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Timeless Lifestyles Limited

11628533

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

19 PRIORS CROFT, LONDON, E17 5NJ
Incorporated 17/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47721
47721
47722
47722
47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Humza Sheikh

director · Since 17/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 5 other boards

Persons with Significant Control

Mr Humza Sheikh

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

British · England · Age 37

19, Priors Croft, London, E17 5NJ

Notified 17/10/2018

CompanyRankvs 773+ SIC 47721 peers
55

Financial strength22th percentile among SIC peers · 6/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.63× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 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.

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.

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 31/10/2025

Net Worth

-£2k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£10k

Current Liabilities

£4k

Fixed Assets

£273

Debtors

£456

1avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.63-£4k
20243.88-£2k
202332.68

Derived from filed accounts. Not audited figures.