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Truenorth Ltd

03370074

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

133 TOMS LANE, KINGS LANGLEY, WD4 8NX
Incorporated 13/05/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
71129
Other engineering activities

Officers

Mr Michael James Mills

director · Since 13/05/1997

ENGINEER

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Persons with Significant Control

Mr Michael James Mills

25–50% shares
25–50% votes

British · United Kingdom · Age 64

133, Toms Lane, Kings Langley, WD4 8NX

Notified 13/05/2016

CompanyRankvs 55631+ SIC 68209 peers
62

Financial strength70th percentile among SIC peers · 18/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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55631Truenorth Ltd
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How is this score calculated?
Financial strength18/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/03/2026

Net Worth

£39k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£43k

Working capital

Current Assets

£5k

Current Liabilities

£48k

Fixed Assets

£82k

2avg. employees

Balance Sheet

Assets less current liabilities£39k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20260.11-£1k
20250.13+£14k
20240.24—
20230.02—
2022Infinity—
2021Infinity+£11k
2020Infinity-£15k
20190.38-£3k
20181.19+£126k
20170.15—

Derived from filed accounts. Not audited figures.