simpler group ltd
simpler group ltd Company Information
Company Number
13247441
Next Accounts
Dec 2025
Shareholders
ourania lamprou
alexandros kyriakopoulos
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
128 city road, london, EC1V 2NX
Website
-simpler group ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLER GROUP LTD at £123.9k based on a Turnover of £177.1k and 0.7x industry multiple (adjusted for size and gross margin).
simpler group ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLER GROUP LTD at £0 based on an EBITDA of £-342.5k and a 4.76x industry multiple (adjusted for size and gross margin).
simpler group ltd Estimated Valuation
Pomanda estimates the enterprise value of SIMPLER GROUP LTD at £0 based on Net Assets of £-465.9k and 2.25x industry multiple (adjusted for liquidity).
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Simpler Group Ltd Overview
Simpler Group Ltd is a live company located in london, EC1V 2NX with a Companies House number of 13247441. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2021, it's largest shareholder is ourania lamprou with a 39.4% stake. Simpler Group Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £177.1k with unknown growth in recent years.
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Simpler Group Ltd Health Check
Pomanda's financial health check has awarded Simpler Group Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £177.1k, make it smaller than the average company (£7.5m)
- Simpler Group Ltd
£7.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Simpler Group Ltd
- - Industry AVG
Production
with a gross margin of 48.7%, this company has a comparable cost of product (48.7%)
- Simpler Group Ltd
48.7% - Industry AVG
Profitability
an operating margin of -193.4% make it less profitable than the average company (3.9%)
- Simpler Group Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (43)
1 - Simpler Group Ltd
43 - Industry AVG
Pay Structure
on an average salary of £72.6k, the company has an equivalent pay structure (£72.6k)
- Simpler Group Ltd
£72.6k - Industry AVG
Efficiency
resulting in sales per employee of £177.1k, this is equally as efficient (£177.1k)
- Simpler Group Ltd
£177.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Simpler Group Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Simpler Group Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simpler Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1974 weeks, this is more cash available to meet short term requirements (14 weeks)
1974 weeks - Simpler Group Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 133.9%, this is a higher level of debt than the average (63.2%)
133.9% - Simpler Group Ltd
63.2% - Industry AVG
SIMPLER GROUP LTD financials
Simpler Group Ltd's latest turnover from March 2024 is estimated at £177.1 thousand and the company has net assets of -£465.9 thousand. According to their latest financial statements, Simpler Group Ltd has 1 employee and maintains cash reserves of £128.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 1,246,386 | 936,330 | 342,356 |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 1,246,386 | 936,330 | 342,356 |
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 128,376 | 439,401 | 471,010 |
| misc current assets | |||
| total current assets | 128,376 | 439,401 | 471,010 |
| total assets | 1,374,762 | 1,375,731 | 813,366 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | |||
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 3,381 | 2,665 | 5,589 |
| total current liabilities | 3,381 | 2,665 | 5,589 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 1,837,246 | 1,533,070 | 852,578 |
| provisions | |||
| total long term liabilities | 1,837,246 | 1,533,070 | 852,578 |
| total liabilities | 1,840,627 | 1,535,735 | 858,167 |
| net assets | -465,865 | -160,004 | -44,801 |
| total shareholders funds | -465,865 | -160,004 | -44,801 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | |||
| Creditors | |||
| Accruals and Deferred Income | 716 | -2,924 | 5,589 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 310,056 | 593,974 | 342,356 |
| 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 | 304,176 | 680,492 | 852,578 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -311,025 | -31,609 | 471,010 |
| overdraft | |||
| change in cash | -311,025 | -31,609 | 471,010 |
simpler group ltd Credit Report and Business Information
Simpler Group Ltd Competitor Analysis
Perform a competitor analysis for simpler group ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
simpler group ltd Ownership
SIMPLER GROUP LTD group structure
Simpler Group Ltd has no subsidiary companies.
Ultimate parent company
SIMPLER GROUP LTD
13247441
simpler group ltd directors
Simpler Group Ltd currently has 5 directors. The longest serving directors include Mr Spyridon Mandekis (Mar 2021) and Mr Alexandros Kyriakopoulos (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Spyridon Mandekis | United Kingdom | 33 years | Mar 2021 | - | Director |
| Mr Alexandros Kyriakopoulos | United Kingdom | 36 years | Mar 2021 | - | Director |
| Ms Ourania Lamprou | United Kingdom | 35 years | Mar 2021 | - | Director |
| Mr Apostolos Apostolakis | Greece | 51 years | Aug 2024 | - | Director |
| Jiangming Yang | United Kingdom | 43 years | Aug 2024 | - | Director |
P&L
March 2024turnover
177.1k
+5%
operating profit
-342.5k
0%
gross margin
48.7%
-1.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-465.9k
+1.91%
total assets
1.4m
0%
cash
128.4k
-0.71%
net assets
Total assets minus all liabilities
Similar Companies
simpler group ltd company details
company number
13247441
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
128 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
simpler group 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 simpler group ltd.
simpler group 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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simpler group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
