Time Systems (uk) Limited

Time Systems (UK) Limited, based in Wavendon, Milton Keynes, is a small, active company established 38 years ago in 1987. Employing 16 people, the company holds £931,394 in assets and operates from a real address. With two directors and two owners, it runs an e-commerce site specializing in time and attendance solutions, boasting a 2.0 Google rating from 58 reviews. The company regularly imports clocks, watches, and their parts, with the latest import activity recorded in February 2025.

The website, Clocking In Machines, highlights the company's focus on providing clocking-in systems for businesses. It offers a wide range of biometric, fingerprint, and proximity clocking machines, alongside accessories and software. The site emphasizes its expertise in workforce management and offers solutions for businesses of all sizes. They even offer a mobile app for clocking in.

Financially, Time Systems (UK) Limited shows some concerning trends. Current assets have fallen by 11%, to £930,000, while net assets have also dropped by 8.1% to £1,200,000. Bank borrowings have increased significantly, and cash reserves have decreased by 8.4% to £720,000. Trade debtors have fallen by 16%, which could be a positive sign of improved collections, but creditors have also increased by 3.6%. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The company’s financial data, as reported by Michael J Emery & Co Limited, suggests a period of adjustment. While the business maintains a solid base, the decline in assets and cash reserves warrants close monitoring. It’s likely that the company is facing increased competition or experiencing shifts in customer demand—but more data is needed to confirm this.

Registered in England/Wales under the registration number 02110018, with a registered address at MK17 8AA, Wavendon, Milton Keynes, Systems House, Newport Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.