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Time To Spare Ltd

11530023

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)
  • Current liabilities exceed current assets (-10)

Details

SPACE 4, LONDON, N4 3HH
Incorporated 21/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Thomas John Neill-Eagle

director · Since 21/08/2018

CONSULTANT

BRITISH · ENGLAND · Age 31

Mr William Scott Eccles Thompson

director · Since 12/11/2019

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 33

Also on 1 other board

Mr John Mark Yeomans

director · Since 09/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Persons with Significant Control

Mr Thomas John Neill-Eagle

50–75% shares
50–75% votes
Appoint directors

British · England · Age 31

Space 4, 113-115 Fonthill Road, London, N4 3HH

Notified 21/08/2018

CompanyRankvs 35923+ SIC 62012 peers
44

Financial strength5th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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35923Time To Spare Ltd
39
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.

Employees14/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£82k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£49k

Current Liabilities

£81k

Fixed Assets

£521

6avg. employees+2

Balance Sheet

Assets less current liabilities-£29k
Signed by Mr W S Thompson 28/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.61-£274k
20234.48+£116k
20220.15+£53k
20211.13+£7k
202014.35—
20191.51—

Derived from filed accounts. Not audited figures.