Yes it is! I know how Kate feels! And I suppose all people have felt like this when they feel they're growing up too fast. Here's what Kate had to say about it:
"...the song Old Man Time that was on Hourglass, that got written because, I don't know, I was just in my house on my own one night and I thought, bloomin' heck, I'm not nineteen anymore, I'm twenty-three, what's happened, where's it all gone, and I've not seen my family for ages, and all that kind of stuff.--Mbo