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True Swing Ltd

12081038

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

DEPOT CURRAN BUILDINGS, CURRAN ROAD, CARDIFF, CF10 5DF
Incorporated 02/07/2019

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 01/07/2025

Due 15/07/2026

On track

Industry

93290
Other amusement and recreation activities

Officers

Mr Peter Jonathan Cro

director · Since 02/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 5 other boards

Mr Nicholas Edward Saunders

director · Since 02/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 7 other boards

Mr Gareth Frank Bale

director · Since 21/02/2020

SPORTSMAN

BRITISH · WALES · Age 36

Also on 1 other board

Mr James Richard Humphrys

director · Since 21/02/2020

COMPANY DIRECTOR

BRITISH · WALES · Age 34

Also on 1 other board

Persons with Significant Control

Elevens Group Limited

25–50% shares
25–50% votes

Lynton House, 7 - 12 Tavistock Square, London, WC1H 9BQ

Reg: 10346739 · Registrar Of Companies (England And Wales) · Private Limited Company

Notified 21/02/2020

Depot Marketing Limited

25–50% shares
25–50% votes

Depot, Curran Buildings, Curran Road, Cardiff, CF10 5DF

Reg: 10977557 · Registrar Of Companies (England And Wales) · Private Limited Company

Notified 21/02/2020

Former PSCs

Mr Peter Jonathan Cro

Ceased 21/02/2020

Mr Nicholas Edward Saunders

Ceased 21/02/2020

Charges2 outstanding

Charge
outstanding

THE COUNTY COUNCIL OF THE CITY AND COUNTY OF CARDIFF

Created 29/02/2024Registered 01/03/2024
Charge
outstanding

THE COUNTY COUNCIL OF THE CITY AND COUNTY OF CARDIFF

Created 17/12/2021Registered 22/12/2021

CompanyRankvs 9843+ SIC 93290 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

-£330k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

-£745k

Working capital

Current Assets

£267k

Current Liabilities

£1.0M

Fixed Assets

£1.7M

Debtors

£188k

28avg. employees

Balance Sheet

Assets less current liabilities£999k
Signed by Mr P J Cro 27/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26+£0
20250.26-£267k
20240.28
20231.97
20220.32-£305k
20210.39-£102k
20201.47

Derived from filed accounts. Not audited figures.