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Timeverse Limited

02607145

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

GLAN YR AFON, BURRY PORT, SA16 0JQ
Incorporated 02/05/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03110
Marine fishing

Officers

Heather Denman

secretary · Since 30/09/1991

SECRETARY

BRITISH · Age 82

Mr Kevin Wayne Denman Bsc

director · Since 31/01/2008

FISHERMAN

BRITISH · WALES · Age 59

Also on 1 other board

Persons with Significant Control

Mr Kevin Wayne Denman

Significant control

British · Wales · Age 59

Glan Yr Afon, Glan Yr Afon, Burry Port

Notified 01/10/2021

Former PSCs

Mr Allan Douglas Denman

Ceased 01/10/2021

CompanyRankvs 499+ SIC 03110 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£30k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£26k

Current Liabilities

£95k

Fixed Assets

£39k

Debtors

£993

1avg. employees

Director Loans

Company owes directors£94k

Balance Sheet

Assets less current liabilities-£30k
Signed by Mr Kevin Denman 05/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.27-£6k
20230.28-£5k
20220.28-£10k
20210.30-£13k
20200.43
20190.50
20180.38

Derived from filed accounts. Not audited figures.