Truenorth It Limited
08894667
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/02/2014
CONSULTANT
BRITISH · WALES · Age 54
Also on 2 other boards
secretary · Since 03/03/2018
Persons with Significant Control
Mr Christian Waters
British · England · Age 48
First Floor South, Marshalls Court, Leeds, LS11 9YP
Notified 27/10/2023
Former PSCs
Mr Steven Stewart Drake
Ceased 27/10/2023
CompanyRankvs 1532+ SIC 62020 peers86
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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 30/04/2025
Net Worth
£323k
Balance sheet strength
Cash
£332k
Cash in the bank
Net Current Assets
£314k
Working capital
Current Assets
£468k
Current Liabilities
£154k
Fixed Assets
£9k
Debtors
£136k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 3.04 | -£24k | £1.0M |
| 2024 | 3.11 | +£25k | £824k |
| 2023 | 3.31 | +£148k | £749k |
| 2022 | 2.19 | -£66k | £370k |
| 2021 | 2.17 | +£144k | £844k |
| 2020 | 1.55 | +£8k | £559k |
| 2019 | 1.49 | +£20k | £432k |
| 2018 | 1.81 | — | £412k |
Derived from filed accounts. Not audited figures.