# SIMPLE POWER FINCO LIMITED (11618140)

> SIMPLE POWER FINCO LIMITED is an active private limited company (company number 11618140) incorporated on 11 October 2018, registered in London. Its registered activity is activities of venture and development capital companies (SIC 64303). Latest full accounts cover the period ending 31 December 2024, showing net assets of −£16.10m and cash of £85k, with 0 employees on average. Net assets fell 11% on the prior period (−£14.55m).

- Status: Active
- Incorporated: 2018-10-11
- Registered office: London, EC2Y 5AU
- SIC 64303: Activities of venture and development capital companies
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-10-25
- Accounts type: FULL

By net assets it sits in the bottom quarter of 922 comparable companies in London (median £100, upper quartile £48k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£16.10m | £85k | £680k | £4.29m | — | −£1.55m | 0 |
| 2023-12-31 | −£14.55m | £66k | £640k | £4.44m | — | −£10.90m | — |
| 2022-12-31 | — | — | — | — | — | — | — |

current ratio 0.18; size band micro.

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

- Net assets below zero: Net assets £-16,103,899 at 31 December 2024
- Current assets below creditors within one year: Current ratio 0.18
- Cash at bank of £50,000 or more: Cash £85,197
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 11 October 2018
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Simple Power Holdco Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-10-11

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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/11618140
HTML: https://firmoscan.com/company/11618140-simple-power-finco-limited