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Truecolour Contractors Ltd

09525708

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

23 BILSTON STREET, DUDLEY, DY3 1JA
Incorporated 02/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Daniel Madeley

director · Since 02/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Dominic John Bias

director · Since 05/11/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Dominic John Bias

Significant control

British · England · Age 45

23, Bilston Street, Dudley, DY3 1JA

Notified 06/04/2016

Mr Daniel Madeley

Significant control

British · England · Age 41

23, Bilston Street, Dudley, DY3 1JA

Notified 06/04/2016

Truecolour Holdings And Investments Ltd

75–100% shares

23, Bilston Street, Dudley, DY3 1JA

Reg: 14863561 · England And Wales · Limited Company

Notified 17/11/2025

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 05/09/2023Registered 07/09/2023
Charge
satisfied

ALDERMORE BANK PLC

Created 08/06/2022Registered 10/06/2022Satisfied 07/09/2023
Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 24/11/2020Registered 26/11/2020Satisfied 07/07/2022

CompanyRankvs 1442+ SIC 43341 peers
67

Financial strength90th percentile among SIC peers · 23/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.71× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1442Truecolour Contractors Ltd
73
How is this score calculated?
Financial strength23/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 30/04/2025

Net Worth

£93k

Balance sheet strength

Cash

£101k

Cash in the bank

Net Current Assets

£226k

Working capital

Current Assets

£543k

Current Liabilities

£317k

Fixed Assets

£221k

Debtors

£442k

3avg. employees

Tax at Year End(2020)

Dividends paid£76k

Balance Sheet

Assets less current liabilities£447k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.71+£101k
20241.06-£120k
20232.05+£86k
20221.90-£4k
20212.24+£17k
20201.48+£12k
20191.00—

Derived from filed accounts. Not audited figures.