Truetrace Ltd
11515034
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/08/2018
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 33
Also on 1 other board
Persons with Significant Control
Mr Andrew David Turner
British · England · Age 33
30, Hawk Close, Gloucester, GL4 4WE
Notified 13/08/2018
Enact It Ltd
6, 6 Thomas Stock Gardens, Gloucester, GL4 5GH
Reg: 12162355 · Companies House · Limited Company
Notified 26/08/2021
CompanyRankvs 6714+ SIC 80200 peers29
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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 31/08/2025
Net Worth
-£24k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£11k
Working capital
Current Assets
—
Current Liabilities
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2024 | — | +£0 |
| 2023 | -0.21 | -£11k |
| 2022 | — | -£6k |
| 2021 | 0.06 | -£4k |
| 2020 | 1.41 | +£744 |
| 2019 | 0.07 | — |
Derived from filed accounts. Not audited figures.