £66.06K and total liabilities of £1.92M. Reported headcount was 22 in 2025. Total Assets rose from £3.79M in 2024 to £5.18M in 2025 (36.80%). 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
50.48%from £2.17M in 2024Year-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 SIMS ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+116%vs 2023+47.1% a year compound (CAGR)
Cash in Bank
+266%vs 2023+91.2% a year compound (CAGR)
Total Assets
+74%vs 2023+31.9% a year compound (CAGR)
Total Liabilities
+30.5%vs 2023+14.3% a year compound (CAGR)
Employees
-8.3%vs 2023-2Biggest increase
Cash in Bank+266%
£18.07K in 2023 to £66.06K in 2025
Biggest decrease
Employees-8.3%
24 in 2023 to 22 in 2025
SIMS ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SIMS ENGINEERING 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
- 62.89%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
- 37.11%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
- 3.43%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
- 1.27%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 SIMS ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 2.47M | 1.08M | 1.51M | 2.17M | 3.26M |
| Total Assets£ | 3.98M | 2.21M | 2.98M | 3.79M | 5.18M |
| Cash in Bank£ | 252.45K | 49.83K | 18.07K | 66.31K | 66.06K |
| Total Liabilities£ | 1.51M | 1.13M | 1.47M | 1.62M | 1.92M |
| Employees | 26 | 23 | 24 | 23 | 22 |
SIMS ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SIMS ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SIMS ENGINEERING LIMITED reported net assets of £3.26M for 2025. That compares with £2.17M in 2024, a change of 50.48%.
SIMS ENGINEERING LIMITED reported total assets of £5.18M for 2025. That compares with £3.79M in 2024, a change of 36.80%.
SIMS ENGINEERING LIMITED reported cash in bank of £66.06K for 2025. That compares with £66.31K in 2024, a change of -0.37%.
SIMS ENGINEERING LIMITED reported 22 employees in 2025, compared with 23 in 2024.
Between 2023 and 2025, SIMS ENGINEERING LIMITED's net assets rose by 116%, cash in bank rose by 266%, total assets rose by 74% and total liabilities rose by 30.5%. Net assets compounded at 47.1% a year across the two years to 2025, from £1.51M to £3.26M. Reported headcount went from 24 in 2023 to 22 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.