Symple Ltd

Symple Ltd, based in Swansea, UK, is a small, active company founded three years ago. Employing just two people, it holds £252 in assets and boasts a perfect 5.0 Google rating from three reviews. With two directors and two owners, it operates from a real address in Morriston.

The company’s website reveals a focus on gas safety, electrical installations, and energy performance services. It appears to be a B2B operation, offering services to businesses rather than directly to consumers. The login page and Android app download suggest a digital platform for managing services and potentially for clients to book appointments. The site also includes standard legal and privacy policy links, alongside contact information and a physical office address in Swinton, Greater Manchester.

Financially, Symple Ltd’s recent performance paints a concerning picture. Cash reserves have fallen dramatically, dropping 95% to a mere £130. Current assets have also plummeted, shrinking by 95% to £250. Creditors have decreased slightly, but the significant drop in equity (-39%) and a substantial decrease in debtors (-95%) suggest the company is struggling to generate revenue and manage its finances. The company's size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in assets and cash flow is a serious concern. The lack of an auditor mentioned likely means the company is exempt from an external audit, and the unaudited figures should be viewed with caution. It seems like the company is burning through cash, and management will need to address these issues to ensure its long-term viability.

Registered in Wales under the registration number 13855663, with a registered address at SA6 7DS, Wales, Swansea, 16 Parry Road, Morriston.

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