simpl up ltd

Dissolved 

simpl up ltd Company Information

Share SIMPL UP LTD

Company Number

10492009

Directors

Elena Moseng

Shareholders

irbiz ltd

ekkje invest as

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Group Structure

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Industry

Business and domestic software development

 

Registered Address

69 elm quay court, 30 nine elms lane, london, SW8 5DF

simpl up ltd Estimated Valuation

£69.3k

Pomanda estimates the enterprise value of SIMPL UP LTD at £69.3k based on a Turnover of £102.7k and 0.67x industry multiple (adjusted for size and gross margin).

simpl up ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SIMPL UP LTD at £0 based on an EBITDA of £-349 and a 4.17x industry multiple (adjusted for size and gross margin).

simpl up ltd Estimated Valuation

£84.4k

Pomanda estimates the enterprise value of SIMPL UP LTD at £84.4k based on Net Assets of £35.7k and 2.37x industry multiple (adjusted for liquidity).

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Simpl Up Ltd Overview

Simpl Up Ltd is a dissolved company that was located in london, SW8 5DF with a Companies House number of 10492009. It operated in the business and domestic software development sector, SIC Code 62012. Founded in November 2016, it's largest shareholder was irbiz ltd with a 81% stake. The last turnover for Simpl Up Ltd was estimated at £102.7k.

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Simpl Up Ltd Health Check

Pomanda's financial health check has awarded Simpl Up Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £102.7k, make it smaller than the average company (£2.8m)

£102.7k - Simpl Up Ltd

£2.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 193%, show it is growing at a faster rate (7.7%)

193% - Simpl Up Ltd

7.7% - Industry AVG

production

Production

with a gross margin of 41.4%, this company has a higher cost of product (72.4%)

41.4% - Simpl Up Ltd

72.4% - Industry AVG

profitability

Profitability

an operating margin of -0.3% make it less profitable than the average company (4.2%)

-0.3% - Simpl Up Ltd

4.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (33)

1 - Simpl Up Ltd

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.3k, the company has an equivalent pay structure (£60.3k)

£60.3k - Simpl Up Ltd

£60.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £102.7k, this is equally as efficient (£104.6k)

£102.7k - Simpl Up Ltd

£104.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 127 days, this is later than average (63 days)

127 days - Simpl Up Ltd

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (43 days)

0 days - Simpl Up Ltd

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Simpl Up Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Simpl Up Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (65%)

0.3% - Simpl Up Ltd

65% - Industry AVG

SIMPL UP LTD financials

EXPORTms excel logo

Simpl Up Ltd's latest turnover from December 2020 is estimated at £102.7 thousand and the company has net assets of £35.7 thousand. According to their latest financial statements, we estimate that Simpl Up Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2020Dec 2019Dec 2018Dec 2017
Turnover102,736120,733125,9554,064
Other Income Or Grants
Cost Of Sales60,19871,54175,3652,415
Gross Profit42,53749,19250,5901,650
Admin Expenses42,88650,729-21,96623,345
Operating Profit-349-1,53772,556-21,695
Interest Payable
Interest Receivable316210
Pre-Tax Profit-349-1,53772,872-21,485
Tax-13,846
Profit After Tax-349-1,53759,026-21,485
Dividends Paid
Retained Profit-349-1,53759,026-21,485
Employee Costs60,25161,83061,50259,221
Number Of Employees1111
EBITDA*-349-1,53772,556-21,695

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets2,195
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,195
Stock & work in progress
Trade Debtors35,77436,00437,541
Group Debtors
Misc Debtors
Cash84,176
misc current assets
total current assets35,77436,00437,54184,176
total assets35,77436,00437,54186,371
Bank overdraft
Bank loan
Trade Creditors 1194,856
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1194,856
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1194,856
net assets35,65536,00437,54181,515
total shareholders funds35,65536,00437,54181,515
Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit-349-1,53772,556-21,695
Depreciation
Amortisation
Tax-13,846
Stock
Debtors-230-1,53737,541
Creditors119-4,8564,856
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations16,313-16,839
Investing Activities
capital expenditure2,195-2,195
Change in Investments
cash flow from investments2,195-2,195
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-103,000103,000
interest316210
cash flow from financing-102,684103,210
cash and cash equivalents
cash-84,17684,176
overdraft
change in cash-84,17684,176

simpl up ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Simpl Up Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for simpl up ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in SW8 area or any other competitors across 12 key performance metrics.

simpl up ltd Ownership

SIMPL UP LTD group structure

Simpl Up Ltd has no subsidiary companies.

Ultimate parent company

1 parent

SIMPL UP LTD

10492009

SIMPL UP LTD Shareholders

irbiz ltd 81%
ekkje invest as 10%
guy hipwell 9%

simpl up ltd directors

Simpl Up Ltd currently has 1 director, Mrs Elena Moseng serving since Nov 2016.

officercountryagestartendrole
Mrs Elena MosengEngland42 years Nov 2016- Director

P&L

December 2020

turnover

102.7k

-15%

operating profit

-349

0%

gross margin

41.5%

+1.62%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2020

net assets

35.7k

-0.01%

total assets

35.8k

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

simpl up ltd company details

company number

10492009

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

November 2016

age

9

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

December 2020

previous names

N/A

accountant

-

auditor

-

address

69 elm quay court, 30 nine elms lane, london, SW8 5DF

Bank

-

Legal Advisor

-

simpl up 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 simpl up ltd.

simpl up 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.

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simpl up ltd Companies House Filings - See Documents

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