simply solutions (europe) limited Company Information
Company Number
03633513
Website
www.simplyeu.co.ukRegistered Address
rwk goodman llp 69 carter lane, london, EC4V 5EQ
Industry
Combined facilities support activities
Telephone
08452001999
Next Accounts Due
February 2025
Group Structure
View All
Directors
Kerr Wilson12 Years
Shareholders
infinity group (scotland) ltd 100%
simply solutions (europe) limited Estimated Valuation
The estimated valuation range for simply solutions (europe) limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £1m to £3.4m
simply solutions (europe) limited Estimated Valuation
The estimated valuation range for simply solutions (europe) limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £1m to £3.4m
simply solutions (europe) limited Estimated Valuation
The estimated valuation range for simply solutions (europe) limited, derived from financial data as of May 2023 and the most recent industry multiples, is between £1m to £3.4m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Simply Solutions (europe) Limited AI Business Plan
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Simply Solutions (europe) Limited Overview
Simply Solutions (europe) Limited is a live company located in london, EC4V 5EQ with a Companies House number of 03633513. It operates in the combined facilities support activities sector, SIC Code 81100. Founded in September 1998, it's largest shareholder is infinity group (scotland) ltd with a 100% stake. Simply Solutions (europe) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.5m with healthy growth in recent years.
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Simply Solutions (europe) Limited Health Check
Pomanda's financial health check has awarded Simply Solutions (Europe) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £7.5m, make it in line with the average company (£9.2m)
- Simply Solutions (europe) Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5%)
- Simply Solutions (europe) Limited
5% - Industry AVG
Production
with a gross margin of 18.5%, this company has a comparable cost of product (18.5%)
- Simply Solutions (europe) Limited
18.5% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (3.8%)
- Simply Solutions (europe) Limited
3.8% - Industry AVG
Employees
with 19 employees, this is below the industry average (180)
19 - Simply Solutions (europe) Limited
180 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Simply Solutions (europe) Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £392.6k, this is more efficient (£83.4k)
- Simply Solutions (europe) Limited
£83.4k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (38 days)
- Simply Solutions (europe) Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (21 days)
- Simply Solutions (europe) Limited
21 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (3 days)
- Simply Solutions (europe) Limited
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (23 weeks)
5 weeks - Simply Solutions (europe) Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.8%, this is a higher level of debt than the average (72.6%)
82.8% - Simply Solutions (europe) Limited
72.6% - Industry AVG
simply solutions (europe) limited Credit Report and Business Information
Simply Solutions (europe) Limited Competitor Analysis
Perform a competitor analysis for simply solutions (europe) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
simply solutions (europe) limited Ownership
SIMPLY SOLUTIONS (EUROPE) LIMITED group structure
Simply Solutions (Europe) Limited has no subsidiary companies.
Ultimate parent company
1 parent
SIMPLY SOLUTIONS (EUROPE) LIMITED
03633513
simply solutions (europe) limited directors
Simply Solutions (Europe) Limited currently has 1 director, Mr Kerr Wilson serving since Aug 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kerr Wilson | England | 46 years | Aug 2011 | - | Director |
SIMPLY SOLUTIONS (EUROPE) LIMITED financials
Simply Solutions (Europe) Limited's latest turnover from May 2023 is estimated at £7.5 million and the company has net assets of £507.2 thousand. According to their latest financial statements, Simply Solutions (Europe) Limited has 19 employees and maintains cash reserves of £236.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | Nov 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 19 | 16 | 19 | 23 | 21 | 19 | 17 | 15 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | Nov 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 232,688 | 105,192 | 153,661 | 180,226 | 208,253 | 193,465 | 179,069 | 211,715 | 206,999 | 23,626 | 22,740 | 18,759 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 232,688 | 105,192 | 153,661 | 180,226 | 208,253 | 193,465 | 179,069 | 211,715 | 206,999 | 23,626 | 22,740 | 18,759 | 0 | 0 |
Stock & work in progress | 9,827 | 5,327 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,866 | 0 | 0 |
Trade Debtors | 1,005,714 | 949,265 | 476,793 | 660,958 | 796,045 | 1,060,013 | 1,023,535 | 699,392 | 1,133,478 | 710,625 | 948,753 | 203,377 | 5,000 | 5,000 |
