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Timelineapp Tech Limited

11405676

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

70 GRACECHURCH STREET, LONDON, EC3V 0HR
Incorporated 08/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62012
Business and domestic software development

Officers

Mr Abraham Olajide Okusanya

director · Since 08/06/2018

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 44

Also on 5 other boards

Ms Karthica Underwood

secretary · Since 04/09/2020

Mrs Karthica Underwood

director · Since 17/05/2022

CHIEF OPERATING OFFICER

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Timeline Holdings Limited

75–100% shares
75–100% votes

70, Gracechurch Street, London, EC3V 0HR

Reg: 13266210 · England And Wales · Limited Company

Notified 20/05/2022

Former PSCs

Mr Abraham Okusanya

Ceased 20/05/2021

Charges1 outstanding

Charge
outstanding

OCTOPUS INVESTMENTS LIMITED

Created 13/06/2024Registered 20/06/2024

CompanyRankvs 44830+ SIC 58290 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

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

Longevity8/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2021

Net Worth

-£743k

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

-£718k

Working capital

Current Assets

£85k

Current Liabilities

£803k

Fixed Assets

£6k

Debtors

£21k

15avg. employees+6

Tax at Year End(2019)

VAT£9k

Director Loans(2019)

Company owes directors£477

Balance Sheet

Assets less current liabilities-£711k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20210.11-£745k
20202.75-£215k
20198.14+£137k£185k
20194.75£185k

Derived from filed accounts. Not audited figures.