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Truelove Property & Construction Ltd

00935842

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
58 / 100

Notable Risks

30/30
Filing
10/30
Financial
18/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

4A EASTGATE, LINCOLN, LN2 1QA
Incorporated 22/07/1968

Compliance

Last accounts

05/04/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 19/01/2026

Due 02/02/2027

On track

Industry

41202
Construction of domestic buildings

Officers

Mrs Jacqueline Patricia Truelove

secretary · Since 19/01/1992

BRITISH · UNITED KINGDOM · Age 64

Also on 14 other boards

Mr Barrie Michael Claude Kendall Truelove

director · Since 19/01/1992

HOUSE BUILDER

BRITISH · ENGLAND · Age 60

Also on 28 other boards

Mr Paul Anthony John Truelove

director · Since 19/01/1992

MASTER BUILDER

BRITISH · ENGLAND · Age 67

Mrs Jacqueline Patricia Truelove

director · Since 01/07/2019

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 14 other boards

Persons with Significant Control

Mr Paul Anthony John Truelove

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

English · England · Age 67

4a, Eastgate, Lincoln, LN2 1QA

Notified 06/04/2016

Mr Barrie Michael Claude Kendall Truelove

Significant control
significant-influence-or-control-as-trust

British · England · Age 60

4a, Eastgate, Lincoln, LN2 1QA

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

ARBUTHNOT LATHAM & CO., LIMITED

Created 30/08/2024Registered 16/09/2024
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 18/12/2020Registered 21/12/2020Satisfied 05/03/2024
Charge
satisfied

JACQUELINE PATRICIA TRUELOVE AS TRUSTEE OF THE TRUELOVE PENSION FUND · BARRIE MICHAEL CLAUDE KENDALL TRUELOVE AS TRUSTEE OF THE TRUELOVE PENSION FUND · PAUL ANTHONY JOHN TRUELOVE AS TRUSTEE OF THE TRUELOVE PENSION FUND

Created 28/06/2013Registered 28/06/2013Satisfied 04/03/2024
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 06/07/2012Registered 12/07/2012Satisfied 09/10/2015
charge
satisfied

PAUL ANTHONY JOHN TRUELOVE, JACQUELINE PATRICIA TRUELOVE AND BARRIE MICHAEL CLAUDE KENDAL TRUEL

Created 03/09/2008Registered 04/09/2008Satisfied 21/03/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/04/2007Registered 19/04/2007Satisfied 09/10/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/12/1996Registered 30/12/1996Satisfied 02/03/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/12/1996Registered 23/12/1996Satisfied 02/03/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/12/1996Registered 23/12/1996Satisfied 02/03/2016
charge
satisfied

TSB BANK PLC

Created 16/10/1996Registered 22/10/1996Satisfied 13/09/1997
charge
satisfied

TSB BANK PLC

Created 15/12/1994Registered 04/01/1995Satisfied 13/09/1997
charge
satisfied

MIDLAND BANK PLC

Created 30/09/1985Registered 15/10/1985Satisfied 25/03/1998
charge
satisfied

MIDLAND BANK PLC

Created 06/11/1978Registered 13/11/1978Satisfied 25/03/1998
charge
satisfied

MIDLAND BANK PLC

Created 01/02/1978Registered 07/02/1978Satisfied 25/03/1998
charge
satisfied

MIDLAND BANK PLC

Created 19/04/1977Registered 26/04/1977Satisfied 25/03/1998
charge
satisfied

MIDLAND BANK PLC

Created 19/04/1977Registered 26/04/1977Satisfied 25/03/1998
charge
satisfied

MIDLAND BANK PLC

Created 14/01/1977Registered 20/01/1977Satisfied 25/03/1998
charge
satisfied

MIDLAND BANK PLC

Created 05/01/1976Registered 16/01/1976Satisfied 02/04/1998
charge
satisfied

MIDLAND BANK PLC

Created 10/01/1973Registered 26/01/1973Satisfied 25/03/1998
charge
satisfied

MIDLAND BANK PLC

Created 11/11/1971Registered 25/11/1971Satisfied 22/04/1995

Insolvency History1 case

receiver manager

David John Whitehouse (receiver manager) · Sarah Helen Bell (receiver manager) · Philip Duffy (receiver manager)

CompanyRankvs 22+ SIC 41202 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.58× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 05/04/2025

Net Worth

£20.7M

Balance sheet strength

Cash

£206k

Cash in the bank

Net Current Assets

£9.6M

Working capital

Current Assets

£15.7M

Current Liabilities

£6.1M

Fixed Assets

£11.3M

Debtors

£10.7M

22avg. employees-2

Tax at Year End

Corp tax£410k

Balance Sheet

Assets less current liabilities£20.9M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.58+£1.4M
20242.34+£1.2M
20232.06+£2.3M
20221.51+£885k
20202.33+£51k
20192.79

Derived from filed accounts. Not audited figures.