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True Engineers Limited

12258048

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

LONG WOODCOCKS, BOURNE END, SL8 5JL
Incorporated 12/10/2019

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

78109
Other activities of employment placement agencies

Officers

Mr Derek Nicholas Scott

director · Since 12/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Derek Nicholas Scott

75–100% shares
75–100% votes
Appoint directors

British · England · Age 51

Long Woodcocks, Heavens Lea, Bourne End, SL8 5JL

Notified 12/10/2019

CompanyRankvs 6935+ SIC 78109 peers
62

Financial strength75th percentile among SIC peers · 19/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£133k

Current Liabilities

£126k

Fixed Assets

£22k

2avg. employees

Balance Sheet

Assets less current liabilities£34k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20241.05+£25k
20230.94-£37k
20221.13+£20k
20211.02-£10k
20205.32

Derived from filed accounts. Not audited figures.