TIMMS CONSTRUCTION LIMITED Financials
- Company number
- 05692394CopyCopy
- Registered office
- Chy-An-Garth, Wheal Venture Road, Carbis Bay, St. Ives, Cornwall TR26 2PQ
- Incorporated
- 31/01/2006
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-44.61%vs 20242024: £306.63K
Total Assets
-11.91%vs 20242024: £844.35K
Cash in Bank
-93.64%vs 20232023: £519.65K
Total Liabilities
20.01%vs 20242024: £478.27K
Employees
0vs 20242024: 4
In 2025, TIMMS CONSTRUCTION LIMITED reported net assets of £169.83K. The same filing shows total assets of £743.79K, cash in bank of £33.07K and total liabilities of £573.97K. Reported headcount was 4 in 2025. Cash in Bank fell from £519.65K in 2023 to £33.07K in 2024 (-93.64%). Okredo holds filed figures for 2021–2025; 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
-44.61%from £306.63K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures TIMMS CONSTRUCTION LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-56.6%vs 2023-34.1% a year compound (CAGR)
Total Assets
-23.4%vs 2023-12.5% a year compound (CAGR)
Total Liabilities
+12.7%vs 2023+6.2% a year compound (CAGR)
Employees
-20%vs 2023-1Biggest increase
Total Liabilities+12.7%
£509.13K in 2023 to £573.97K in 2025
Biggest decrease
Net Assets-56.6%
£391.46K in 2023 to £169.83K in 2025
TIMMS CONSTRUCTION LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TIMMS CONSTRUCTION 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
- 22.83%2025
- 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
- 77.17%2025
- 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
- 6.91%2024
- 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
- 3.92%2024
- 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 TIMMS CONSTRUCTION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 482.07K | 452.01K | 391.46K | 306.63K | 169.83K |
| Total Assets£ | 1.15M | 1.03M | 970.45K | 844.35K | 743.79K |
| Cash in Bank£ | 278.99K | 114.65K | 519.65K | 33.07K | – |
| Total Liabilities£ | 619.94K | 513.57K | 509.13K | 478.27K | 573.97K |
| Employees | 4 | 4 | 5 | 4 | 4 |
TIMMS CONSTRUCTION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TIMMS CONSTRUCTION LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
TIMMS CONSTRUCTION LIMITED reported net assets of £169.83K for 2025. That compares with £306.63K in 2024, a change of -44.61%.
TIMMS CONSTRUCTION LIMITED reported total assets of £743.79K for 2025. That compares with £844.35K in 2024, a change of -11.91%.
TIMMS CONSTRUCTION LIMITED reported cash in bank of £33.07K for 2024. That compares with £519.65K in 2023, a change of -93.64%.
TIMMS CONSTRUCTION LIMITED reported 4 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, TIMMS CONSTRUCTION LIMITED's net assets fell by 56.6%, total assets fell by 23.4%, total liabilities rose by 12.7% and employee numbers fell by 20%. Net assets contracted at 34.1% a year across the two years to 2025, from £391.46K to £169.83K. Reported headcount went from 5 in 2023 to 4 in 2025 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.