Times24 UK Limited
Registered name: TIMES24 UK LIMITED
Part of Park24 Co., Ltd. groupTimes24 UK Limited made £2.6k revenue and £440 profit in the year to 30 Sep 2023.
Times24 UK Limited’s revenue grew 17% to £2.6k in the year to 30 Sep 2023, with £440 profit and 0 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.2k | £2.6k |
| Cost of sales | £3 | £96 |
| Gross profit | £2.2k | £2.5k |
| Operating profit | −£335 | £440 |
| Profit before tax | −£334 | £440 |
| Profit after tax | −£334 | £440 |
| Profit (best available) | −£334 | £440 |
| Employees (average) | — | 0 |
| Ratios | ||
| Profit margin | −14.9% | 16.8% |
| Gross margin | 99.9% | 96.3% |
| Growth (year on year) | ||
| Revenue growth | — | ▲17% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.4k | £5.9k |
| Net assets | −£18 | £422 |
| Fixed assets | £300 | £0 |
| Current assets | £11.3k | £15.1k |
| Debtors | £2.1k | £7.1k |
| Deferred income | £809 | £1.4k |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 16.8%
- Profit ÷ revenue.
- Gross margin
- 96.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 53.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 271.8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £422
- Cash at bank
- ▲36%
- Now £5.9k
- Headcount
- —
- Now 0
- Deferred income
- ▲73%
- Now £1.4k
- Fixed assets
- ▼100%
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Park24 Co., Ltd. (registered outside the UK register)ultimate parent75–100%
- Park24 International Limited50–75%
- Meif II CP Holdings 2 Limited75–100%
- Times24 UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- S&K Car Park Management LtdFigures not disclosed
Sister companies (1)
- Meif II CP Holdings 3 LimitedIn AdministrationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2023 (profit £440), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.