True Grip Limited
04944518
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 17/11/2025
Due 01/12/2026
Industry
Officers
director · Since 27/10/2003
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 35 other boards
director · Since 27/10/2003
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 4 other boards
secretary · Since 27/10/2003
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 35 other boards
director · Since 31/10/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 1 other board
Former
corporate nominee secretary · Resigned 27/10/2003
director · Resigned 24/03/2004
Persons with Significant Control
Mr Peter Nicholls
British · England · Age 64
Suite 70 Capital Business Centre, 22 Carlton Road, South Croydon, CR2 0BS
Notified 06/04/2016
Mr Richard Nicholls
British · England · Age 56
Suite 70 Capital Business Centre, 22 Carlton Road, South Croydon, CR2 0BS
Notified 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
SUITE 70 CAPITAL BUSINESS CENTRE
SOUTH CROYDON
CompanyRankvs 7298+ SIC 43330 peers27
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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
Outstanding charges: -10 pts
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
-£117k
Balance sheet strength
Cash
£134k
Cash in the bank
Net Current Assets
-£123k
Working capital
Current Assets
£200k
Current Liabilities
£324k
Fixed Assets
£56k
Debtors
£66k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.62 |
Derived from filed accounts. Not audited figures.