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On Time Accountants Ltd

10283900

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

111 HEATH WAY, BIRMINGHAM, B34 6LG
Incorporated 18/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Sarfraz Abid

director · Since 18/07/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Sarfraz Abid

75–100% shares

British · United Kingdom · Age 38

84-88, Macdonald Street, Birmingham, B5 6TN

Notified 18/07/2016

CompanyRankvs 138052+ SIC 82990 peers
34

Financial strength10th percentile among SIC peers · 3/25
Employees40th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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138052On Time Accountants Ltd
33
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.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/07/2024

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£12k

1avg. employees

Tax at Year End(2020)

Corp tax£270

Director Loans(2020)

Company owes directors£114
Signed by 1.8.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024—-£21k
20230.00+£3k
20220.23+£4k
20211.64-£3k
202013.13+£621
20197.42+£395
20183.83—

Derived from filed accounts. Not audited figures.