timec 1526 limited
timec 1526 limited Company Information
Company Number
09861359
Next Accounts
Dec 2025
Shareholders
margery nicholson
david william nicholson
View AllGroup Structure
View All
Industry
Dormant Company
Registered Address
hadrian offices 3 keel row, the watermark, gateshead, tyne and wear, NE11 9SZ
Website
-timec 1526 limited Estimated Valuation
Pomanda estimates the enterprise value of TIMEC 1526 LIMITED at £0 based on a Turnover of £28.8k and 0x industry multiple (adjusted for size and gross margin).
timec 1526 limited Estimated Valuation
Pomanda estimates the enterprise value of TIMEC 1526 LIMITED at £0 based on an EBITDA of £-65 and a 1.45x industry multiple (adjusted for size and gross margin).
timec 1526 limited Estimated Valuation
Pomanda estimates the enterprise value of TIMEC 1526 LIMITED at £4.1k based on Net Assets of £5.1k and 0.81x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Timec 1526 Limited Overview
Timec 1526 Limited is a live company located in gateshead, NE11 9SZ with a Companies House number of 09861359. It operates in the dormant company sector, SIC Code 99999. Founded in November 2015, it's largest shareholder is margery nicholson with a 23.8% stake. Timec 1526 Limited is a established, micro sized company, Pomanda has estimated its turnover at £28.8k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Timec 1526 Limited Health Check
Pomanda's financial health check has awarded Timec 1526 Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £28.8k, make it smaller than the average company (£8m)
- Timec 1526 Limited
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of 70%, show it is growing at a faster rate (7.7%)
- Timec 1526 Limited
7.7% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (34.1%)
- Timec 1526 Limited
34.1% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4.6%)
- Timec 1526 Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (62)
- Timec 1526 Limited
62 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
- Timec 1526 Limited
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £28.8k, this is less efficient (£181.3k)
- Timec 1526 Limited
£181.3k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (38 days)
- Timec 1526 Limited
38 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Timec 1526 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Timec 1526 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Timec 1526 Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Timec 1526 Limited
- - Industry AVG
TIMEC 1526 LIMITED financials
Timec 1526 Limited's latest turnover from March 2024 is estimated at £28.8 thousand and the company has net assets of £5.1 thousand. According to their latest financial statements, we estimate that Timec 1526 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 5,082 | 5,147 | 5,147 | 82,017 | |||||
| Group Debtors | |||||||||
| Misc Debtors | 849 | 537 | 649 | 1,006,949 | 1,000,000 | ||||
| Cash | 67,034 | 69,542 | 72,244 | 91,726 | 25,867 | ||||
| misc current assets | |||||||||
| total current assets | 5,082 | 5,147 | 5,147 | 67,883 | 70,079 | 154,910 | 91,726 | 1,032,816 | 1,000,000 |
| total assets | 5,082 | 5,147 | 5,147 | 67,883 | 70,079 | 154,910 | 91,726 | 1,032,816 | 1,000,000 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,626 | 82,827 | 12,665 | ||||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 1,906 | 19,362 | 999,289 | 975,000 | |||||
| total current liabilities | 1,626 | 84,733 | 19,362 | 1,011,954 | 975,000 | ||||
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 1,626 | 84,733 | 19,362 | 1,011,954 | 975,000 | ||||
| net assets | 5,082 | 5,147 | 5,147 | 66,257 | 70,079 | 70,177 | 72,364 | 20,862 | 25,000 |
| total shareholders funds | 5,082 | 5,147 | 5,147 | 66,257 | 70,079 | 70,177 | 72,364 | 20,862 | 25,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -65 | 4,298 | 312 | -82,129 | 82,666 | -1,006,949 | 6,949 | 1,000,000 | |
| Creditors | -1,626 | 1,626 | -82,827 | 82,827 | -12,665 | 12,665 | |||
| Accruals and Deferred Income | -1,906 | -17,456 | -979,927 | 24,289 | 975,000 | ||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -67,034 | -2,508 | -2,702 | -19,482 | 65,859 | 25,867 | |||
| overdraft | |||||||||
| change in cash | -67,034 | -2,508 | -2,702 | -19,482 | 65,859 | 25,867 |
timec 1526 limited Credit Report and Business Information
Timec 1526 Limited Competitor Analysis
Perform a competitor analysis for timec 1526 limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in NE11 area or any other competitors across 12 key performance metrics.
timec 1526 limited Ownership
TIMEC 1526 LIMITED group structure
Timec 1526 Limited has no subsidiary companies.
Ultimate parent company
TIMEC 1526 LIMITED
09861359
timec 1526 limited directors
Timec 1526 Limited currently has 2 directors. The longest serving directors include Mr David Nicholson (Nov 2015) and Mr Ian Watson (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Nicholson | 74 years | Nov 2015 | - | Director | |
| Mr Ian Watson | 62 years | Nov 2015 | - | Director |
P&L
March 2024turnover
28.8k
+1%
operating profit
-65
0%
gross margin
18.4%
+0.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.1k
-0.01%
total assets
5.1k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
timec 1526 limited company details
company number
09861359
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
hadrian offices 3 keel row, the watermark, gateshead, tyne and wear, NE11 9SZ
Bank
-
Legal Advisor
-
timec 1526 limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to timec 1526 limited.
timec 1526 limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for TIMEC 1526 LIMITED. This can take several minutes, an email will notify you when this has completed.
timec 1526 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
