simply-apps ltd
simply-apps ltd Company Information
Company Number
12560823
Next Accounts
Jan 2026
Shareholders
price holdings gwent ltd
robert price
Group Structure
View All
Industry
Ready-made interactive leisure and entertainment software development
Registered Address
49 coed celynen drive, coed celynen drive, abercarn, NP11 5AU
Website
simply-apps.co.uksimply-apps ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY-APPS LTD at £7.2k based on a Turnover of £15.9k and 0.45x industry multiple (adjusted for size and gross margin).
simply-apps ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY-APPS LTD at £0 based on an EBITDA of £-2.6k and a 2.72x industry multiple (adjusted for size and gross margin).
simply-apps ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLY-APPS LTD at £0 based on Net Assets of £-12.8k and 2.07x industry multiple (adjusted for liquidity).
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Simply-apps Ltd Overview
Simply-apps Ltd is a live company located in abercarn, NP11 5AU with a Companies House number of 12560823. It operates in the ready-made interactive leisure and entertainment software development sector, SIC Code 62011. Founded in April 2020, it's largest shareholder is price holdings gwent ltd with a 51% stake. Simply-apps Ltd is a young, micro sized company, Pomanda has estimated its turnover at £15.9k with declining growth in recent years.
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Simply-apps Ltd Health Check
Pomanda's financial health check has awarded Simply-Apps Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £15.9k, make it smaller than the average company (£7.3m)
- Simply-apps Ltd
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -40%, show it is growing at a slower rate (11%)
- Simply-apps Ltd
11% - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (55.4%)
- Simply-apps Ltd
55.4% - Industry AVG
Profitability
an operating margin of -16.4% make it less profitable than the average company (3.8%)
- Simply-apps Ltd
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
- Simply-apps Ltd
40 - Industry AVG
Pay Structure
on an average salary of £61.3k, the company has an equivalent pay structure (£61.3k)
- Simply-apps Ltd
£61.3k - Industry AVG
Efficiency
resulting in sales per employee of £15.9k, this is less efficient (£162.1k)
- Simply-apps Ltd
£162.1k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (46 days)
- Simply-apps Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is slower than average (16 days)
- Simply-apps Ltd
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simply-apps Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Simply-apps Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 388.8%, this is a higher level of debt than the average (48.4%)
388.8% - Simply-apps Ltd
48.4% - Industry AVG
SIMPLY-APPS LTD financials
Simply-Apps Ltd's latest turnover from April 2024 is estimated at £15.9 thousand and the company has net assets of -£12.8 thousand. According to their latest financial statements, we estimate that Simply-Apps Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| Tangible Assets | 3,270 | 6,540 | 9,810 | |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 3,270 | 6,540 | 9,810 | |
| Stock & work in progress | ||||
| Trade Debtors | 4,416 | 3,767 | 3,844 | 17,868 |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | ||||
| total current assets | 4,416 | 3,767 | 3,844 | 17,868 |
| total assets | 4,416 | 7,037 | 10,384 | 27,678 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 2,167 | 2,185 | 2,282 | 16,330 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 2,167 | 2,185 | 2,282 | 16,330 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 15,000 | 15,000 | 15,000 | 15,000 |
| provisions | ||||
| total long term liabilities | 15,000 | 15,000 | 15,000 | 15,000 |
| total liabilities | 17,167 | 17,185 | 17,282 | 31,330 |
| net assets | -12,751 | -10,148 | -6,898 | -3,652 |
| total shareholders funds | -12,751 | -10,148 | -6,898 | -3,652 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 649 | -77 | -14,024 | 17,868 |
| Creditors | -18 | -97 | -14,048 | 16,330 |
| 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 | 15,000 | |||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
simply-apps ltd Credit Report and Business Information
Simply-apps Ltd Competitor Analysis
Perform a competitor analysis for simply-apps ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NP11 area or any other competitors across 12 key performance metrics.
simply-apps ltd Ownership
SIMPLY-APPS LTD group structure
Simply-Apps Ltd has no subsidiary companies.
simply-apps ltd directors
Simply-Apps Ltd currently has 3 directors. The longest serving directors include Mr Martin Price (Apr 2020) and Mr Martin Price (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Price | Wales | 39 years | Apr 2020 | - | Director |
| Mr Martin Price | Wales | 60 years | Apr 2020 | - | Director |
| Mr Martin Price | Wales | 60 years | Apr 2020 | - | Director |
P&L
April 2024turnover
15.9k
+25%
operating profit
-2.6k
0%
gross margin
18.1%
-22.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-12.8k
+0.26%
total assets
4.4k
-0.37%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
simply-apps ltd company details
company number
12560823
Type
Private limited with Share Capital
industry
62011 - Ready-made interactive leisure and entertainment software development
incorporation date
April 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
STANFORD WILLIAMS LIMITED
auditor
-
address
49 coed celynen drive, coed celynen drive, abercarn, NP11 5AU
Bank
-
Legal Advisor
-
simply-apps 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-apps ltd.
simply-apps 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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simply-apps ltd Companies House Filings - See Documents
| date | description | view/download |
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