OPTIMUM TIME LIMITED

Company number 05045696 · Active

OPTIMUM TIME LIMITED is a private limited company registered in SOUTHEND-ON-SEA, United Kingdom, incorporated on 16 Feb 2004. Its registered activity is wholesale of watches and jewellery. Its latest published accounts for the period ending 31 Mar 2022 show equity of £949k, total assets of £1.1m, a result of £222k. It has filed 3 sets of accounts, 1 of them after the deadline. Our model estimates a 0.60 % probability that it becomes insolvent within 12 months, 5.2 times the average for active companies (very high risk).

Insolvency risk, next 12 months

0.60 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in the United Kingdom. 5.2× the average annual insolvency rate (0.12 %).

Raises the risk

Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent

Lowers the risk

Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05045696 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
16 Feb 2004 (23 years)
Registered address
SS3 9SL SOUTHEND-ON-SEA
Postcode area
Southend-on-Sea
Activity
46480 Wholesale of watches and jewellery
Industry
Wholesale trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202215 Feb 2023– £222k£949k£1.1m £109k£38k3
28 Feb 202115 Oct 2021– –£727k£3,741 –£300k2
29 Feb 202015 Aug 2020– –£662k– –––

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Southend-on-Sea

Questions about OPTIMUM TIME LIMITED

What is the company number of OPTIMUM TIME LIMITED?

OPTIMUM TIME LIMITED is registered under company number 05045696 in the official register of United Kingdom. View it at the official register.

Is OPTIMUM TIME LIMITED still active?

Yes. OPTIMUM TIME LIMITED is registered as active (status: Active).

Has OPTIMUM TIME LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for OPTIMUM TIME LIMITED in the official data.

How likely is OPTIMUM TIME LIMITED to become insolvent?

Our model estimates a 0.60 % probability that OPTIMUM TIME LIMITED becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in the United Kingdom.

When was OPTIMUM TIME LIMITED founded?

OPTIMUM TIME LIMITED was incorporated on 16 Feb 2004.

Where is OPTIMUM TIME LIMITED registered?

OPTIMUM TIME LIMITED's registered address is in SS3 9SL SOUTHEND-ON-SEA (Southend-on-Sea), United Kingdom.

What do the latest accounts of OPTIMUM TIME LIMITED show?

The latest published accounts (period ending 31 Mar 2022) show equity of £949k, total assets of £1.1m, a result of £222k, 3 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.