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True Ai Ltd

09864737

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

TOP FLOOR FLAT, 47, LONDON, SW15 1PQ
Incorporated 10/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Alexander Kingsnorth

director · Since 31/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Abhishek Aggarwal

25–50% shares

Indian · England · Age 36

Jubilee House, East Beach, Lytham St. Annes, FY8 5FT

Notified 06/04/2016

Mr Alexander Simon William Kingsnorth

Significant control

British · England · Age 37

Top Floor Flat, 47, Norroy Road, London, SW15 1PQ

Notified 15/03/2023

Former PSCs

Mr Pyry Takala

Ceased 16/09/2025

CompanyRankvs 20905+ SIC 62012 peers
57

Financial strength90th percentile among SIC peers · 23/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£187k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£3k

Current Liabilities

£31k

1avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11+£13k
20230.17+£316k
20222.74-£13k
20217.51-£21k
20204.75+£31k
20194.01+£109k
20184.28

Derived from filed accounts. Not audited figures.