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Tymit Ltd

10827757

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

5 MERCHANT SQUARE, LONDON, W2 1DP
Incorporated 20/06/2017

Compliance

Last accounts

30/06/2025

group

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 25/08/2025

Due 08/09/2026

On track

Industry

62020
Information technology consultancy activities
63110
Data processing, hosting and related activities
64921
64921

Officers

Mr David Edward Twigg

director · Since 01/09/2023

NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Mr Paul Robert Kendrick

director · Since 24/03/2026

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Fgfs Holdco Limited

75–100% shares
75–100% votes
Appoint directors

Unit A, Brook Park East, Shirebrook, NG20 8RY

Notified 22/05/2026

Former PSCs

Mr Martin Magnone

Ceased 29/01/2022

Mr. Martin Magnone Ballefin

Ceased 23/09/2022

Frasers Group Plc

Ceased 22/05/2026

Charges2 outstanding

Charge
outstanding

FRASERS GROUP PLC

Created 23/09/2022Registered 13/10/2022
Charge
outstanding

FRASERS GROUP PLC

Created 23/09/2022Registered 27/09/2022

CompanyRankvs 78753+ SIC 62020 peers
19

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Longevity9/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of signing, the directors do not consider COVID-19 to impact the Company's ability to continue as a going concern. The directors note that the business has net liabilities of £3.75m. Post year end, additional cash has been generated and the Company is in the process of agreeing further investment of £12m. Based

Key FinancialsYear ending 30/06/2021

Net Worth

-£3.8M

Balance sheet strength

Cash

£659k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£1.2M

Fixed Assets

£57k

Debtors

£1.2M

27avg. employees

Balance Sheet

Intangible assets£1.3M
Prepared with Silverfin