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Timeless It Business Ltd

07236106

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

55 STAINES ROAD WEST, SUNBURY-ON-THAMES, TW16 7AH
Incorporated 27/04/2010

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/04/2026

Due 11/05/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Michael Ramlakhan

director · Since 27/04/2010

IT

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Persons with Significant Control

Mr Michael Ramlakhan

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

British · England · Age 56

20, Clarendon Road, Ashford, TW15 2QE

Notified 06/04/2016

CompanyRankvs 7463+ SIC 62020 peers
82

Financial strength83th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.76× · 16/20
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 strength21/25 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.

Liquidity16/20 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 31/12/2024

Net Worth

£67k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£89k

Working capital

Current Assets

£198k

Current Liabilities

£112k

Fixed Assets

£8k

8avg. employees+17

Tax at Year End(2019)

Corp tax£9k
Dividends paid£35k

Balance Sheet

Assets less current liabilities£97k
Prepared with v2025.68.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20241.76-£3k
20231.82-£37k
20222.29+£11k
20212.17+£61k
20201.56+£6k
20191.38
20181.13

Derived from filed accounts. Not audited figures.