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Work Time Tool Ltd

08477935

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

SECOND FLOOR, KIRKLAND HOUSE, HARROW, HA1 2AX
Incorporated 08/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Jan Lorentsen

director · Since 08/04/2013

IT CONSULTANT

DANISH · ENGLAND · Age 52

Persons with Significant Control

Mr Jan Lorentsen

75–100% shares
75–100% votes

Danish · England · Age 52

Second Floor, Kirkland House, 11-15 Peterborough Road, Harrow, HA1 2AX

Notified 06/04/2016

CompanyRankvs 7256+ SIC 62090 peers
75

Financial strength85th percentile among SIC peers · 21/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.13× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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7256Work Time Tool Ltd
75
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.

Employees6/15 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.

Longevity13/15 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 31/05/2025

Net Worth

£84k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£84k

Working capital

Current Assets

£123k

Current Liabilities

£39k

1avg. employees

Balance Sheet

Assets less current liabilities£84k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.13+£43k
20242.01+£548
202341.21-£36k
202236.44-£25k
20214.11+£32k
20203.79+£34k
20192.84—

Derived from filed accounts. Not audited figures.