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True Tone Hearing Solutions Ltd

12785131

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 310 INDIA MILLS, DARWEN, BB3 1AE
Incorporated 01/08/2020

Compliance

Last accounts

30/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/07/2025

Due 30/07/2026

On track

Industry

47741
47741

Officers

Mr David William Murphy

director · Since 01/08/2020

DIRECTOR

IRISH · UNITED KINGDOM · Age 54

Also on 33 other boards

Mr Conor Joseph Fitzpatrick

director · Since 25/08/2021

COMPANY DIRECTOR

NORTHERN IRISH · NORTHERN IRELAND · Age 49

Also on 1 other board

Persons with Significant Control

Amplify Hearing Ltd

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

Unit 310, India Mills, Darwen, BB3 1AE

Reg: 10447084 · Uk Register Of Companies · Private Company Limited By Shares

Notified 01/08/2020

Mr Conor Joseph Fitzpatrick

25–50% shares
25–50% votes

Northern Irish · Northern Ireland · Age 49

Unit 310, India Mills, Darwen, BB3 1AE

Notified 25/08/2021

CompanyRankvs 233+ SIC 47741 peers
46

Financial strength18th percentile among SIC peers · 5/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.79× · 6/20
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 strength5/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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 30/12/2023

Net Worth

-£280

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£136k

Current Liabilities

£173k

Fixed Assets

£49k

Debtors

£88k

9avg. employees+3

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.79
20220.93-£13k
20221.23+£13k
20211.28

Derived from filed accounts. Not audited figures.