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Truthcorp Holdings Ltd

12680542

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

TRUTHCORP HOLDINGS LTD, 71-75, LONDON, WC2H 9JQ
Incorporated 18/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Mr Trent Gordon Scanlen

director · Since 18/06/2020

DIRECTOR

AUSTRALIAN · ENGLAND · Age 49

Persons with Significant Control

Mr Trent Gordon Scanlen

Significant control

Australian · England · Age 49

Truthcorp Holdings Ltd, 71-75, Shelton Street, London, WC2H 9JQ

Notified 01/07/2025

Former PSCs

Mr Trent Gordon Scanlen

Ceased 30/06/2025

Sageroo Pty Ltd Atf Hsw Family Trust C/O As Partners

Ceased 30/06/2025

CompanyRankvs 2678+ SIC 56290 peers
68

Financial strength99th percentile among SIC peers · 25/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.32× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 pts

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

Liquidity20/20 pts

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

Longevity6/15 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 31/12/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£11

Cash in the bank

Net Current Assets

£706k

Working capital

Current Assets

£1.2M

Current Liabilities

£535k

Fixed Assets

£396k

Debtors

£1.2M

0avg. employees

Tax at Year End(2021)

VAT£11k

Balance Sheet

Intangible assets£396k
Assets less current liabilities£1.1M

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.32-£49k
20237.90+£139k
20223.61+£0
20223.61+£722k
20212.96+£19k£214k
20206.70

Derived from filed accounts. Not audited figures.