Trueline Midlands Ltd
12362090
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/12/2019
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 1 other board
director · Since 07/02/2022
SALES DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
director · Since 22/10/2025
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 4 other boards
Persons with Significant Control
Midlands Holdings Limited
Oakhurst House, 57 Ashbourne Road, Derby, DE22 3FS
Reg: 09437947 · England · Limited Company
Notified 06/04/2020
Former PSCs
Mr Thomas David Macfarlane
Ceased 06/04/2020
CompanyRankvs 9029+ SIC 43999 peers71
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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 31/03/2025
Net Worth
£313k
Balance sheet strength
Cash
£54k
Cash in the bank
Net Current Assets
£360k
Working capital
Current Assets
£1.1M
Current Liabilities
£780k
Fixed Assets
£1k
Debtors
£846k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.46 | +£143k |
| 2024 | 1.48 | +£86k |
| 2023 | 1.30 | +£17k |
| 2022 | 1.18 | +£12k |
| 2021 | 1.19 | — |
Derived from filed accounts. Not audited figures.