Time Finance Management
Management criteria checks 2/4
Time Finance's CEO is Ed Rimmer, appointed in Feb 2021, has a tenure of 4.75 years. total yearly compensation is £476.00K, comprised of 48.3% salary and 51.7% bonuses, including company stock and options. directly owns 1% of the company’s shares, worth £441.52K. The average tenure of the management team and the board of directors is 1.7 years and 3.4 years respectively.
Key information
Ed Rimmer
Chief executive officer
UK£476.0k
Total compensation
| CEO salary percentage | 48.32% |
| CEO tenure | 4.8yrs |
| CEO ownership | 1.0% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2025 | UK£476k | UK£230k | UK£6m |
| Feb 28 2025 | n/a | n/a | UK£6m |
| Nov 30 2024 | n/a | n/a | UK£5m |
| Aug 31 2024 | n/a | n/a | UK£5m |
| May 31 2024 | UK£466k | UK£225k | UK£4m |
| Nov 30 2023 | n/a | n/a | UK£4m |
| Aug 31 2023 | n/a | n/a | UK£4m |
| May 31 2023 | UK£359k | UK£220k | UK£3m |
| Nov 30 2022 | n/a | n/a | UK£2m |
| Aug 31 2022 | n/a | n/a | UK£2m |
| May 31 2022 | UK£236k | UK£220k | UK£1m |
| Nov 30 2021 | n/a | n/a | UK£2m |
| Aug 31 2021 | n/a | n/a | UK£2m |
| May 31 2021 | UK£193k | UK£54k | UK£2m |
| Feb 28 2021 | n/a | n/a | UK£994k |
| Nov 30 2020 | n/a | n/a | UK£211k |
| Aug 31 2020 | n/a | n/a | UK£883k |
| May 31 2020 | UK£400k | UK£160k | UK£2m |
| Feb 29 2020 | n/a | n/a | UK£4m |
| Nov 30 2019 | n/a | n/a | UK£6m |
| Aug 31 2019 | n/a | n/a | UK£6m |
| May 31 2019 | UK£221k | UK£175k | UK£6m |
Compensation vs Market: Ed's total compensation ($USD621.89K) is above average for companies of similar size in the UK market ($USD393.56K).
Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.
CEO
Ed Rimmer (53 yo)
Mr. Edward J. Rimmer, also known as Ed, has been CEO at Time Finance plc (formerly known as 1pm PLC) since June 2021. He has been an Executive Director of Time Finance plc (formerly known as 1pm PLC) since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.8yrs | UK£476.00k | 1% £ 441.5k | |
| CFO, Company Secretary & Executive Director | 8.5yrs | UK£364.00k | 0.74% £ 324.0k | |
| Group Head of Operations | 2.2yrs | no data | no data | |
| Senior Compliance Manager | 1.8yrs | no data | no data | |
| Head of Marketing | 1.6yrs | no data | no data | |
| Head of Human Resources | no data | no data | no data | |
| Managing Director of Invoice Finance | no data | no data | no data | |
| Head of Sales - Invoice Finance for North | less than a year | no data | no data | |
| Managing Director of Asset Finance | 3.8yrs | no data | no data | |
| Head of Broker Sales | less than a year | no data | no data | |
| Head of Operations of Invoice Finance | less than a year | no data | no data | |
| Head of Risk - Invoice Finance | less than a year | no data | no data |
Experienced Management: TIME's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5.8yrs | UK£476.00k | 1% £ 441.5k | |
| CFO, Company Secretary & Executive Director | no data | UK£364.00k | 0.74% £ 324.0k | |
| Independent Non-Executive Director | 2.2yrs | UK£35.00k | 0.11% £ 46.5k | |
| Independent Non-Executive Chairman | 4.7yrs | UK£68.00k | 0.042% £ 18.6k | |
| Independent Non-Executive Director | 2.2yrs | UK£36.00k | 0.020% £ 8.8k |
Experienced Board: TIME's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/20 19:16 |
| End of Day Share Price | 2025/11/20 00:00 |
| Earnings | 2025/05/31 |
| Annual Earnings | 2025/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Time Finance plc is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Renton | Cavendish |
| Derren Nathan | Hybridan LLP |