Time Shipping Limited
14502061
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 03/05/2026
Due 17/05/2027
Industry
Officers
director · Since 01/07/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 3 other boards
Persons with Significant Control
Mr Andy Kwon
Cypriot · England · Age 45
Lynton House 7-12, Tavistock Square, London, WC1H 9BQ
Notified 03/05/2023
Former PSCs
Andy Kwon
Ceased 15/12/2023
CompanyRankvs 958+ SIC 50200 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£520k
Cash in the bank
Net Current Assets
£5.4M
Working capital
Current Assets
£5.5M
Current Liabilities
£39k
Debtors
£12k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 140.80 |
| 2023 | 0.94 |
Derived from filed accounts. Not audited figures.