TIME TO ACT PLC

1. TIME TO ACT PLC 2023-11-01 → present
2. TIME TO ACT LIMITED 2019-10-12 → 2023-11-01
3. GREENSPUR RENEWABLES LIMITED 2011-07-05 → 2019-10-12

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is supported by the Time To ACT plc Group (the 'Group'). The Group has net current assets of £783,421 (2024: £1,720,067) which includes cash at bank of £964,555 (2024: £1,887,904). The directors believe the Group is a going concern. The Group forecasts, which take into account possible changes in activity, show the Group is able to continue to trade for a period of at least twelve months from the date that the financial statements are signed. Time To ACT plc, as of 29th May 2024, is listed on the Aquis Stock Exchange and therefore has the platform to raise additional funds if required. This is demonstrated by the fundraise in May 2025. The Group also considers other sources of potentially available finance when conducting its going concern review. These include, bank lending, grant funding, shareholder raises, strategic partnerships and other sources. The financial statements have therefore been prepared on a going concern basis.”

Group structure

1. TIME TO ACT PLC · parent
   1. Diffusion Alloys Holdings Limited 100%
   2. Diffusion Alloys (UK) Limited 100% · provision of aluminising, coating and heat treatments on a range of metal products and sale and license of related technology
   3. GreenSpur Wind Limited 100% · focused on serving the wind turbine industry
   4. Teesside Magnetics Limited 100%

Significant events

• “In May 2024, Time To ACT plc listed on the Aquis Stock Exchange. Upon the IPO, 1,384,645 new Ordinary shares were issued at 40p per share due to the conversion of existing convertible loans and 80,000 new Ordinary shares were issued at 50p per share.”
• “Subsequent to the year end, in May 2025, the Group raised £274,000 through the issue of 685,000 new Ordinary shares, at a price of 40p per share. This included £200,000 from Puma AIM VCT plc.”
• “On 19 September 2025, Diffusion Alloys (UK) Limited agreed Heads of Terms on the disposal of £1m of surplus coating compound held as stock with a balance sheet value of zero. The transaction is expected to close in the coming weeks.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +20.6%

  £1,891,066 → £2,281,394

• Cash

  -48.9%

  £1,887,904 → £964,555

• Net assets

  -26.4%

  £1,327,236 → £976,378

• Employees

  -3.3%

  30 → 29

• Operating profit

  +17.8%

  -£1,164,764 → -£957,015

• Profit before tax

  +17.3%

  -£1,263,854 → -£1,045,499

• Wages

  -1.3%

  £1,301,845 → £1,285,274

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers