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True Adapt Limited

15467315

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT D3 & D4 RIVERSIDE INDUSTRIAL ESTATE, LITTLEHAMPTON, BN17 5DF
Incorporated 05/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Gareth Davies

director · Since 05/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Mr James Daniel Highton

director · Since 02/07/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Gareth Davies

50–75% shares
50–75% votes
Appoint directors

British · England · Age 48

Unit D3 & D4, Riverside Industrial Estate, Littlehampton, BN17 5DF

Notified 05/02/2024

Mr James Daniel Highton

Appoint directors

British · England · Age 40

Unit D3 & D4, Riverside Industrial Estate, Littlehampton, BN17 5DF

Notified 02/07/2024

Former PSCs

Mr Oliver Michael Shurmer

Ceased 03/10/2025

CompanyRankvs 20285+ SIC 43390 peers
56

Financial strength36th percentile among SIC peers · 9/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.65× · 16/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 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.

Liquidity16/20 pts

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

Longevity2/15 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 28/02/2026

Net Worth

£186

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£170k

Current Liabilities

£103k

Fixed Assets

£26k

Debtors

£75k

6avg. employees

Balance Sheet

Assets less current liabilities£92k
Signed by Mr Gareth Davies 26/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20261.65
20261.65
20251.81

Derived from filed accounts. Not audited figures.