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Optimum Time Limited

05045696

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

THE GUNNERY DRILL SHED CHAPEL ROAD, SOUTHEND-ON-SEA, SS3 9SL
Incorporated 16/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46480
Wholesale of watches and jewellery

Officers

Mr Ian Cressey Homan

director · Since 12/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Mr Lyndon Julian Davis

director · Since 01/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 5 other boards

Persons with Significant Control

B2c (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

Cumberland House, 24-28 Baxter Avenue, Southend-On-Sea, SS2 6HZ

Reg: 07361046 · Companies House · Private Limited Company

Notified 12/11/2021

Former PSCs

Mr Timothy James Hawkins

Ceased 12/11/2021

Mrs Tracey Jayne Hawkins

Ceased 12/11/2021

CompanyRankvs 36+ SIC 46480 peers
87

Financial strength96th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 9.69× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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36Optimum Time Limited
87
How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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 31/03/2022

Net Worth

£949k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

£950k

Working capital

Current Assets

£1.1M

Current Liabilities

£109k

Debtors

£672k

Profit After Tax

£139k

3avg. employees+1

Tax at Year End

Corp tax£67k
Dividends paid-£24k

Balance Sheet

Assets less current liabilities£950k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20229.69

Derived from filed accounts. Not audited figures.