Timesource Limited
05036155
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 05/02/2026
Due 19/02/2027
Industry
Officers
director · Since 05/02/2004
DIRECTOR
BRITISH · ENGLAND · Age 74
Also on 4 other boards
Former
director · Resigned 17/07/2026
Persons with Significant Control
Mr Nigel Roland Woolley
British · England · Age 74
Units 1&2 Chater Court, Halifax Drive, Peterborough, PE6 8AH
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 14+ SIC 46480 peers79
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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 31/12/2025
Net Worth
£995k
Balance sheet strength
Cash
£342k
Cash in the bank
Net Current Assets
£987k
Working capital
Current Assets
£1.2M
Current Liabilities
£172k
Fixed Assets
£9k
Debtors
£170k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 6.75 | +£16k |
| 2024 | 8.33 | -£14k |
| 2023 | 13.27 | — |
Derived from filed accounts. Not audited figures.