Truestone Glenapp Castle Limited
09601726
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/05/2015
COMPANY DIRECTOR
BRITISH · SCOTLAND · Age 68
Also on 15 other boards
director · Since 10/02/2016
PROPERTY CONSULTANT
BRITISH · UNITED KINGDOM · Age 68
Also on 8 other boards
director · Since 30/06/2022
MANAGING DIRECTOR
BRITISH · SCOTLAND · Age 64
Also on 1 other board
director · Since 30/06/2022
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 1 other board
director · Since 28/09/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 2 other boards
secretary · Since 09/07/2025
Persons with Significant Control
Truestone Ark Limited
Suite 6, Denzell House, Dunham Road, Altrincham, WA14 4QE
Reg: 09541254 · Companies House · Limited By Shares
Notified 12/04/2022
Former PSCs
Mr Paul Nigel Szkiler
Ceased 12/04/2022
Charges4 outstanding
THE ROYAL BANK OF SCOTLAND PLC
LOMBARD NORTH CENTRAL PLC
LOMBARD NORTH CENTRAL PLC
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
CLOSE BROTHERS LIMITED
CLOSE BROTHERS LIMITED
CompanyRankvs 102755+ SIC 82990 peers23
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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.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£5.1M
Annual revenue
Net Worth
-£2.0M
Balance sheet strength
Cash
£104k
Cash in the bank
Profit Before Tax
£106k
Bottom line earnings
Net Current Assets
-£1.3M
Working capital
Current Assets
£688k
Current Liabilities
£2.0M
Fixed Assets
£5.8M
Debtors
£494k
Cost of Sales
£2.9M
Gross Profit
£2.2M
Admin Expenses
£2.0M
Operating Profit
£295k
Profit After Tax
£80k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.35 | +£80k |
| 2023 | 0.34 | -£384k |
| 2022 | 0.41 | +£166k |
| 2021 | 0.35 | +£130k |
| 2020 | 0.46 | -£417k |
| 2019 | 0.30 | -£3k |
| 2018 | 0.08 | — |
Derived from filed accounts. Not audited figures.