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True Components Ltd

12806077

active
Private Limited Company
england wales
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

114 SANDYGATE ROAD, SHEFFIELD, S10 5RZ
Incorporated 11/08/2020

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 10/08/2025

Due 24/08/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles
30920
Manufacture of bicycles and invalid carriages
47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Benjamin Campbell Harman

director · Since 11/08/2020

DESIGNER

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Persons with Significant Control

Mr Benjamin Campbell Harman

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

British · England · Age 35

114, Sandygate Road, Sheffield, S10 5RZ

Notified 11/08/2020

CompanyRankvs 917+ SIC 29320 peers
51

Financial strength60th percentile among SIC peers · 15/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.94× · 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 strength15/25 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.

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 31/08/2024

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£163

Working capital

Current Assets

£3k

Current Liabilities

£3k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94+£3k
20230.67-£3k
20221.24+£3k
20211.06

Derived from filed accounts. Not audited figures.