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True Path Ltd

13522804

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

27 HAYES HILL ROAD, BROMLEY, BR2 7HH
Incorporated 21/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
70229
Management consultancy activities

Officers

Miss Simone Penelope Mahoney

director · Since 21/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Miss Simone Penelope Mahoney

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

British · England · Age 51

27, Hayes Hill Road, Bromley, BR2 7HH

Notified 21/07/2021

CompanyRankvs 38000+ SIC 47910 peers
39

Financial strength61th percentile among SIC peers · 15/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees8/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements are presented in sterling (£), which is also the functional currency of the company. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/07/2025

Net Worth

£656

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£852

Working capital

Current Assets

£23k

Current Liabilities

£23k

Fixed Assets

£2k

Debtors

£11k

1avg. employees

Tax at Year End(2024)

Corp tax£14k

Director Loans(2024)

Directors owe company£10k

Balance Sheet

Assets less current liabilities£1k
Signed by Mrs S P Mahoney 20/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.96
20240.96
20231.01

Derived from filed accounts. Not audited figures.