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Timerest Limited

04064058

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

6TH FLOOR, WINCHESTER HOUSE 259-269, LONDON, NW1 5RA
Incorporated 04/09/2000

Compliance

Last accounts

29/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/08/2025

Due 28/08/2026

On track

Industry

56290
Other food service activities

Officers

Ahmed Kitous

director · Since 14/01/2004

RESTAURANTEUR

BRITISH · UNITED KINGDOM · Age 56

Also on 5 other boards

Mr James Stephen Fisher

secretary · Since 06/02/2025

Persons with Significant Control

Comptoir Group Plc

75–100% shares

34a Waterloo Road, Suite 4, London, NW2 7UH

Reg: 07741283 · England And Wales · Limited Company

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/09/2011Registered 28/09/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/09/2011Registered 28/09/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/09/2011Registered 17/09/2011
charge
satisfied

HSBC BANK PLC

Created 18/02/2004Registered 19/02/2004Satisfied 28/07/2011
charge
satisfied

DAPHNE LERNER

Created 26/10/2000Registered 01/11/2000Satisfied 08/08/2003

CompanyRankvs 8728+ SIC 56290 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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8728Timerest Limited
47
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

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 29/12/2024

Net Worth

-£8.6M

Balance sheet strength

Cash

£835k

Cash in the bank

Net Current Assets

-£8.7M

Working capital

Current Assets

£7.9M

Current Liabilities

£16.6M

Fixed Assets

£516k

Debtors

£7.1M

Profit After Tax

-£3.7M

37avg. employees-26

Balance Sheet

Assets less current liabilities-£8.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£4.3M
20230.66-£3.6M
20230.90-£3.4M
20221.34-£1.0M
20202.70+£3.7M
20190.98—

Derived from filed accounts. Not audited figures.