{"name":"SIME LIMITED","company_number":"04625347","status":"Active","type":"Private Limited Company","incorporated":"2002-12-24","dissolved":null,"registered_office":"Queen Street Chambers, 68 Queen Street, Sheffield, South Yorkshire, England, S1 1WR","postcode":"S1 1WR","sic_codes":[{"code":46180,"description":"Agents specialized in the sale of other particular products"}],"principal_activity":null,"previous_names":[{"name":"NEWINCCO 229 LIMITED","changed_on":"2003-03-02"}],"warnings":[],"accounts":{"category":"Small","year_end":"29 December","last_made_up_to":"2024-12-31","next_due":"2026-12-28"},"employees":{"count":10,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","cash":59235,"average_employees":10},{"financial_date":"2023-12-31","cash":102608,"average_employees":10}],"officers":{"current":1,"resigned":17,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"SIME LIMITED is in severe financial distress with negative equity of £1.7 million, negative working capital, and declining cash reserves. The company is dependent on continued support from its Italian parent to remain a going concern, without which it would be unable to pay its debts. Immediate restructuring of liabilities and a clear turnaround plan are essential to avoid insolvency.","website":"https://www.sime.it/uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/sime","people":"https://www.companiesintheuk.co.uk/company/sime/people","filing_history":"https://www.companiesintheuk.co.uk/company/sime/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04625347","financials":"https://www.companiesintheuk.co.uk/company/sime/financial","control":"https://www.companiesintheuk.co.uk/company/sime/control","charges":"https://www.companiesintheuk.co.uk/company/sime/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/sime/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/sime"}