Simplear Ltd.

Simplear Ltd is a private limited company registered in England/Wales with the registration number 08471422. The company was founded twelve years ago on April 03, 2013, and registered at E14 9HB, England, London, 39 Millharbour, Flat 56. Its status is active. The company operates in the retail sale via mail order houses or via internet, and the sound recording and music publishing activities industries. Officially, it has one owner, one director, and one employee.

The company's website, Simple Solar, focuses on solar panel installation in Devon and Cornwall. It positions itself as a provider of simple, affordable solar energy solutions, emphasizing the benefits of reduced bills, surplus electricity sales, and a smaller carbon footprint. The site highlights SunPower panels, offering custom installations, warranties, and remote monitoring. It’s clear that the business model is centered around residential and commercial solar panel sales and installations, with a strong emphasis on customer service and ease of use. The site is a well-designed e-commerce platform, offering quotes and information on solar energy solutions.

Financially, Simplear Ltd presents a mixed picture. Accumulated depreciation increased by 19%, indicating investment in fixed assets, while cash bank on hand jumped a significant 93% to £22,000. However, bank borrowings rose to £5,800, and corporation tax payable increased substantially by 190%. Net assets grew by 12% to £10,000, but net current assets and liabilities increased by 110%, which is a little concerning. Trade creditors also increased by 50%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the increase in debt suggests it’s burning through cash a little faster than it’s earning it. There’s no auditor mentioned, which is common for small companies, so the financial data is unaudited.

Registered in England/Wales under the registration number 08471422, with a registered address at E14 9HB, England, London, 39 Millharbour, Flat 56.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.