−£325
−253%vs Feb 2024Active12483071Private limited companySheffield
SIMPLIFINANCE LTD
E27/10001
Summary
SIMPLIFINANCE LTD is an active private limited company (company number 12483071) incorporated on 25 February 2020, registered in Sheffield. Its registered activity is financial intermediation not elsewhere classified (SIC 64999). Latest micro accounts cover the period ending 28 February 2025, showing net assets of −£325, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 253% on the prior period (£212).
Peer position · net assets
By net assets it sits in the bottom quarter of 378 comparable companies in Sheffield (median £6,367, upper quartile £46k).
02
Key dates
- Incorporated
- 25 February 20206 yrs ago
- Next accounts due
- 28 November 2026in 37 days
- Confirmation statement due
- 11 March 2027in 140 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 64999
- Financial intermediation not elsewhere classified
- SIC 70221
- Financial management
- SIC 70229
- Management consultancy activities other than financial management
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
1
No changevs Feb 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | −£325 | — | — | £905 | — | — | 1 |
| 29 February 2024 | £212 | — | — | £3,309 | — | — | 1 |
Current ratio0.33Current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Firmoscan score
27 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-325 at 2025-02-28 |
| −8 | Net assets falling-253.3% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.33 |
| +8 | EstablishedIncorporated 2020-02-25 (7 years) |
| 27 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Thomas Stephen Baverstock
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 140 days
- Next accounts duein 37 days
- Accounts period endNet liabilities £325 · micro accounts
- Accounts period endNet assets £212 · micro accounts
- Incorporated
08
Similar companies in Sheffield
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- MARTYN GREGORY WEALTH MANAGEMENT LTDSheffield · inc. Mar 2020
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All companies incorporated on 25 February 2020 · in Feb 2020.
09
Reminders for SIMPLIFINANCE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.