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Truetea Ltd

13415794

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FLAT 1 WALLBROOK, LONDON, E18 2EG
Incorporated 24/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Bilal Ahmad

director · Since 24/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Bilal Ahmad

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

British · England · Age 46

Flat 1 Wallbrook, Woodford Road, London, E18 2EG

Notified 24/05/2021

Mr Amran Akhtar Iqbal

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

British · England · Age 45

126, Clayhall Avenue, Ilford, IG5 0LF

Notified 24/05/2021

CompanyRankvs 5310+ SIC 56102 peers
60

Financial strength96th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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5310Truetea Ltd
60
How is this score calculated?
Financial strength24/25 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.

Liquidity2/20 pts

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

Longevity5/15 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 31/05/2025

Net Worth

£158k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£158k

Working capital

Current Assets

£153k

Current Liabilities

£311k

13avg. employees

Balance Sheet

Assets less current liabilities£158k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.49+£0
20250.49-£8k
20240.41-£10k
20230.45—

Derived from filed accounts. Not audited figures.