−£365k
vs Mar 2024Active06155866Private limited companySevenoaks
FORMULA TIME SYSTEMS LTD
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
FORMULA TIME SYSTEMS LTD is an active private limited company (company number 06155866) incorporated on 13 March 2007, registered in Sevenoaks. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£365k and cash of £1,556, with 0 employees on average. Net assets fell 1% on the prior period (−£361k).
Peer position · net assets
By net assets it sits in the bottom quarter of 953 comparable companies in Kent (median £1,979, upper quartile £32k).
02
Key dates
- Incorporated
- 13 March 200719 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 27 March 2027in 156 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£1,556
+2892%vs Mar 2024Not reported
0
vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£365k | £1,556 | £5,543 | — | — | — | 0 |
| 31 March 2024 | −£361k | £52 | £3,281 | — | — | — | 0 |
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Filing and accounts signals
- Net assets below zeroNet assets £-364,891 at 31 March 2025
- Incorporated five or more years agoIncorporated 13 March 2007
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
06
Ownership and control
- Mr Christopher John Webster
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 156 days
- Next accounts duein 70 days
- Accounts period endNet liabilities £365k · small accounts
- Accounts period endNet liabilities £361k · small accounts
- Incorporated
08
Similar companies in Kent
- ESCA CORP LTDEdenbridge · inc. Mar 2007
- THINKING ALLY LIMITEDMaidstone · inc. Mar 2007
- ATOM JUICE LIMITEDMaidstone · inc. Mar 2007
- BCTEC LIMITEDGillingham · inc. Feb 2007
- PRATER RAINES LIMITEDFolkestone · inc. Feb 2007
- FUSILLI LIMITEDWesterham · inc. Jan 2007
All companies incorporated on 13 March 2007 · in Mar 2007.
09
Reminders for FORMULA TIME SYSTEMS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.