TIMESTAR DEVELOPMENTS LIMITED

Company number 02548885 · Active · Newcastle Upon Tyne NE15 8LN

C
Firmoscan score 58/100

TIMESTAR DEVELOPMENTS LIMITED is an active private limited company (company number 02548885) incorporated on 16 October 1990, registered in Newcastle Upon Tyne. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest small accounts cover the period ending 31 December 2024, showing net assets of £16k and cash of £15k, with 2 employees on average. Net assets fell 54% on the prior period (£36k).

By net assets it sits in the upper half of 146 comparable companies in Newcastle (median £5,656, upper quartile £37k).

Key dates

Incorporated
16 October 1990
Next accounts due
30 September 2026 — 18 days overdue
Confirmation statement due
30 October 2026 — in 12 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 71121
Engineering design activities for industrial process and production
SIC 71122
Engineering related scientific and technical consulting activities
SIC 71129
Other engineering activities
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 31 December 2024

Net assets
Net assetsDec 2023: £36k; Dec 2024: £16k£36k£16kDec 2023Dec 2024
Cash at bank
Cash at bankDec 2023: £46k; Dec 2024: £15k£46k£15kDec 2023Dec 2024
Average employees
Average employeesDec 2023: 2; Dec 2024: 222Dec 2023Dec 2024
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 December 2024£16k£15k£10k£9,654——2
31 December 2023£36k£46k£844£13k——2
Current ratio
2.61 — comfortable
Cash per employee
£7,546

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 58/100 (grade C)

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.

Ownership and control

  • Mr Kenneth William Wood — owns 50–75% of shares · since 6 April 2016

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Similar companies in Newcastle

Same activity (engineering design activities for industrial process and production), closest in incorporation date.

Reminders for TIMESTAR DEVELOPMENTS LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.