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Timeless Recruitment Ltd

12811330

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 2431+ SIC 78300 peers
56

Financial strength70th percentile among SIC peers · 18/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

Liquidity12/20 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 31/08/2024

Net Worth

£10k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£201k

Current Liabilities

£195k

Fixed Assets

£5k

Debtors

£143k

20avg. employees+11

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£10k
Signed by Mr Paul Snuggs 26/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.03-£110k
20231.14+£3k£1.6M
20221.27+£79k
20210.40

Derived from filed accounts. Not audited figures.