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Timeless Transits Worldwide Ltd

15398456

active
Private Limited Company
england wales
Companies House
1 outstanding charge
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

ENTERPRISE HOUSE, SOUTHAMPTON, SO14 3XB
Incorporated 09/01/2024

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

49410
Freight transport by road

Officers

Mr David Payne

director · Since 01/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr David Payne

secretary · Since 01/05/2026

Also on 1 other board

Persons with Significant Control

Mr David Payne

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

British · United Kingdom · Age 51

Enterprise House, Ocean Way, Southampton, SO14 3XB

Notified 01/04/2024

Former PSCs

Mr Hussein Ahmed

Ceased 27/02/2024

Mr Hussein Ahmed

Ceased 24/04/2025

Charges1 outstanding

A registered charge
outstanding

Nationwide Finance Limited

The company charges to the chargee, by way of first fixed charge:. (I) all properties acquired by the company in the future;. (Ii) all present and future interests of the company not effectively mortgaged or charged;. (Iii) all present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to the properties;. (Iv) all intellectual property;. ‘Properties’ means all freehold and leasehold properties (whether registered or unregistered) and all commonhold properties, now or in the future (and from time to time) owned by the company or in which the company holds an interest, ‘intellectual property’ means the company's present and future patents, rights to inventions, copyright and related rights, trade-marks, business names and domain names, goodwill and the right to sue for passing off, rights in designs, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how) and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world.

Created 05/05/2026Registered 05/05/2026

CompanyRankvs 18521+ SIC 49410 peers
44

Financial strength79th percentile among SIC peers · 20/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 pts

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

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£21k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£159k

Current Liabilities

£139k

Fixed Assets

£1k

Debtors

£133k

1avg. employees

Balance Sheet

Assets less current liabilities£21k
Signed by Mr Hussein Ahmed 17th April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.14

Derived from filed accounts. Not audited figures.