Back to search

Timnow Ltd

05113925

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2.02 HIGH WEALD HOUSE, BEXHILL, TN39 5ES
Incorporated 27/04/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
74203
Film processing

Officers

Elizabeth Maddison

secretary · Since 27/04/2004

BRITISH · Age 73

Ian Maddison

director · Since 27/04/2004

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 2 other boards

Persons with Significant Control

Mrs. Elizabeth Maddison

25–50% shares
25–50% votes

British · England · Age 73

12, Vulcan House, Wallis Square, Farnborough, GU14 7GS

Notified 06/04/2016

Mr. Ian Maddison

50–75% shares
50–75% votes
Appoint directors

British · England · Age 72

12, Vulcan House, Wallis Square, Farnborough, GU14 7GS

Notified 06/04/2016

CompanyRankvs 33509+ SIC 62090 peers
45

Financial strength6th percentile among SIC peers · 2/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Barron Mccann Limited
90
2Synergy Logistics Limited
90
3Newspress Limited
90
4Numerical Algorithms Group Limited (The)
90
5Planet Intelligent Technology Limited
90
6Lynbrook Managed Services Limited
90
7Snap-On Business Solutions Limited
90
8Xenith Document Systems Ltd
90
9Sight And Sound Technology Limited
90
10Htec Limited
90
33509Timnow Ltd
45
How is this score calculated?
Financial strength2/25 pts

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

Employees11/15 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 30/04/2025

Net Worth

-£43k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£13k

Current Liabilities

£59k

Fixed Assets

£3k

Debtors

£4k

Profit After Tax

-£7k

2avg. employees

Tax at Year End(2020)

Corp tax£8k
Dividends paid£35k

Balance Sheet

Assets less current liabilities-£43k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.22-£7k
20240.45+£14k
20230.15-£16k
20220.34—
20210.38—
20200.92—
20190.81—
20181.33—

Derived from filed accounts. Not audited figures.