Truthwall Marine Limited
04688435
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 06/03/2003
BRITISH · UNITED KINGDOM · Age 83
Also on 5 other boards
director · Since 31/03/2003
RETIRED
BRITISH · UNITED KINGDOM · Age 83
Also on 5 other boards
CompanyRankvs 4094+ SIC 68209 peers86
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£270k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£34k
Working capital
Current Assets
£47k
Current Liabilities
£13k
Fixed Assets
£237k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.59 | +£5k |
| 2024 | 3.30 | -£17k |
| 2023 | 2.24 | -£44k |
| 2022 | 4.46 | +£55k |
| 2021 | 4.33 | +£21k |
| 2020 | 1.91 | -£9k |
| 2019 | 3.77 | — |
Derived from filed accounts. Not audited figures.