Timmins Solutions Ltd
07982812
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 04/03/2026
Due 18/03/2027
Industry
Officers
Persons with Significant Control
Mr Oluwasolape Aderinola Adewumi
British · England · Age 48
96, Countess Way, Milton Keynes, MK10 7DX
Notified 06/04/2016
CompanyRankvs 12409+ SIC 70221 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Turnover
£30k
Annual revenue
Net Worth
-£24k
Balance sheet strength
Cash
£11k
Cash in the bank
Profit Before Tax
-£865
Bottom line earnings
Net Current Assets
-£14k
Working capital
Current Assets
£11k
Current Liabilities
£26k
Fixed Assets
£400
Cost of Sales
£13k
Gross Profit
£17k
Admin Expenses
£865
Operating Profit
-£865
Profit After Tax
-£865
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.44 | -£2k |
| 2024 | 0.64 | +£5k |
| 2023 | 0.86 | +£2k |
| 2022 | 0.46 | -£15k |
| 2021 | 2.52 | -£24k |
| 2020 | 1.32 | +£472 |
| 2019 | 3.46 | — |
Derived from filed accounts. Not audited figures.