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True Belief Limited

05182548

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

UNIT 7, HILFIELD PARK HILFIELD LANE, WATFORD, WD25 8DB
Incorporated 19/07/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
93199
Other amusement and recreation activities

Officers

Jacqueline Susan Jefferis

secretary · Since 19/07/2004

BRITISH

Mr Iain Charles Jefferis

director · Since 19/07/2004

PROPERTY MANAGEMENT

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Iain Charles Jefferis

75–100% shares

British · United Kingdom · Age 45

Unit 7, Hilfield Park, Hilfield Lane, Watford, WD25 8DB

Notified 06/04/2016

CompanyRankvs 48905+ SIC 68209 peers
64

Financial strength92th percentile among SIC peers · 23/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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48905True Belief Limited
64
How is this score calculated?
Financial strength23/25 pts

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

Employees9/15 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 30/04/2025

Net Worth

£781k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£74k

Current Liabilities

£192k

Fixed Assets

£2.0M

Debtors

£38k

1avg. employees

Tax at Year End(2022)

Corp tax£51k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.39+£111k
20240.18+£107k
20230.13+£92k
20220.42+£104k
20210.11—

Derived from filed accounts. Not audited figures.