True North Design Ltd
14441148
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Homan Cheung
British · England · Age 32
28, Raglan Avenue, Manchester, M45 6US
Notified 25/10/2022
CompanyRankvs 18706+ SIC 62090 peers63
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
£16k
Balance sheet strength
Cash
£12k
Cash in the bank
Net Current Assets
£16k
Working capital
Current Assets
£17k
Current Liabilities
£799
Debtors
£1k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 20.71 | -£2k |
Derived from filed accounts. Not audited figures.