Truth London Ltd
10688868
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Abdul Ayodeji
British · England · Age 33
Unit 16a Honeycrock Farm, Axes Lane, Redhill, RH1 5QL
Notified 17/11/2020
Former PSCs
Mr Hafees Ayodeji
Ceased 07/07/2020
Mr Riess Wallace
Ceased 17/11/2020
CompanyRankvs 24215+ SIC 47910 peers59
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2023
Net Worth
£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£890
Working capital
Current Assets
£1k
Current Liabilities
£2k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.58 | -£4k |
| 2022 | 0.38 | -£4k |
Derived from filed accounts. Not audited figures.