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The True Venture Project Limited

14234650

active
private limited guarant nsc
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

43-45 Bridge Street Row, Chester, CH1 1NW
Incorporated 14/07/2022

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 13/07/2025

Due 27/07/2026

On track

Industry

93199
Other amusement and recreation activities

Officers

Glyn Paul Jelley

director · Since 14/07/2022

British · United Kingdom · Age 44

Ryan Daniel Morrison

director · Since 14/07/2022

British · United Kingdom · Age 48

Persons with Significant Control

Ryan Daniel Morrison

25–50% votes

British · United Kingdom · Age 48

43-45, Bridge Street Row, Chester, CH1 1NW

Notified 14/07/2022

Mr Glyn Paul Jelley

25–50% votes

British · United Kingdom · Age 44

43-45, Bridge Street Row, Chester, CH1 1NW

Notified 14/07/2022

Change History

statusactive
2026-06-08

Active

typeprivate-limited-guarant-nsc
2026-06-08

PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

address line143-45 Bridge Street Row
2026-06-08

43-45 BRIDGE STREET ROW

post townChester
2026-06-08

CHESTER

officer appointedJELLEY, Glyn Paul
2026-06-08
officer appointedMORRISON, Ryan Daniel
2026-06-08

CompanyRankvs 19805+ SIC 93199 peers
25

Financial strength7th percentile among SIC peers · 2/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 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.

Longevity4/15 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 31/07/2025

Net Worth

-£33k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£18k

Current Liabilities

£51k

Debtors

£7k

0avg. employees

Balance Sheet

Assets less current liabilities-£33k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.35-£4k
20240.42+£5k
20230.04

Derived from filed accounts. Not audited figures.