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Time For Change Ltd

14173231

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

AVALAND HOUSE 110 LONDON ROAD, HEMEL HEMPSTEAD, HP3 9SD
Incorporated 15/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47791
Retail sale of antiques including antique books in stores

Officers

Mr Ryan Melvyn Gisborne-Weare

director · Since 15/06/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 3 other boards

Mr Andrew David Roberts

director · Since 15/06/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Persons with Significant Control

Mr Ryan Melvyn Gisborne-Weare

25–50% shares
25–50% votes

British · United Kingdom · Age 37

Avaland House, 110 London Road, Hemel Hempstead, HP3 9SD

Notified 15/06/2022

Mr Andrew David Roberts

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Avaland House, 110 London Road, Hemel Hempstead, HP3 9SD

Notified 15/06/2022

CompanyRankvs 1428+ SIC 47791 peers
41

Financial strength7th percentile among SIC peers · 2/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Longevity4/15 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 31/12/2024

Net Worth

-£40k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£64k

Working capital

Current Assets

£81k

Current Liabilities

£145k

Fixed Assets

£24k

Debtors

£15k

4avg. employees

Tax at Year End

VAT£2k

Director Loans

Company owes directors£140k

Balance Sheet

Assets less current liabilities-£40k
Signed by R M Gisborne-Weare 25 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.56+£0£40k
20240.56+£6k£40k
20240.49-£38k
20230.76

Derived from filed accounts. Not audited figures.