TIME COMMUNICATION SOLUTIONS LIMITED Financials
- Company number
- 04164139CopyCopy
- Registered office
- 5 New Market Mews, Castlegate Stanley, Wakefield WF3 4AL
- Incorporated
- 20/02/2001
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
25.87%vs 20232023: £13.94K
Total Assets
-16.61%vs 20232023: £163.12K
Cash in Bank
First reported yearTotal Liabilities
-20.58%vs 20232023: £149.18K
Employees
-1vs 20232023: 10
In 2024, TIME COMMUNICATION SOLUTIONS LIMITED reported net assets of £17.55K. The same filing shows total assets of £136.03K, cash in bank of £77.92K and total liabilities of £118.48K. Reported headcount was 9 in 2024. Total Liabilities fell from £149.18K in 2023 to £118.48K in 2024 (-20.58%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
25.87%from £13.94K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures TIME COMMUNICATION SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+15%vs 2022+7.2% a year compound (CAGR)
Total Assets
-3.6%vs 2022-1.8% a year compound (CAGR)
Total Liabilities
-5.8%vs 2022-3% a year compound (CAGR)
Employees
-10%vs 2022-1Biggest increase
Net Assets+15%
£15.26K in 2022 to £17.55K in 2024
Biggest decrease
Employees-10%
10 in 2022 to 9 in 2024
TIME COMMUNICATION SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TIME COMMUNICATION SOLUTIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 12.90%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 87.10%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 54.89%2021
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 50.08%2021
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TIME COMMUNICATION SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 13.61K | 15.26K | 13.94K | 17.55K |
| Total Assets£ | 155.57K | 141.09K | 163.12K | 136.03K |
| Cash in Bank£ | 77.92K | – | – | – |
| Total Liabilities£ | 141.96K | 125.83K | 149.18K | 118.48K |
| Employees | 10 | 10 | 10 | 9 |
TIME COMMUNICATION SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TIME COMMUNICATION SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TIME COMMUNICATION SOLUTIONS LIMITED reported net assets of £17.55K for 2024. That compares with £13.94K in 2023, a change of 25.87%.
TIME COMMUNICATION SOLUTIONS LIMITED reported total assets of £136.03K for 2024. That compares with £163.12K in 2023, a change of -16.61%.
TIME COMMUNICATION SOLUTIONS LIMITED reported cash in bank of £77.92K for 2021. There is no earlier filing to compare it against.
TIME COMMUNICATION SOLUTIONS LIMITED reported 9 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, TIME COMMUNICATION SOLUTIONS LIMITED's net assets rose by 15%, total assets fell by 3.6%, total liabilities fell by 5.8% and employee numbers fell by 10%. Net assets compounded at 7.2% a year across the two years to 2024, from £15.26K to £17.55K. Reported headcount went from 10 in 2022 to 9 in 2024 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.