Frank Truman Limited
00987006
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 12/08/2025
Due 26/08/2026
Industry
Officers
director · Since 18/09/2006
BUSINESSMAN
BRITISH · UNITED KINGDOM · Age 86
Also on 1 other board
director · Since 01/11/2006
BUSINESSMAN
BRITISH · ENGLAND · Age 71
Also on 27 other boards
director · Since 03/10/2016
BUSINESSMAN
BRITISH · UNITED KINGDOM · Age 66
Also on 24 other boards
director · Since 22/05/2020
BUSINESSWOMAN
BRITISH · UNITED KINGDOM · Age 63
Also on 31 other boards
director · Since 07/12/2023
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 10 other boards
Persons with Significant Control
Mr Haider Ladhu Jaffer
British · England · Age 86
Kirkland House, Harrow, HA1 2AX
Notified 06/04/2016
Ms Shellina Jaffer
British · United Kingdom · Age 63
Kirkland House, Harrow, HA1 2AX
Notified 04/02/2020
Mr Shaffin Jaffer
British · United Kingdom · Age 62
Kirkland House, Harrow, HA1 2AX
Notified 04/02/2020
Mrs Shamsa Van Keulen
British · Singapore · Age 59
Kirkland House, Harrow, HA1 2AX
Notified 21/08/2020
Charges3 outstanding
BANK LEUMI (UK) PLC
HABIB BANK ZURICH PLC
HABIB BANK ZURICH PLC
UNITED TRUST BANK LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
MIDLAND BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 291+ SIC 64929 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
group has completed a range of forecasts including sensitivity analysis to assess the impact of the macro-economic and supply chain challenges on the group’s liquidity and ability to continue as a going concern. The directors acknowledge that there is significant uncertainty in the outlook for the hospitality sector. The directors intend to mitigate economic risks with flexible pricing and valu
Key FinancialsYear ending 31/12/2024
Turnover
£14.0M
Annual revenue
Net Worth
£1.8M
Balance sheet strength
Cash
£214k
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
-£6.1M
Working capital
Current Assets
£27.1M
Current Liabilities
£33.2M
Fixed Assets
£28.9M
Debtors
£26.8M
Cost of Sales
£3.7M
Gross Profit
£10.3M
Admin Expenses
£8.1M
Operating Profit
£2.2M
Profit After Tax
£634k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.82 | +£634k | — |
| 2023 | 0.82 | -£1.2M | £3.6M |
| 2021 | 0.97 | — | — |
Derived from filed accounts. Not audited figures.