TIMFAITH LIMITED

Active
Company number 09328411Private limited companyIncorporated 2014

Key figures

£5,704-8.0%
Net assets 2024/25
-21.2%
Average annual change 2019/20–2024/25
05 k10 k15 k20 k2019/202020/212021/222022/232023/242024/25

Like most small UK companies, TIMFAITH LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Sector comparison

SIC 42990

Where the company stands among the 14,244 active companies whose first SIC code is 42990 (Construction of other civil engineering projects n.e.c.).

Net assets£5,704
Lower than 69% · median £29,244
Cash£12,684
Lower than 67% · median £40,654
Employees1
Around the median · median 1
Company age12.0 years
Older than 60% · median 9.1 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 14,244. The line on each bar marks the median.

Summary: TIMFAITH LIMITED

What kind of company is it?

TIMFAITH LIMITED is a private limited company registered with Companies House under company number 09328411. It was incorporated on 26 Nov 2014. Its status is active. The registered office is in Chelmsford (CM2). Its nature of business (SIC 2007) is construction of other civil engineering projects n.e.c. (42990).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Nov 2025); the company files small company accounts (filleted). Net assets were £5,704, down 8% on the previous year. Cash at bank and in hand was £12,684. The company had an average of 1 employee. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 14,244 active companies whose first SIC code is 42990: By net assets it ranks lower than 69% of them (median £29,244). By cash it ranks lower than 67% of them (median £40,654). By number of employees it is around the median of them (1). It is older than 60% of them (median age 9.1 years).

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Aug 2027. The next confirmation statement is due by 10 Dec 2026.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand41,98528,85727,54418,38312,684
Total assets—————
Total liabilities31,76820,10620,10612,1846,980
Net assets / total equity10,2178,7517,4386,1995,704
Average number of employees00011

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

12 events
  1. Financial year 2024/25 endedAccounts: net assets £5,704, 1 employee
  2. Financial year 2023/24 endedAccounts: net assets £6,199, 1 employee
  3. Financial year 2022/23 endedAccounts: net assets £7,438, 0 employees
  4. Financial year 2021/22 endedAccounts: net assets £8,751, 0 employees
  5. Financial year 2020/21 endedAccounts: net assets £10.2k, 0 employees
  6. Financial year 2019/20 endedAccounts: net assets £18.8k, 0 employees
  7. Faith Ikponmwosa OSAYI resignedDirector
  8. Mr Timi Ayoade registered as a person with significant control
Earlier events (4)
  1. Faith Ikponmwosa OSAYI appointedDirector
  2. Name changed to TIMFAITH LIMITEDPreviously T AYOADE LIMITED
  3. Timi AYOADE appointedDirector
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.