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Ontime Payments Limited

15474033

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

SPACES, LONDON, WC2N 4JS
Incorporated 08/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Miles Palmer Hance-Lambie

director · Since 08/02/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Simon Timothy Cockle

director · Since 28/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Timothy Neil Philip

director · Since 28/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Miles Hance-Lambie

25–50% shares
25–50% votes

British · United Kingdom · Age 38

167-169, Great Portland Street, London, W1W 5PF

Notified 08/02/2024

Former PSCs

Mr Miles Hance-Lambie

Ceased 08/02/2024

CompanyRankvs 8272+ SIC 62090 peers
74

Financial strength96th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 26.48× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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 28/02/2025

Net Worth

£802k

Balance sheet strength

Cash

£813k

Cash in the bank

Net Current Assets

£801k

Working capital

Current Assets

£833k

Current Liabilities

£31k

Fixed Assets

£12k

Debtors

£19k

4avg. employees

Balance Sheet

Intangible assets£7k
Assets less current liabilities£813k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
202526.48

Derived from filed accounts. Not audited figures.