Ideal Time Limited
Registered name: IDEAL TIME LIMITED
Part of Hole Masters Holdings 2022 Limited groupIdeal Time Limited does not publish its revenue or profit. Its accounts to 30 Jun 2024 show net assets of -£734k and 1 employee.
Ideal Time Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 30 Jun 2024 showed net assets of −£734k and 1 employee. The company is classified under “activities of head offices” and is based in Blackpool; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Blackpool, North West
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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. From the filing: “D Rickus is the ultimate controlling party by virtue of his 100% shareholding in Holemasters Holdings 2022 Limited.”
Key figures
Revenue not disclosed
Ideal Time Limited’s accounts for the year to 30 Jun 2024 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 1
- Net assets
- −£734k
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | No P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.4m | £17.5m | — |
| Cost of sales | £9.7m | £10.8m | — |
| Gross profit | £5.8m | £6.7m | — |
| Operating profit | £659k | £883k | — |
| Profit before tax | £568k | £789k | — |
| Profit after tax | £450k | £604k | — |
| Profit (best available) | £450k | £604k | — |
| Staff costs | £119k | £108k | — |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 2.9% | 3.5% | — |
| Gross margin | 37.3% | 38.3% | — |
| Revenue per employee | £15.4m | £17.5m | — |
| Profit per employee | £450k | £604k | — |
| Cash conversion | −30.3% | — | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲13% | — |
| Profit growth | — | ▲34.2% | — |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £596k | £323k | £487k |
| Net assets | £3.8m | £3.9m | −£734k |
| Fixed assets | £10.4m | £10.4m | £3.3m |
| Current assets | £616k | £536k | £982k |
| Debtors | £0 | £0 | £300k |
| Deferred income | £7k | £10.2k | — |
| Cash from operations | −£200k | — | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jun 2025 |
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
- ▼119%
- Now −£734k
- Cash at bank
- ▲51%
- Now £487k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼68%
- Now £3.3m
Group structure
Ownership chain
- Hole Masters Holdings 2022 Limitedultimate parent75–100%
- Ideal Time Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Futureplus LimitedFigures not disclosed
- Holemasters Holdings LimitedFigures not disclosed
- Holemasters LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024, from the Companies House accounts bulk data published Jun 2025. 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.