# ON-TIME ELECTRONICS & ENTERTAINMENTS LIMITED (03423862)

> ON-TIME ELECTRONICS & ENTERTAINMENTS LIMITED is an active private limited company (company number 03423862) incorporated on 22 August 1997. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£59k, with 1 employee on average. Turnover was £0 and profit for the year −£3,429. Net assets fell 7% on the prior period (−£56k).

- Status: Active
- Incorporated: 1997-08-22
- Registered office: LE5 2GA
- SIC 62012: Business and domestic software development
- SIC 62020: Information technology consultancy activities
- SIC 62090: Other information technology service activities
- SIC 90010: Performing arts
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-05
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 517 comparable companies in Leicester (median £2,437, upper quartile £34k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | −£59k | — | — | £9,848 | £0 | −£3,429 | 1 |
| 2024-08-31 | −£56k | — | — | £9,879 | £0 | −£1,937 | — |

current ratio 0.05; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-59,342 at 31 August 2025
- Current assets below creditors within one year: Current ratio 0.05
- Incorporated five or more years ago: Incorporated 22 August 1997

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Keith Andrew Ballard — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors; has significant influence or control, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03423862
HTML: https://firmoscan.com/company/03423862-on-time-electronics-entertainments-limited