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Timelesswheels Limited

14990448

active
ltd
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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

89 Cambridge Gardens, London, W10 6JE
Incorporated 09/07/2023

Compliance

Last accounts

31/07/2025

unaudited abridged

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 23/11/2025

Due 07/12/2026

On track

Industry

45112
Sale of used cars and light motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Seyar Olumi

director · Since 09/07/2023

British · England · Age 41

Persons with Significant Control

Mr Seyar Olumi

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

British · England · Age 41

89, Cambridge Gardens, London, W10 6JE

Notified 09/07/2023

Change History

officer appointedOLUMI, Seyar
2026-06-04
statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line189 Cambridge Gardens
2026-06-04

89 CAMBRIDGE GARDENS

post townLondon
2026-06-04

LONDON

CompanyRankvs 22164+ SIC 45112 peers
31

Financial strength18th percentile among SIC peers · 5/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 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.

Longevity3/15 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 31/07/2024

Net Worth

-£3k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£13k

Current Liabilities

£15k

Debtors

£3k

0avg. employees

Balance Sheet

Assets less current liabilities-£3k

EstimatesDerived

YearCurrent Ratio
20240.83

Derived from filed accounts. Not audited figures.