Truetech Solutions Ltd
06686917
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 02/09/2008
director · Since 02/09/2008
SOFTWARE ENGINEER
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
Persons with Significant Control
Mr Paul Kingsley Lovell
British · England · Age 48
23, Gloucester Road, Hyde, SK14 5JG
Notified 06/04/2016
Former PSCs
Gail Lovell
Ceased 01/04/2026
CompanyRankvs 28887+ SIC 62020 peers67
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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 30/09/2024
Net Worth
£340k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£340k
Working capital
Current Assets
£76k
Current Liabilities
-£264k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.29 | -£7k |
| 2023 | 0.82 | +£81k |
| 2022 | 0.39 | +£47k |
| 2021 | 5.83 | +£66k |
| 2020 | 5.90 | +£42k |
| 2019 | 6.82 | -£24k |
| 2018 | 236.95 | — |
Derived from filed accounts. Not audited figures.