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Truecrest Ltd

10272319

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

KINGFISHER HOUSE, STOCKTON-ON-TEES, TS18 3EX
Incorporated 11/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
78300
Human resources provision and management of human resources functions

Officers

Mr Ahmed Al Zaiter

director · Since 01/05/2018

CEO

BRITISH · ENGLAND · Age 62

Also on 8 other boards

Persons with Significant Control

Mr Ahmed Al Zaiter

Significant control

British · England · Age 62

Colewood House, Ground Floor, 1 Kingfisher Way, Stockton On Tees, TS18 3EX

Notified 21/10/2019

Former PSCs

Sovereign Global Partnership Llp

Ceased 21/10/2019

Sgp Capital Holding (Uk) Ltd

Ceased 01/04/2026

CompanyRankvs 55943+ SIC 70229 peers
66

Financial strength90th percentile among SIC peers · 23/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.78× · 16/20
Longevity10 years trading (max 15) · 10/15
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.

Employees2/15 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.

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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£121k

Balance sheet strength

Cash

£296

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£124k

Current Liabilities

£69k

Debtors

£122k

0avg. employees
Prepared with v2025.63.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20241.78+£0
20232.50

Derived from filed accounts. Not audited figures.