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True Colours Painting & Decorating Contractors Ltd

12753971

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

6 SOUTHWOOD ROAD, WHITSTABLE, CT5 2PN
Incorporated 19/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Jason Peirce

director · Since 19/07/2020

PAINTER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Jason Peirce

25–50% shares
25–50% votes
Appoint directors

British · England · Age 47

6, Southwood Road, Whitstable, CT5 2PN

Notified 19/07/2020

Mrs Kayleigh Peirce

25–50% shares
25–50% votes

British · England · Age 39

6, Southwood Road, Whitstable, CT5 2PN

Notified 19/07/2020

CompanyRankvs 7768+ SIC 43341 peers
62

Financial strength66th percentile among SIC peers · 17/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio Infinity× · 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 strength17/25 pts

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

Employees4/15 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 31/07/2025

Turnover

£87k

Annual revenue

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£4k

Current Liabilities

£0

Fixed Assets

£0

Profit After Tax

£5k

1avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£11k
Signed by 1.8.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2025Infinity+£2k
2024Infinity-£16k
2023Infinity+£12k
2022Infinity+£2k
2021Infinity

Derived from filed accounts. Not audited figures.