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Truth Recruitment Ltd

11109205

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1A GEORGE STREET, WOLVERHAMPTON, WV2 4DP
Incorporated 13/12/2017

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/08/2025

Due 31/08/2026

On track

Industry

46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet
78200
Temporary employment agency activities
86900
Other human health activities

Officers

Mr Santoma Joel Ibeneche

director · Since 13/12/2017

LEGAL PRACTITIONER

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Santoma Joel Ibeneche

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 47

1a, George Street, Wolverhampton, WV2 4DP

Notified 13/12/2017

CompanyRankvs 7554+ SIC 46900 peers
62

Financial strength12th percentile among SIC peers · 3/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.54× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

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.

Longevity9/15 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

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£20k

Current Liabilities

£2k

Fixed Assets

£2k

23avg. employees

Balance Sheet

Assets less current liabilities£20k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20248.54+£10k
20234.67+£10k
20220.49+£6k
20213.50+£13k
20201.75-£61k

Derived from filed accounts. Not audited figures.