TIME HARD ASSET FINANCE LIMITED
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2026-06-14 (in 1mo)
Last made up 2025-05-31
Watchouts
None on the register
Cash
£1M
+970.2% vs 2024
Net assets
£4M
+66.4% vs 2024
Employees
32
+39.1% vs 2024
Profit before tax
£2M
+119.3% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-05-31
| Metric | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Turnover | £9,469,948 | £12,414,074 | |
| Operating profit | £998,888 | £2,188,320 | |
| Profit before tax | £932,675 | £2,045,594 | |
| Net profit | £715,186 | £1,590,311 | |
| Cash | £139,484 | £1,492,798 | |
| Total assets less current liabilities | — | — | |
| Net assets | £2,403,407 | £3,998,606 | |
| Equity | £2,403,407 | £3,998,606 | |
| Average employees | 23 | 32 | |
| Wages | £1,353,934 | £1,470,520 | |
| Directors' remuneration | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+31.1%
£9,469,948 £12,414,074
-
Cash
+970.2%
£139,484 £1,492,798
-
Net assets
+66.4%
£2,403,407 £3,998,606
-
Employees
+39.1%
23 32
-
Operating profit
+119.1%
£998,888 £2,188,320
-
Profit before tax
+119.3%
£932,675 £2,045,594
-
Wages
+8.6%
£1,353,934 £1,470,520
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Operating margin | 10.5% | 17.6% | |
| Net margin | 7.6% | 12.8% | |
| Gearing (liabilities / total assets) | 96.7% | 95.6% | |
| Current ratio | 1.05x | 1.20x | |
| Interest cover | 15.09x | 15.33x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- TIME HARD ASSET FINANCE LIMITED 2020-12-08 → present
- BRADGATE BUSINESS FINANCE LIMITED 2006-06-01 → 2020-12-08
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Sumer AuditCo Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Audit Committee has reviewed the going concern of the Group and its subsidiaries. The assessment includes detailed financial forecasts covering the Group's adopted strategy. The period considered by the forecasts is to the end of January 2027, being approximately 12 months from the date of signing of the 2025 financial statements.”
Significant events
- “The directors of the parent company, Time Finance plc, do not propose a final dividend for this financial period. Future dividends will be kept under review.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROBERTS, James Matthew Arthur | Secretary | 2022-04-14 | — | — |
| RIMMER, Edward John | Director | 2021-02-22 | Jul 1972 | British |
| ROBERTS, James Matthew Arthur | Director | 2017-05-02 | Sep 1977 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARNOLD, John Richard | Secretary | 2006-06-01 | 2016-04-01 |
| BODEY, Jennifer | Secretary | 2018-06-01 | 2022-04-14 |
| CASE, Thomas Richard | Secretary | 2016-04-01 | 2018-06-01 |
| AR CORPORATE SERVICES LIMITED | Corporate Secretary | 2006-06-01 | 2006-06-01 |
| ARNOLD, John Richard | Director | 2006-06-01 | 2019-05-31 |
| BATCHELOR, Richard Julian | Director | 2017-05-03 | 2018-06-27 |
| DURMAN, Mark Steven | Director | 2017-05-03 | 2018-01-03 |
| NOLAN, Michael Francis | Director | 2016-03-22 | 2018-07-01 |
| SMITH, Richard Ian | Director | 2018-02-23 | 2021-02-27 |
| SULLIVAN, Ian | Director | 2006-06-01 | 2019-05-31 |
| WALKER, Helen Margaret | Director | 2016-03-22 | 2017-05-18 |
| AR NOMINEES LIMITED | Corporate Director | 2006-06-01 | 2006-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Time Finance Plc | Corporate entity | Shares 75–100% | 2016-06-01 | Active |
Filing timeline
Last 20 of 183 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-02 | AA | accounts | Accounts with accounts type full | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-17 | AA | accounts | Accounts with accounts type full | |
| 2024-09-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-09 | AA | accounts | Accounts with accounts type full | |
| 2023-10-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-02-16 | AA | accounts | Accounts with accounts type full | |
| 2023-01-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-06-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-04-25 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.