timeline holdings limited
timeline holdings limited Company Information
Company Number
13266210
Website
-Registered Address
70 gracechurch street, london, EC3V 0HR
Industry
Business and domestic software development
Other software publishing
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
abraham okusanya 33%
fpci blackfin tech 2 23.1%
View Alltimeline holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TIMELINE HOLDINGS LIMITED at £2.4m based on a Turnover of £3m and 0.8x industry multiple (adjusted for size and gross margin).
timeline holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TIMELINE HOLDINGS LIMITED at £0 based on an EBITDA of £-2.9m and a 5.41x industry multiple (adjusted for size and gross margin).
timeline holdings limited Estimated Valuation
Pomanda estimates the enterprise value of TIMELINE HOLDINGS LIMITED at £25.9m based on Net Assets of £12.6m and 2.06x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Timeline Holdings Limited Overview
Timeline Holdings Limited is a live company located in london, EC3V 0HR with a Companies House number of 13266210. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2021, it's largest shareholder is abraham okusanya with a 33% stake. Timeline Holdings Limited is a startup, small sized company, Pomanda has estimated its turnover at £3m with unknown growth in recent years.
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Timeline Holdings Limited Health Check
Pomanda's financial health check has awarded Timeline Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £3m, make it smaller than the average company (£5.1m)
£3m - Timeline Holdings Limited
£5.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Timeline Holdings Limited
- - Industry AVG
Production
with a gross margin of 89.8%, this company has a lower cost of product (73.2%)
89.8% - Timeline Holdings Limited
73.2% - Industry AVG
Profitability
an operating margin of -122.3% make it less profitable than the average company (3.6%)
-122.3% - Timeline Holdings Limited
3.6% - Industry AVG
Employees
with 34 employees, this is below the industry average (43)
34 - Timeline Holdings Limited
43 - Industry AVG
Pay Structure
on an average salary of £91.9k, the company has an equivalent pay structure (£78.1k)
£91.9k - Timeline Holdings Limited
£78.1k - Industry AVG
Efficiency
resulting in sales per employee of £87.9k, this is less efficient (£140.5k)
£87.9k - Timeline Holdings Limited
£140.5k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (59 days)
84 days - Timeline Holdings Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 407 days, this is slower than average (38 days)
407 days - Timeline Holdings Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Timeline Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 356 weeks, this is more cash available to meet short term requirements (16 weeks)
356 weeks - Timeline Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.6%, this is a lower level of debt than the average (59.8%)
10.6% - Timeline Holdings Limited
59.8% - Industry AVG
TIMELINE HOLDINGS LIMITED financials
Timeline Holdings Limited's latest turnover from December 2023 is £3 million and the company has net assets of £12.6 million. According to their latest financial statements, Timeline Holdings Limited has 34 employees and maintains cash reserves of £10 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 2,988,286 | 1,010,224 | 242,631 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 306,058 | 111,851 | 918,739 |
| Gross Profit | 2,682,228 | 898,373 | -676,108 |
| Admin Expenses | 6,336,232 | 4,365,803 | 68,256 |
| Operating Profit | -3,654,004 | -3,467,430 | -744,364 |
| Interest Payable | 1,463 | 799 | 224 |
| Interest Receivable | 0 | 13 | 0 |
| Pre-Tax Profit | -3,655,467 | -3,468,216 | -744,588 |
| Tax | 147,868 | 101,555 | 0 |
| Profit After Tax | -3,507,599 | -3,366,661 | -744,588 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | -3,507,599 | -3,366,661 | -744,588 |
| Employee Costs | 3,122,946 | 2,040,186 | 567,696 |
| Number Of Employees | 34 | 28 | 14 |
