Time Capsule is Marxman's second and final album. It was released in the United Kingdom on 4 November 1996. It is considered to be angrier, but musically more conservative, than their debut album, 33 Revolutions per Minute. The band disbanded after releasing the album, with Oisin Lunny going on to have limited success as a solo artist. Time Capsule failed to chart.
The Irish Times called the album "introspective in mood and tone, mixing some beautifully soulful touches with everything from guitar to swing."
All the songs on the album were written by band members Hollis Byrne, Stephen Brown and Oisin Lunny. They were scratched by DJ K One.