# USEFUL SIMPLE GROUP LIMITED (03831898)

> USEFUL SIMPLE GROUP LIMITED is an active private limited company (company number 03831898) incorporated on 26 August 1999, registered in London. Its registered activity is other engineering activities (SIC 71129). Latest full accounts cover the period ending 31 March 2025, showing net assets of £2.47m and cash of £2.14m, with 5 employees on average. Turnover was £12.48m and profit for the year £288k. Net assets rose 13% on the prior period (£2.19m).

- Status: Active
- Incorporated: 1999-08-26
- Registered office: London, EC4Y 0HP
- SIC 71129: Other engineering activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-09-09
- Accounts type: FULL

By net assets it sits in the top quarter of 1,655 comparable companies in London (median £4,206, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £2.47m | £2.14m | — | £2.87m | £12.48m | £288k | 5 |
| 2024-03-31 | £2.19m | £808k | — | £2.36m | £10.53m | £548k | 5 |
| 2023-04-01 | — | — | — | — | — | — | — |

current ratio 1.84; net margin 2.3%; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £2,473,816 at 31 March 2025
- Net assets up 10% or more on the prior period: +13.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.84
- Cash at bank of £50,000 or more: Cash £2,142,441
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 26 August 1999

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Useful Simple Limited (corporate-entity) — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03831898
HTML: https://firmoscan.com/company/03831898-useful-simple-group-limited