simply solids ltd
simply solids ltd Company Information
Company Number
10231712
Next Accounts
Mar 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Retail sale of textiles in specialised stores
Registered Address
c/o kay johnson gee corporate re, 1 city road east, manchester, M15 4PN
Website
-simply solids ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY SOLIDS LTD at £163.4k based on a Turnover of £279.9k and 0.58x industry multiple (adjusted for size and gross margin).
simply solids ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY SOLIDS LTD at £0 based on an EBITDA of £-19.7k and a 3.56x industry multiple (adjusted for size and gross margin).
simply solids ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY SOLIDS LTD at £0 based on Net Assets of £-19.7k and 2.54x industry multiple (adjusted for liquidity).
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Simply Solids Ltd Overview
Simply Solids Ltd is a dissolved company that was located in manchester, M15 4PN with a Companies House number of 10231712. It operated in the retail sale of textiles in specialised stores sector, SIC Code 47510. Founded in June 2016, it's largest shareholder was undisclosed with a 100% stake. The last turnover for Simply Solids Ltd was estimated at £279.9k.
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Simply Solids Ltd Health Check
Pomanda's financial health check has awarded Simply Solids Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £279.9k, make it smaller than the average company (£775.6k)
- Simply Solids Ltd
£775.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Simply Solids Ltd
- - Industry AVG
Production
with a gross margin of 31.7%, this company has a higher cost of product (44.8%)
- Simply Solids Ltd
44.8% - Industry AVG
Profitability
an operating margin of -7% make it less profitable than the average company (6.3%)
- Simply Solids Ltd
6.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (32)
4 - Simply Solids Ltd
32 - Industry AVG
Pay Structure
on an average salary of £20.4k, the company has an equivalent pay structure (£20.4k)
- Simply Solids Ltd
£20.4k - Industry AVG
Efficiency
resulting in sales per employee of £70k, this is less efficient (£93.2k)
- Simply Solids Ltd
£93.2k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (22 days)
- Simply Solids Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 145 days, this is slower than average (46 days)
- Simply Solids Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simply Solids Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Simply Solids Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 134.7%, this is a higher level of debt than the average (61.8%)
134.7% - Simply Solids Ltd
61.8% - Industry AVG
SIMPLY SOLIDS LTD financials
Simply Solids Ltd's latest turnover from August 2017 is estimated at £279.9 thousand and the company has net assets of -£19.7 thousand. According to their latest financial statements, Simply Solids Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2017 | |
|---|---|
| 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 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2017 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | |
| Stock & work in progress | |
| Trade Debtors | 56,736 |
| Group Debtors | |
| Misc Debtors | |
| Cash | |
| misc current assets | |
| total current assets | 56,736 |
| total assets | 56,736 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 76,423 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | |
| total current liabilities | 76,423 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 76,423 |
| net assets | -19,687 |
| total shareholders funds | -19,687 |
| Aug 2017 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 56,736 |
| Creditors | 76,423 |
| Accruals and Deferred Income | |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | |
| Other Short Term Loans | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
simply solids ltd Credit Report and Business Information
Simply Solids Ltd Competitor Analysis
Perform a competitor analysis for simply solids ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in M15 area or any other competitors across 12 key performance metrics.
simply solids ltd Ownership
SIMPLY SOLIDS LTD group structure
Simply Solids Ltd has no subsidiary companies.
Ultimate parent company
SIMPLY SOLIDS LTD
10231712
simply solids ltd directors
Simply Solids Ltd currently has 2 directors. The longest serving directors include Mrs Lisa Naylor (Jun 2016) and Mrs Justine Henshaw (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Lisa Naylor | United Kingdom | 47 years | Jun 2016 | - | Director |
| Mrs Justine Henshaw | United Kingdom | 48 years | Jun 2016 | - | Director |
P&L
August 2017turnover
279.9k
0%
operating profit
-19.7k
0%
gross margin
31.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2017net assets
-19.7k
0%
total assets
56.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
simply solids ltd company details
company number
10231712
Type
Private limited with Share Capital
industry
47510 - Retail sale of textiles in specialised stores
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2017
previous names
N/A
accountant
-
auditor
-
address
c/o kay johnson gee corporate re, 1 city road east, manchester, M15 4PN
Bank
-
Legal Advisor
-
simply solids ltd 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 solids ltd.
simply solids ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for SIMPLY SOLIDS LTD. This can take several minutes, an email will notify you when this has completed.
simply solids ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
