The Firmwatch take
Simpli Foods Ltd is a 7-year-old wholesale, subject to strike-off action. The latest filed accounts (year to 28 February 2024) show £61k in net assets, with 1 cautionary signal worth monitoring. Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
2 public risk events on file
Pulse · Net assets
Only one period of accounts has been filed since this company was indexed. A trajectory will appear here as more filings arrive.
Incorporated
12 February 2019
7 years on the register
Sector
Wholesale trade
SIC 46320 · matched to division
Size
Not classified
Net assets
£61k
£60,870
Cash at bank
Not disclosed
Not required for this filing type
Risk events
2 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
11/100
low risk
Estimated public-data value
£45,653 - £82,175
medium confidence - net asset range
Sector comparison
Sector: Wholesale
Sample: 717 companies
Negative net assets: 24.7%
- Net assets vs sector median
- £59,870
- Working capital vs sector median
- £35,449
- Sector median current ratio
- 1.10
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Accounts are ageing
The latest extracted accounts period is more than 21 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£92,052
Current liabilities
Amounts due within one year (short-term creditors).
£42,814
Working capital
Current assets minus current liabilities.
£49,238
Fixed assets
Long-term tangible and intangible assets.
£11,632
Total assets less current liabilities
Fixed assets plus working capital.
£60,870
Net assets
What's left after liabilities are deducted from assets.
£60,870
Equity (capital & reserves)
Shareholder funds.
£60,870
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.