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Truecast Limited

05806020

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

50-54 OSWALD ROAD, NORTH LINCOLNSHIRE, DN15 7PQ
Incorporated 04/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24510
Casting of iron

Officers

Mr Michael John Thompson

director · Since 19/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mrs Charlotte Louise Thompson

secretary · Since 06/10/2025

Persons with Significant Control

Truecast 2025 Ltd

75–100% shares
75–100% votes
Appoint directors

50-54, Oswald Road, Scunthorpe, DN15 7PQ

Reg: 16356195 · Companies House · Private Limited Company

Notified 19/09/2025

Former PSCs

Mr Robert Mark Fotheringham

Ceased 03/03/2025

Mr Michael Alan Powell

Ceased 19/09/2025

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 19/09/2025Registered 19/09/2025
charge
outstanding

ALLIANCE & LEICESTER COMMERCIAL BANK PLC

Created 03/07/2006Registered 07/07/2006

CompanyRankvs 55+ SIC 24510 peers
43

Financial strength72th percentile among SIC peers · 18/25
Employees31th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees5/15 pts

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

Liquidity0/20 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.

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

£534k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

Current Liabilities

£1.3M

Debtors

£137k

1avg. employees

Balance Sheet

Bank loans & overdrafts£32k
Assets less current liabilities£534k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearImplied Profit
2025+£34k
2024+£341k
2023-£5k
2022-£3k
2021-£4k
2020-£10k

Derived from filed accounts. Not audited figures.