Timestar Developments Limited
02548885
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 16/10/2025
Due 30/10/2026
Industry
Officers
director · Since 16/10/1992
SOFTWARE ENGINEER
BRITISH · UNITED KINGDOM · Age 80
Persons with Significant Control
Mr Kenneth William Wood
British · United Kingdom · Age 80
Azure Business Centre, High Street, Newcastle Upon Tyne, NE15 8LN
Notified 06/04/2016
Charges1 outstanding
MIDLAND BANK PLC
CompanyRankvs 615+ SIC 71121 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£16k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
£15k
Working capital
Current Assets
£25k
Current Liabilities
£10k
Fixed Assets
£936
Debtors
£10k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.61 | -£19k |
| 2023 | 3.65 | +£5k |
| 2022 | 1.57 | +£15k |
| 2021 | 1.68 | -£21k |
| 2020 | 2.94 | +£16k |
| 2019 | 3.35 | -£21k |
| 2018 | 49.54 | — |
Derived from filed accounts. Not audited figures.