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Timeless Locksmith Ltd

14198771

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)
  • Current liabilities exceed current assets (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 27/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64991
Security dealing on own account
80100
Private security activities

Officers

Mr Dwane James

director · Since 27/06/2022

LOCKSMITH

GRENADIAN · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Dwane James

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

Grenadian · United Kingdom · Age 42

20-22, Wenlock Road, London, N1 7GU

Notified 27/06/2022

CompanyRankvs 2399+ SIC 64991 peers
37

Financial strength52th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
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 strength13/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/06/2024

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£261

Current Liabilities

£10k

Fixed Assets

£11k

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03+£2k
20231.22

Derived from filed accounts. Not audited figures.