Group Debtors | 0 | 0 | 291,327 | 335,322 | 441,061 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,457,463 | 1,074,009 | 434,748 | 345,611 | 402,793 | 514,893 | 1,006,458 | 789,539 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 236,411 | 204,879 | 425,436 | 230,248 | 416,780 | 294,201 | 261,741 | 328,614 | 547,666 | 274,081 | 255,851 | 12,169 | 148 | 167 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,709,415 | 2,233,480 | 1,628,304 | 1,572,139 | 2,056,679 | 1,869,107 | 2,291,734 | 1,817,545 | 1,681,144 | 984,706 | 1,204,604 | 221,412 | 5,148 | 5,167 |
total assets | 2,942,103 | 2,338,672 | 1,781,965 | 1,752,365 | 2,264,932 | 2,062,572 | 2,470,803 | 2,029,260 | 1,888,143 | 1,008,332 | 1,227,344 | 240,171 | 5,148 | 5,167 |
Bank overdraft | 0 | 0 | 235,932 | 214,554 | 314,714 | 285,638 | 421,443 | 269,477 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 647,563 | 538,830 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 763,945 | 716,057 | 738,208 | 896,366 | 1,011,035 | 961,504 | 1,263,462 | 1,062,786 | 1,804,573 | 1,006,846 | 1,222,145 | 238,626 | 0 | 23 |
Group/Directors Accounts | 119,585 | 10,997 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 23,977 | 0 | 12,397 | 11,995 | 11,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 630,663 | 507,101 | 264,369 | 409,976 | 690,492 | 622,732 | 621,492 | 546,812 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 2,185,733 | 1,772,985 | 1,250,906 | 1,532,891 | 2,028,074 | 1,869,874 | 2,306,397 | 1,879,075 | 1,804,573 | 1,006,846 | 1,222,145 | 238,626 | 0 | 23 |
loans | 100,378 | 150,378 | 245,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 94,538 | 0 | 0 | 8,271 | 19,722 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 54,293 | 24,546 | 22,955 | 23,895 | 28,553 | 29,893 | 27,979 | 39,104 | 35,472 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 249,209 | 174,924 | 268,788 | 32,166 | 48,275 | 29,893 | 27,979 | 39,104 | 35,472 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 2,434,942 | 1,947,909 | 1,519,694 | 1,565,057 | 2,076,349 | 1,899,767 | 2,334,376 | 1,918,179 | 1,840,045 | 1,006,846 | 1,222,145 | 238,626 | 0 | 23 |
net assets | 507,161 | 390,763 | 262,271 | 187,308 | 188,583 | 162,805 | 136,427 | 111,081 | 48,098 | 1,486 | 5,199 | 1,545 | 5,148 | 5,144 |
total shareholders funds | 507,161 | 390,763 | 262,271 | 187,308 | 188,583 | 162,805 | 136,427 | 111,081 | 48,098 | 1,486 | 5,199 | 1,545 | 5,148 | 5,144 |
May 2023 | May 2022 | Nov 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 45,603 | 63,798 | 40,266 | 47,326 | 43,177 | 34,777 | 39,358 | 47,121 | 32,801 | 15,166 | 14,410 | 2,362 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 4,500 | 5,327 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,866 | 5,866 | 0 | 0 |
Debtors | 439,903 | 2,023,274 | -139,023 | -298,008 | 64,993 | -455,087 | 541,062 | 355,453 | 422,853 | -238,128 | 745,376 | 198,377 | 0 | 5,000 |
Creditors | 47,888 | 716,057 | -158,158 | -114,669 | 49,531 | -301,958 | 200,676 | -741,787 | 797,727 | -215,299 | 983,519 | 238,626 | -23 | 23 |
Accruals and Deferred Income | 123,562 | 507,101 | -145,607 | -280,516 | 67,760 | 1,240 | 74,680 | 546,812 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 29,747 | 24,546 | -940 | -4,658 | -1,340 | 1,914 | -11,125 | 3,632 | 35,472 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 108,733 | 538,830 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 108,588 | 10,997 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -50,000 | 150,378 | 245,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 118,515 | 0 | -7,869 | -11,289 | 31,555 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 31,532 | 204,879 | 195,188 | -186,532 | 122,579 | 32,460 | -66,873 | -219,052 | 273,585 | 18,230 | 243,682 | 12,021 | -19 | 167 |
overdraft | 0 | 0 | 21,378 | -100,160 | 29,076 | -135,805 | 151,966 | 269,477 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 31,532 | 204,879 | 173,810 | -86,372 | 93,503 | 168,265 | -218,839 | -488,529 | 273,585 | 18,230 | 243,682 | 12,021 | -19 | 167 |
P&L
May 2023turnover
7.5m
+15%
operating profit
220.7k
0%
gross margin
18.6%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
507.2k
+0.3%
total assets
2.9m
+0.26%
cash
236.4k
+0.15%
net assets
Total assets minus all liabilities
simply solutions (europe) limited company details
company number
03633513
Type
Private limited with Share Capital
industry
81100 - Combined facilities support activities
incorporation date
September 1998
age
26
accounts
Total Exemption Full
ultimate parent company
previous names
retail property maintenance limited (July 2011)
incorporated
UK
address
rwk goodman llp 69 carter lane, london, EC4V 5EQ
last accounts submitted
May 2023
simply solutions (europe) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to simply solutions (europe) limited.
simply solutions (europe) limited Companies House Filings - See Documents
date | description | view/download |
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