The Firmwatch take
Direct Sims Ltd is a 8-year-old wholesale, active on the Companies House register. The latest filed accounts (year to 31 August 2025) show −£20k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Auto-generated from filings·Refreshed 24 May 2026
Pulse · Net assets, 2024–2025
↘ £32kIncorporated
30 August 2017
8 years on the register
Sector
Wholesale trade
SIC 46520 · matched to division
Size
Not classified
Net assets
−£20k
-£19,722
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Address pattern · BD7 1HR
60 other UK companies registered at this postcode.
Active
58
Dissolved
2
Strike-off action
0
Risk events · monitored daily
Nothing has triggered the watchtower
Firmwatch checks 4 public sources every day for this company. Anything that appears — a London Gazette notice, a court order, an insolvency filing — will land here within hours.
London GazettePrimary
Official UK statutory notices — insolvency, strike-off, court orders
Companies House · Insolvency
Winding-up, administration, CVL, CVA, receivership
Companies House · Filings
Confirmation statements, accounts, officer changes
Companies House · Charges
Newly registered charges, satisfactions, security
Refreshed daily · sources all reachable
Money
What the balance sheet says
Net assets
−£20k
Cash
Not disclosed
Working cap.
−£84k
Current ratio
0.1×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
People
Who runs this company
- MB
MUNIR, Bilal Ahmed
director · since 2022
1 flagged appointmentacross these directors' other companies
Registered office
Address intelligence
60 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.