TIME ELECTRONICS LIMITED

10 UPPER GROSVENOR ROAD, TUNBRIDGE WELLS, TN1 2EP

Company Number: 00904328
Incorporation date: 24-Apr-1967
Status: Active
Entity type: Private Limited Company

SIC codes:
26511 Manufacture of electronic measuring, testing etc. equipment, not for industrial process control





SUMMARY

This company is 57 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 234 thousand which has decreased from the previous year's figure of GBP 283.8 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -49.8 thousand in the last reported period. The company has 2 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2023 GBP 92,149 1,651,123 1,368,644 318,274 10,000 146,796 233,961
31-Mar-2022 GBP 102,023 1,313,932 827,885 552,416 10,000 196,590 283,755
31-Mar-2021 GBP 344,450 1,421,078 455,201 794,659 10,000 482,826 569,991
31-Mar-2020 GBP 102,659 1,067,429 501,284 137,050 10,000 826,879 914,044
31-Mar-2019 GBP 314,889 1,336,211 897,290 115,213 10,000 651,143 738,308
31-Mar-2018 GBP 36,061 678,226 305,022 110,682 10,000 639,342 726,507
31-Mar-2017 GBP 170,347 1,129,667 674,695 130,121 10,000 669,841 757,006
31-Mar-2016 GBP 70,268 717,134 181,710 44,990 10,000 614,772 701,937
31-Mar-2015 GBP 49,721 671,489 196,452 23,471 10,000 579,994 667,159
31-Mar-2014 GBP 189,478 786,775 217,381 13,955 10,000 652,147 739,312
31-Mar-2013 GBP 153,277 679,246 137,233 22,988 10,000 565,870 653,035
31-Mar-2012 GBP 62,242 622,714 137,387 67,374 10,000 436,308 523,473

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Brenda BAILEY 28 Mar 2024 British 1 - 0

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Robert BAILEY 10 Dec 2013 Director British 1 - 00 (0.0%)
Active Martin James BAILEY 01 Sep 2002 Electronic Engineer British 2 - 00 (0.0%)
Resigned Jeremy Tobin Wyatt MARTIN 06 Apr 1998 04 Aug 1999 Solicitor British 1 - 202 (9.5%)
Resigned Charles John BAILEY 14 Mar 1968 15 Dec 2006 Electrical Engineer British 0 - 40 (0.0%)
Resigned Richard Frederick James BAILEY 14 Mar 1968 24 Jul 2000 Electrical Engineer British 0 - 20 (0.0%)
Number of active directors: 2
Average tenure of active directors: 15.9 years
Average tenure of resigned directors: 0.4 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
TIME ELECTRONICS LIMITED (00904328) - Active
METERONIC LIMITED (00977133) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

TIME ELECTRONICS LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 26511 Manufacture of electronic measuring, testing etc. equipment, not for industrial process control)

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LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
TIME ELECTRONICS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 1.4% 4.2% 5.6% Medium
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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