True Form Projects C.I.C.
08044805
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Faisal Hussain
British · England · Age 49
Hampton Works, Twyning Rd, Stirchley, B30 2XZ
Notified 25/04/2017
CompanyRankvs 12657+ SIC 90030 peers54
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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 28/02/2025
Net Worth
£673
Balance sheet strength
Cash
£6k
Cash in the bank
Profit Before Tax
£2k
Bottom line earnings
Net Current Assets
-£2k
Working capital
Current Assets
£6k
Current Liabilities
£9k
Fixed Assets
£3k
Cost of Sales
£33k
Gross Profit
-£33k
Admin Expenses
£46k
Operating Profit
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.72 | — |
| 2024 | 0.37 | -£4k |
| 2023 | 0.69 | — |
Derived from filed accounts. Not audited figures.