# TIME SHIPPING LIMITED (14502061)

> TIME SHIPPING LIMITED is an active private limited company (company number 14502061) incorporated on 23 November 2022, registered in London. Its registered activity is sea and coastal freight water transport (SIC 50200). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£40k and cash of £520k, with 6 employees on average. Net assets rose 89% on the prior period (−£357k).

- Status: Active
- Incorporated: 2022-11-23
- Registered office: London, WC1H 9BQ
- SIC 50200: Sea and coastal freight water transport
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-07
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 318 comparable companies in London (median £3,151, upper quartile £98k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£40k | £520k | £12k | £39k | — | — | 6 |
| 2023-12-31 | −£357k | £513k | £109k | £40k | — | — | 3 |

current ratio 140.8; size band micro.

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

- Net assets below zero: Net assets £-39,730 at 31 December 2024
- Net assets up 10% or more on the prior period: +88.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 140.8
- Cash at bank of £50,000 or more: Cash £520,382
- Incorporated two to five years ago: Incorporated 23 November 2022
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Andy Kwon — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-05-03

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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/14502061
HTML: https://firmoscan.com/company/14502061-time-shipping-limited