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Truframe Limited

10046544

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3 KLM, MELTON MOWBRAY, LE13 1BS
Incorporated 07/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr David Peter Firmager

director · Since 07/03/2016

BRITISH · ENGLAND · Age 66

Also on 22 other boards

Mr Patrick Firmager

secretary · Since 10/08/2018

Mr Patrick David Firmager

director · Since 10/08/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 10 other boards

Mr Jonathan Ashley Hall

director · Since 08/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Persons with Significant Control

Stamford Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Unit 3 J,K,L,M, Hudson Road, Melton Mowbray, LE13 1BS

Reg: 07031665 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 28/10/2022Registered 28/10/2022
Charge
satisfied

ALDERMORE BANK PLC

Created 26/02/2021Registered 02/03/2021Satisfied 10/03/2023
Charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 06/10/2020Registered 23/10/2020Satisfied 27/06/2024
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 28/03/2019Registered 01/04/2019Satisfied 17/11/2021

CompanyRankvs 4812+ SIC 43999 peers
57

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

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

Longevity10/15 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

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

£34.1M

Annual revenue

Net Worth

£4.1M

Balance sheet strength

Cash

£317k

Cash in the bank

Profit Before Tax

£2.6M

Bottom line earnings

Net Current Assets

£359k

Working capital

Current Assets

£7.7M

Current Liabilities

£7.3M

Fixed Assets

£5.0M

Debtors

£5.7M

Cost of Sales

£22.4M

Gross Profit

£11.7M

Admin Expenses

£9.2M

Operating Profit

£2.8M

Profit After Tax

£1.7M

299avg. employees+4

Tax at Year End

Corp tax£789k
Dividends paid-£50k

People Costs

Wages & salaries£8.4M
NI contributions£762k

Balance Sheet

Intangible assets£1.2M
Bank loans & overdrafts£88k
Assets less current liabilities£5.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.05+£81k
20230.86+£1.4M
20200.48

Derived from filed accounts. Not audited figures.