As sparks-flying says, the sim time counts towards the 55 hours (usually a maximum of 40), but you do need 200 hours in an aeroplane for the CPL issue.
Hmm
I've been told by a local school to get my PPL, Night, Class 1 medical, 14 ATPL exams and;
70 Hours PIC to commence the IR Course.
150 total hours to commence the CPL
Assuming I'll start my professional training with 70 Hours PIC training will consist of;
Multi Engine
6 hrs PA34
IR (55hrs)
30hrs Sim
25hrs PA34 Seneca
CPL (15hrs - IR Holders)
15hrs PA28R Arrow
I won't have 200hrs when I'm issued with a CPL? ... I'm probably missing something but I'd appreciate if somebody can point me in the right direction