True World Limited
05170423
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 05/07/2025
Due 19/07/2026
Industry
Officers
Persons with Significant Control
Mr Graham Axford
British · England · Age 80
49 Austhorpe Road, Leeds, LS15 8BA
Notified 06/04/2016
CompanyRankvs 691+ SIC 64303 peers57
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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 31/12/2024
Net Worth
£3k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£390k
Working capital
Current Assets
£21k
Current Liabilities
£410k
Debtors
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.05 | +£0 |
| 2023 | 0.07 | +£0 |
| 2022 | 0.07 | +£0 |
| 2021 | 0.08 | +£0 |
| 2020 | 0.08 | +£0 |
| 2019 | 0.08 | +£0 |
| 2018 | 0.13 | — |
Derived from filed accounts. Not audited figures.