Timeless Tradition Ltd
08685590
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Kelly Mckie
British · England · Age 46
27, First Avenue, London, N18 3PD
Notified 30/08/2023
Former PSCs
Mr Mark Garner
Ceased 01/05/2018
Mr Mark Patrick Hanley
Ceased 01/01/2019
Mr Stephen Frederick Conway
Ceased 30/08/2023
CompanyRankvs 66805+ SIC 82990 peers57
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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 30/11/2024
Turnover
£64k
Annual revenue
Net Worth
-£8k
Balance sheet strength
Cash
£5k
Cash in the bank
Profit Before Tax
-£13k
Bottom line earnings
Net Current Assets
£7k
Working capital
Current Assets
£11k
Current Liabilities
£3k
Debtors
£6k
Cost of Sales
£33k
Gross Profit
£31k
Admin Expenses
£43k
Operating Profit
-£12k
Profit After Tax
-£13k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.08 | -£13k |
| 2023 | 3.32 | +£543 |
| 2022 | 2.93 | +£1k |
| 2021 | 5.07 | — |
| 2020 | 6.84 | — |
| 2019 | 0.95 | — |
| 2018 | 1.22 | — |
Derived from filed accounts. Not audited figures.