Truth Supplements Ltd
11200629
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/02/2018
ENTREPRENEUR
AUSTRALIAN · ENGLAND · Age 49
Also on 4 other boards
Persons with Significant Control
Truthcorp Holdings Ltd
71-75, Shelton Street, London, WC2H 9JQ
Reg: 12680542 · Companies House · Limited Company
Notified 30/09/2020
Former PSCs
Mr Trent Gordon Scanlen
Ceased 30/09/2020
Sageroo Pty Ltd Atf Hsw Family Trust
Ceased 30/09/2020
CompanyRankvs 77071+ SIC 47910 peers33
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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 31/12/2024
Net Worth
-£80k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£888k
Current Liabilities
£945k
Fixed Assets
£4k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.94 | +£2k | — |
| 2023 | 13.51 | +£31k | — |
| 2022 | 0.85 | +£7k | — |
| 2021 | 0.83 | +£59k | £286k |
| 2020 | 0.61 | -£54k | — |
| 2020 | 0.57 | -£83k | — |
| 2019 | 3.07 | — | — |
Derived from filed accounts. Not audited figures.