Back to search

Timeless Recruitment Ltd

12811330

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

37 HIGH STREET, IPSWICH, IP6 8AL
Incorporated 13/08/2020

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 16/09/2025

Due 30/09/2026

On track

Industry

78300
Human resources provision and management of human resources functions

Officers

Mr Jason Charles Thomas Ward

director · Since 13/08/2020

BUSINESSMAN

BRITISH · ENGLAND · Age 40

Also on 6 other boards

Mr Paul Snuggs

director · Since 18/08/2021

BUSINESSMAN

BRITISH · ENGLAND · Age 38

Also on 7 other boards

Persons with Significant Control

Timeless Group Services Ltd

75–100% shares

Unit 3, Knight Road, Rochester, ME2 2JH

Reg: 13421024 · England · Limited Company

Notified 16/09/2021

Former PSCs

Mr Jason Charles Thomas Ward

Ceased 16/09/2021

Timeless Property Limited

Ceased 16/09/2021

Charges1 outstanding

Charge
outstanding

ZODEQ LTD

Created 28/10/2024Registered 29/10/2024
Charge
satisfied

QUBA SOLUTIONS LIMITED

Created 19/11/2020Registered 19/11/2020Satisfied 29/10/2024

CompanyRankvs 7209+ SIC 78300 peers
33

Financial strength5th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

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.

Longevity6/15 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 31/08/2025

Net Worth

-£24k

Balance sheet strength

Cash

£44k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£192k

Current Liabilities

£220k

Fixed Assets

£5k

Debtors

£148k

25avg. employees+5

Tax at Year End(2023)

Corp tax£58k
VAT£81k

Director Loans(2023)

Company owes directors£18k
Directors owe company£209

Balance Sheet

Assets less current liabilities-£24k
Signed by Mr Paul Snuggs 13/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.87-£34k
20241.03-£110k
20231.14£1.6M

Derived from filed accounts. Not audited figures.