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Truframe Trade Frames Limited

07053053

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 3, K,L,M HUDSON ROAD, MELTON MOWBRAY, LE13 1BS
Incorporated 22/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr David Peter Firmager

director · Since 22/10/2009

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 22 other boards

Mr Patrick David Firmager

director · Since 01/11/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 10 other boards

Mr Jonathan Ashley Hall

director · Since 17/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Persons with Significant Control

Stamford Holdings Limited

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

Units 3, K,L,M, Hudson Road, Melton Mowbray, LE13 1BS

Reg: 07031665 · Companies House · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 28/10/2022Registered 28/10/2022
Charge
satisfied

ALDERMORE BANK PLC

Created 26/02/2021Registered 02/03/2021Satisfied 10/03/2023
Charge
outstanding

LOMBARD NORTH CENTRAL PLC

Created 15/09/2017Registered 21/09/2017
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/02/2017Registered 27/02/2017Satisfied 24/10/2022
charge
satisfied

BARCLAYS BANK PLC

Created 20/01/2011Registered 26/01/2011Satisfied 19/05/2017

CompanyRankvs 17073+ SIC 43999 peers
39

Financial strength61th percentile among SIC peers · 15/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

on this support and the continued profitability and working capital of Truframe Limited, the directors consider that the Company has the ability to continue as a going concern for at least the next 12 months and therefore these financial statements are prepared on a going concern basis. 2.3 Operating leases: the Company as lessee Rentals paid under operating leases are cha

Key FinancialsYear ending 31/12/2024

Net Worth

£14k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£3.1M

Working capital

Current Assets

£176k

Current Liabilities

£3.2M

Fixed Assets

£3.1M

Debtors

£142k

3avg. employees-1

Tax at Year End

Corp tax£271k

Balance Sheet

Assets less current liabilities£14k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05+£5k
20230.04-£24k
20200.26

Derived from filed accounts. Not audited figures.