Timelesswheels Limited
14990448
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2025
unaudited abridged
Next accounts due
30/04/2027
Confirmation statement
Last: 23/11/2025
Due 07/12/2026
Industry
Officers
Persons with Significant Control
Mr Seyar Olumi
British · England · Age 41
89, Cambridge Gardens, London, W10 6JE
Notified 09/07/2023
Change History
Active
Private Limited Company
89 CAMBRIDGE GARDENS
LONDON
CompanyRankvs 22164+ SIC 45112 peers31
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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 31/07/2024
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.83 |
Derived from filed accounts. Not audited figures.