| EBITDA* | -2,853,986 | -2,666,620 | -739,208 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 12,088 | 3,773 | 6,422 |
| Intangible Assets | 2,387,442 | 3,183,256 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,399,530 | 3,187,029 | 6,422 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 692,726 | 87,389 | 508 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 966,755 | 122,050 | 20,814 |
| Cash | 10,039,565 | 3,068,313 | 1,639,202 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 11,699,046 | 3,277,752 | 1,660,524 |
| total assets | 14,098,576 | 6,464,781 | 1,666,946 |
| Bank overdraft | 0 | 0 | 10,000 |
| Bank loan | 19,500 | 19,500 | 0 |
| Trade Creditors | 341,621 | 33,294 | 28,010 |
| Group/Directors Accounts | 3,063 | 3,063 | 3,152 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 1,100,648 | 249,272 | 2,337,280 |
| total current liabilities | 1,464,832 | 305,129 | 2,378,442 |
| loans | 29,000 | 48,500 | 31,667 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 29,000 | 48,500 | 31,667 |
| total liabilities | 1,493,832 | 353,629 | 2,410,109 |
| net assets | 12,604,744 | 6,111,152 | -743,163 |
| total shareholders funds | 12,604,744 | 6,111,152 | -743,163 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -3,654,004 | -3,467,430 | -744,364 |
| Depreciation | 4,204 | 4,996 | 5,156 |
| Amortisation | 795,814 | 795,814 | 0 |
| Tax | 147,868 | 101,555 | 0 |
| Stock | 0 | 0 | 0 |
| Debtors | 1,450,042 | 188,117 | 21,322 |
| Creditors | 308,327 | 5,284 | 28,010 |
| Accruals and Deferred Income | 851,376 | -2,088,008 | 2,337,280 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | -2,996,457 | -4,835,906 | 1,604,760 |
| Investing Activities | |||
| capital expenditure | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 |
| Financing Activities | |||
| Bank loans | 0 | 19,500 | 0 |
| Group/Directors Accounts | 0 | -89 | 3,152 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | -19,500 | 16,833 | 31,667 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | -1,463 | -786 | -224 |
| cash flow from financing | 9,980,228 | 10,256,434 | 36,020 |
| cash and cash equivalents | |||
| cash | 6,971,252 | 1,429,111 | 1,639,202 |
| overdraft | 0 | -10,000 | 10,000 |
| change in cash | 6,971,252 | 1,439,111 | 1,629,202 |
timeline holdings limited Credit Report and Business Information
Timeline Holdings Limited Competitor Analysis
Perform a competitor analysis for timeline holdings limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
timeline holdings limited Ownership
TIMELINE HOLDINGS LIMITED group structure
Timeline Holdings Limited has 2 subsidiary companies.
Ultimate parent company
TIMELINE HOLDINGS LIMITED
13266210
2 subsidiaries
timeline holdings limited directors
Timeline Holdings Limited currently has 5 directors. The longest serving directors include Mr Abraham Okusanya (Mar 2021) and Mr Muhammad Mustaffa (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abraham Okusanya | England | 42 years | Mar 2021 | - | Director |
| Mr Muhammad Mustaffa | England | 34 years | Mar 2022 | - | Director |
| Mr Adam Seale | Uk | 64 years | Mar 2022 | - | Director |
| Mr Kevin McLoughlin | England | 65 years | Apr 2022 | - | Director |
| Mr Loic Fonteneau | France | 44 years | Sep 2023 | - | Director |
P&L
December 2023turnover
3m
+196%
operating profit
-3.7m
+5%
gross margin
89.8%
+0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.6m
+1.06%
total assets
14.1m
+1.18%
cash
10m
+2.27%
net assets
Total assets minus all liabilities
Similar Companies
timeline holdings limited company details
company number
13266210
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
58290 - Other software publishing
incorporation date
March 2021
age
3
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
JS AUDIT LTD
address
70 gracechurch street, london, EC3V 0HR
Bank
-
Legal Advisor
-
timeline holdings 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 found 1 charges/mortgages relating to timeline holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
timeline holdings limited Companies House Filings - See Documents
| date | description | view/download |
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