Formula Time Systems Ltd in Sevenoaks, TN13 1DB

Description

Data updated on: 01-11-2023

This particular firm is based in Sevenoaks with reg. no. 06155866. The firm was set up in the year 2007. The office of the company is located at Room 2, 1st Floor 7 Blighs Walk. The postal code for this location is TN13 1DB. Its listed name change from Formula Ta to Formula Time Systems Ltd occurred on 2012/08/17. The company's declared SIC number is 62012 which means Business and domestic software development. Formula Time Systems Limited released its latest accounts for the period up to 2022-03-31. The most recent confirmation statement was submitted on 2023-03-13.

There is a solitary managing director at the moment running this particular limited company, namely Christopher W. who's been performing the director's tasks for seventeen years. For three years Adam B., had fulfilled assigned duties for the limited company up to the moment of the resignation in March 2019. In order to find professional help with legal documentation, the abovementioned limited company has been utilizing the skills of Maureen W. as a secretary since the appointment on 2007/03/13.

Previous company's names
Formula Time Systems Ltd 2012-08-17
Formula Ta Ltd 2007-03-13

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	7 132	146	10 185	424	501	126

Balance Sheet
Cash Bank In Hand	18 991	2 203	10 294	11 450	11 880	1 459
Cash Bank On Hand						1 459	3 250
Current Assets	26 111	3 703	15 455	11 450	12 133	17 617	23 223	17 549	6 102	13 196	10 393	3 648
Debtors	7 120	1 500	5 161		253	12 877	11 364	15 274	4 381	12 867	8 646	3 648	711
Net Assets Liabilities								-160 426	-246 082	-297 357	-326 738
Other Debtors						3 422	2 364	2 364	2 017	2 238	2 364	756	2 364
Property Plant Equipment						1 540	3 333	8 282	3 637	1 331	429	939
Tangible Fixed Assets	0	413	3 259	1 526	547	1 540
Net Assets Liabilities Including Pension Asset Liability	7 132	146

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	7 032	46	10 085	324	401	26
Shareholder Funds	7 132	146	10 185	424	501	126

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						5 838	6 865	5 769	4 643	6 949	7 851	8 750	9 649
Average Number Employees During Period							2	3	3	2	2	2
Bank Borrowings Overdrafts								14 693	13 565	11 643	23 887	24 042	22 800
Creditors						19 031	85 373	186 257	45 746	38 002	337 560	352 973	358 678
Creditors Due Within One Year		3 970	8 529	12 552	12 179	19 031
Debtors Due After One Year						-3 422
Disposals Decrease In Depreciation Impairment Property Plant Equipment								5 471	8 345
Disposals Property Plant Equipment								5 471	8 345
Increase From Depreciation Charge For Year Property Plant Equipment							1 027	4 375	7 219	2 306	902	899	899
Net Current Assets Liabilities	7 132	-267	6 926	-1 102	-46	-1 414	-62 150	-168 708	-203 973	-260 686	-327 167	-349 325	-355 603
Number Shares Allotted			100	100	100	100
Number Shares Issued Fully Paid							1	1	1	1	1	1	1
Other Creditors						12 854	73 833	165 362	45 746	38 002	312 356	327 064	334 061
Other Taxation Social Security Payable						6 176	2 586	4 259	9 346	759	939
Par Value Share			1	1	1	1	1	1	1	1	1	1	1
Prepayments Accrued Income Current Asset						3 281
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						3 281	8 609	2 275	1 721	329	1 747
Profit Loss							-58 944	-101 609	-85 656	-51 275	-29 381	-21 648	-7 177
Property Plant Equipment Gross Cost						7 378	10 198	14 051	8 280	8 280	8 280	9 689
Share Capital Allotted Called Up Paid		100	100	100	100	100
Tangible Fixed Assets Additions		619	4 579		820	1 360
Tangible Fixed Assets Cost Or Valuation		619	5 198	5 198	6 018	7 378
Tangible Fixed Assets Depreciation		206	1 939	3 672	5 471	5 838
Tangible Fixed Assets Depreciation Charged In Period			1 733	1 733	1 799	367
Total Additions Including From Business Combinations Property Plant Equipment							2 820	9 324	2 574			1 409
Total Assets Less Current Liabilities	7 132	146	10 185	424	501	126	-58 817	-160 426	-200 336	-259 355	-326 738	-348 386	-355 563
Trade Creditors Trade Payables						1	8 954	1 943	480	2 035	378	1 867	1 817
Trade Debtors Trade Receivables							9 000	11 640		8 265	6 282	528
Creditors Due Within One Year Total Current Liabilities	18 979	3 970
Fixed Assets	0	413
Tangible Fixed Assets Depreciation Charge For Period		206

Company staff

Christopher W.

Role: Director

Appointed: 13 March 2007

Latest update: 17 January 2024

Maureen W.

Role: Secretary

Appointed: 13 March 2007

Latest update: 17 January 2024

People with significant control

Christopher W. is the individual with significant control over this firm, owns over 3/4 of company shares.

Christopher W.

Notified on 13 March 2017

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	27 March 2024
Confirmation statement last made up date	13 March 2023

Annual Accounts 9 December 2014
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Date Approval Accounts	9 December 2014
Annual Accounts 16 July 2015
Start Date For Period Covered By Report	01 April 2014
End Date For Period Covered By Report	31 March 2015
Date Approval Accounts	16 July 2015
Annual Accounts 16 December 2016
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	16 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023
Annual Accounts 3 July 2013
End Date For Period Covered By Report	31 March 2013
Date Approval Accounts	3 July 2013

Formula Time Systems Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Christopher W.

Maureen W.

Adam B.

People with significant control

Christopher W.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2013

Address:

Post code:

City / Town:

HQ address,
2014

Address:

Post code:

City / Town:

HQ address,
2015

Address:

Post code:

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HQ address,
2016

Address:

Post code:

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Formula Time Systems Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Christopher W.

Maureen W.

Adam B.

People with significant control

Christopher W.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

Address:

Post code:

City / Town:

HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

Post code:

City / Town:

HQ address, 2016

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies

HQ address,
2013

HQ address,
2014

HQ address,
2015

HQ address,
2016