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True Organics London Ltd

13606484

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

20C SELSDON ROAD, CROYDON, CR2 6PA
Incorporated 07/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10390
Other processing and preserving of fruit and vegetables

Officers

Mr Kwame Agyemang Kumah

director · Since 07/09/2021

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Mrs Yvette Effua Assoum Kumah

director · Since 07/09/2021

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Kwame Agyemang Kumah

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

British · England · Age 39

20c Selsdon Road, Croydon, CR2 6PA

Notified 07/09/2021

Mrs Yvette Effua Assoum Kumah

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

British · England · Age 38

20c Selsdon Road, Croydon, CR2 6PA

Notified 07/09/2021

CompanyRankvs 555+ SIC 10390 peers
18

Financial strength12th percentile among SIC peers · 3/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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555True Organics London Ltd
27
How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 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.

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

have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. True Organics London Limited is a private company limited by shares incorporated in England and Wales. The

Key FinancialsYear ending 31/12/2024

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£9k

Current Liabilities

£19k

Fixed Assets

£547

0avg. employees-2

Balance Sheet

Assets less current liabilities-£9k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£3k
20230.35—

Derived from filed accounts. Not audited figures.