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Truth & Lies Limited

10451984

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

260-270 BUTTERFIELD, LUTON, LU2 8DL
Incorporated 28/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Robert Walker

director · Since 28/10/2016

CREATIVE DIRECTOR

BRITISH · ENGLAND · Age 44

Mrs Tessa Sophie Walker

director · Since 24/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Robert Walker

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

260-270 Butterfield, Great Marlings, Luton, LU2 8DL

Notified 03/11/2020

Mrs Tessa Sophie Walker

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

260 - 270 Butterfield, Great Marlings, Luton, LU2 8DL

Notified 12/05/2023

Former PSCs

Mr Iain Hills

Ceased 22/07/2022

CompanyRankvs 1697+ SIC 73110 peers
79

Financial strength92th percentile among SIC peers · 23/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.09× · 20/20
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.

Employees11/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£129k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£123k

Working capital

Current Assets

£153k

Current Liabilities

£30k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£129k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.09+£21k
20233.53+£61k
20222.87-£41k
20212.63+£44k
20202.66-£66k
20192.21+£150k
2018-2.33

Derived from filed accounts. Not audited figures.