Timebeat.app Ltd
- Small
- Active
- 4 years
- 2 employees
- £527,046 (assets)
- Virtual address
- 4 directors
- 2 owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Timebeat App Ltd, a small, active company based in London, UK, was founded four years ago and currently employs two people. With £527,046 in assets and a virtual address, the company is managed by four directors and owned by two individuals. It regularly imports electrical machinery and equipment (for four months) and exports clocks, watches, and their parts (for thirteen months).
The company's website, timebeat.app, focuses on providing timing solutions for modern industries. It offers a range of products and services, including GNSS, IEEE1588 Grandmaster Clocks, NTP, PTP Clock Sync Software, and consultancy services. The site highlights its hardware, software, and advisory services, catering to sectors like finance, government, defence, broadcast media, and telecom. It even offers open-source projects and partners with various organizations. The website’s design is modern and technical, emphasizing precision and innovation. It’s clear they’re not an e-commerce business; instead, they offer specialized software and hardware solutions, often requiring consultation and custom implementation.
Financially, Timebeat App Ltd shows some interesting trends. Cash and cash equivalents increased dramatically, jumping 3000% to £490,000. However, this is offset by a significant increase in creditors, rising 130% to £120,000. Net assets also saw a substantial increase, growing 590% to £430,000. Trade debtors decreased, suggesting better collection practices, but the rise in creditors might indicate increased reliance on short-term financing. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the changes in liabilities warrant closer attention. No auditor is mentioned, which is common for small companies exempt from an audit. The company’s retained earnings have increased substantially, which is a good sign. Overall, Timebeat App Ltd seems to be growing, but it’s important to monitor its debt levels to ensure sustainable growth.
Registered in England/Wales under the registration number 13059118, with a registered address at W1W 6XH, United Kingdom, London, 101 New Cavendish Street, 1st Floor South.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Gough Ian Patrick
- 4 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- Johnsen Lasse Limkilde
- 4 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- Covington Kevin John
- 10 months
- 2
-
Resident of United Kingdom
-
Individual
- Snowdon David Charles Ambler
- 10 months
- 1
-
Resident of Australia
-
Individual
- Gough Ian Patrick
- 3 years
-
Resident of United Kingdom
-
Individual
- Johnsen Lasse Limkilde
- 4 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Director's details changed for Mr Ian Patrick Gough on 2025-02-05Download 2 pages pdf report
-
Change of details for Mr Ian Patrick Gough as a person with significant control on 2025-02-05Download 2 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Timebeat.app Ltd
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