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Time Motorsport Ltd

08787250

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

14 PRIORY CLOSE, CHEPSTOW, NP16 5ND
Incorporated 22/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25290
Manufacture of other tanks, reservoirs and containers of metal
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Mark Hale

director · Since 22/11/2013

MOTORSPORT ENGINEER AND CONSULTANT

BRITISH · WALES · Age 60

Persons with Significant Control

Mr Mark Hale

75–100% shares

British · Wales · Age 60

14, Priory Close, Chepstow, NP16 5ND

Notified 06/04/2016

CompanyRankvs 106+ SIC 25290 peers
54

Financial strength11th percentile among SIC peers · 3/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.07× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 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 30/11/2024

Net Worth

-£1k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£4k

Current Liabilities

£1k

Debtors

£180

1avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£2k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20243.07
20233.26

Derived from filed accounts. Not audited figures.