True Accounting Ltd
11587796
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/09/2018
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 8 other boards
Persons with Significant Control
Mr Christopher James Bradford
British · England · Age 43
34, Winchelsea Road, Sleaford, NG34 9BN
Notified 25/09/2018
Miss Lauren Claire Bradford
British · England · Age 24
34, Winchelsea Road, Sleaford, NG34 9BN
Notified 31/03/2025
Former PSCs
Mrs Claire Julie Bradford
Ceased 28/06/2021
CompanyRankvs 20866+ SIC 69201 peers51
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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
-£819
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£14k
Working capital
Current Assets
£16k
Current Liabilities
£2k
Fixed Assets
£489
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.90 | — |
| 2023 | 4.13 | — |
| 2022 | 4.22 | -£2k |
| 2021 | 1.78 | -£701 |
| 2020 | 3.27 | +£2k |
| 2019 | 1.70 | — |
Derived from filed accounts. Not audited figures.