UK Companies House feature
TIME FINANCE PLC
Profile
- Company number
- 05845866
- Status
- Active
- Incorporation
- 2006-06-14
- Last accounts made up
- 2025-05-31
- Account category
- GROUP
- Primary SIC
- 64991
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors, therefore, consider the going concern basis of accounting to be appropriate. Based on this review, the Committee has a reasonable expectation that the Group has adequate resources to continue in existence for the foreseeable future and has concluded it is appropriate to adopt the going concern basis of accounting in the preparation of the financial statements.”
Subsidiaries
- Time Broker Finance Limited · 1% held · England · Asset Finance
- Time Vendor Finance Limited · 1% held · England · Asset Finance
- Time Hard Asset Finance Limited · 1% held · England · Asset Finance
- Time Property Finance Limited · 1% held · England · Commercial Loans
- Time Invoice Finance Limited · 1% held · England · Invoice Finance
- Time Commercial Finance Ltd · 1% held · England · Holding company
Significant events
- “The turbulent macro-economic conditions led to an increase in insolvencies across the wider SME market, with client attrition proving to be a drag on client numbers growth.”
- “The Asset Finance division faced challenges including a high-profile Supreme Court ruling around commission disclosure in the Motor Finance sector (though risk to Time Finance was minor) and disruption from moving premises.”
- “A new front-office system was installed in the Asset Finance division during the later part of the financial year.”
- “Over £8,000 was raised through various events, including a 17 strong team football tournament held in Manchester, bake off challenges, cross country runs and a 'Tough Mudder', for 'The Ben Saunders Foundation'.”
- “The UK economy faced significant uncertainty from the COVID-19 pandemic, a general election and subsequent change of Government, macro-economic challenges with higher-than-expected inflation, supply chain difficulties and tightening credit conditions leading to an increase in insolvencies.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROBERTS, James Matthew Arthur | Secretary | 2022-04-14 | — | — |
| HIRD, Paul Grant Self | Director | 2023-09-19 | Mar 1959 | British |
| RAYNES, Tanya | Director | 2021-03-25 | Jan 1971 | British |
| RIMMER, Edward John | Director | 2021-02-19 | Jul 1972 | British |
| ROBERTS, James Matthew Arthur | Director | 2017-05-02 | Sep 1977 | British |
| WATKINSON, Tracy Elaine | Director | 2023-09-19 | Jul 1976 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENSON, James Peter | Secretary | 2006-07-03 | 2007-05-17 |
| BODEY, Jennifer | Secretary | 2018-06-01 | 2022-04-14 |
| CASE, Thomas Richard | Secretary | 2014-10-17 | 2018-06-01 |
| CHANNON, Rodney Owen | Secretary | 2007-05-17 | 2014-10-17 |
| WOLOSCHUK, Jennifer | Secretary | 2022-09-13 | 2022-09-13 |
| IMCO SECRETARY LIMITED | Corporate Secretary | 2006-06-14 | 2006-07-03 |
| BENSON, James Peter | Director | 2006-07-03 | 2007-03-19 |
| CHANNON, Rodney Owen | Director | 2007-05-17 | 2014-10-17 |
| CONNELL, Paul David | Director | 2007-10-18 | 2009-05-29 |
| GREY, Stephen Martin | Director | 2006-07-03 | 2007-03-19 |
| JACQUES, Hazel | Director | 2015-08-26 | 2017-03-24 |
| JOHNSON, Michael Richard | Director | 2007-02-09 | 2013-09-10 |
| LEWIS, Maria-Louise | Director | 2007-10-01 | 2016-01-15 |
| NEWMAN, John | Director | 2015-08-26 | 2021-10-21 |
| NOLAN, Michael Francis | Director | 2015-08-26 | 2018-01-01 |
| RIMMER, Edward John | Director | 2017-06-08 | 2020-04-30 |
| RUSSELL, Ronald | Director | 2009-10-01 | 2023-11-07 |
| RUSSELL, Ronald | Director | 2009-05-29 | 2009-10-01 |
| SMITH, Richard Ian | Director | 2014-01-27 | 2021-02-27 |
| STICKLEY, John David George | Director | 2006-07-03 | 2007-05-31 |
| TELLING, Julian Philip | Director | 2015-08-26 | 2023-11-07 |
| WALKER, Helen Margaret | Director | 2008-11-11 | 2017-05-18 |
| WILLIAMS, Anthony Ffrancon | Director | 2006-07-03 | 2007-10-18 |
| IMCO DIRECTOR LIMITED | Corporate Director | 2006-06-14 | 2006-07-03 |
| IMCO SECRETARY LIMITED | Corporate Director | 2006-06-14 | 2006-07-03 |
Ownership
Persons with significant control
No PSC data extracted yet.
Filing timeline
Last 20 of 200 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-29 | AA | accounts | accounts with accounts type group |
| 2025-06-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-04 | AA | accounts | accounts with accounts type group |
| 2024-06-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-11-17 | RESOLUTIONS | resolution | resolution |
| 2023-11-14 | AA | accounts | accounts with accounts type group |
| 2023-11-07 | TM01 | officers | termination director company with name termination date |
| 2023-11-07 | TM01 | officers | termination director company with name termination date |
| 2023-09-22 | AP01 | officers | appoint person director company with name date |
| 2023-09-22 | AP01 | officers | appoint person director company with name date |
| 2023-06-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-07 | AD02 | address | change sail address company with old address new address |
| 2022-11-11 | AA | accounts | accounts with accounts type group |
| 2022-09-16 | TM02 | officers | termination secretary company with name termination date |
| 2022-09-13 | AP03 | officers | appoint person secretary company with name date |
| 2022-06-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-04-25 | AP03 | officers | appoint person secretary company with name date |
| 2022-04-22 | TM02 | officers | termination secretary company with name termination date |
| 2021-11-11 | AA | accounts | accounts with accounts type group |
| 2021-11-03 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.