Back to search

Time Savers Logistics Ltd

12951142

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

10 LITTLE EASTON CLOSE, LEICESTER, LE5 0AF
Incorporated 14/10/2020

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 13/10/2025

Due 27/10/2026

On track

Industry

49410
Freight transport by road

Officers

Mr Balvinder Singh

director · Since 14/10/2020

DIRECTOR

INDIAN · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Balvinder Singh

Significant control

Indian · England · Age 44

19 Tillingham Road, Leicester, LE5 0AH

Notified 14/10/2020

CompanyRankvs 16830+ SIC 49410 peers
65

Financial strength88th percentile among SIC peers · 22/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Translift Freight Limited
90
2S.W.Wreford & Sons.Limited
90
3Hadfields Transport Limited
90
4Lanz Farm Limited
90
5S.T.Challis Limited
90
6Clarendon Haulage Co. Limited
90
7Geo.Siddall(Transport)Limited
90
8Henry Diaper & Co. Limited
90
9Borchard Lines Limited
90
10Clark Transport Limited
90
1683Time Savers Logistics Ltd
75
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2024

Net Worth

£78k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£108k

Current Liabilities

£42k

Fixed Assets

£46k

Debtors

£43k

3avg. employees

Balance Sheet

Assets less current liabilities£112k
Signed by Mr Balvinder Singh 2 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.60+£47k
20231.45+£20k
20221.58—

Derived from filed accounts. Not audited figures.