I admit that this lovely A5 Time/system was one that I purchased on a bit of a whim. When it arrived, I realised that I didn't really need it so sold it unused. It's only print, rather than real ostrich, but is made of a lovely soft leather in a wonderful warm tan colour. If it had been in personal size, I definitely would've kept it. Unlike most A5s, it doesn't have a fastener to keep it closed. The ring spacing is the same as Filofax A5.
I don't know anything about the company, but you can find out more information at http://timesystem.co.uk/. It seems to be a discontinued model, but when I contacted them to find out more details they sadly never got back to me.
On the left hand inside, there is a credit card pocket with a long pocket above, a full length slip one and a partially elasticated pen loop. The right hand side has exactly the same layout again. As you can see, the ostrich print doesn't cover the whole interior but I quite like the contrast of the paler material which doesn't seem to be leather.
It nearly lies flat with inserts in.
Here are some comparison shots with the Hamilton that I used to have.
The Hamilton has 30mm rings.
It is a lovely quality binder and I'm surprised that I haven't heard much about them before in the online community.