TRUESTART LIMITED
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Cash
£68K
-36.3% lowest in 6 filed years
Net assets
£4.7K
+6.6% vs 2024
Employees
4
0% vs 2024
Profit before tax
£193K
-8.3% vs 2024
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £2,149,893 | £2,499,334 | £2,482,357 | £2,801,436 | £2,180,748 | £2,366,762 | +8.5% | |
| Operating profit | £103,199 | £163,971 | £103,669 | £280,144 | £210,231 | £192,299 | -8.5% | |
| Profit before tax | £103,279 | £163,992 | £103,673 | £280,307 | £210,465 | £193,035 | -8.3% | |
| Net profit | £75,630 | £129,028 | £59,538 | £191,688 | £135,532 | £115,288 | -14.9% | |
| Cash | £629,513 | £339,043 | £153,103 | £679,949 | £107,192 | £68,303 | -36.3% | |
| Total assets less current liabilities | £119,521 | £242,624 | £633,732 | £772,957 | £504,730 | £328,179 | -35% | |
| Net assets | £113,596 | £242,624 | £2,162 | £3,850 | £4,382 | £4,670 | +6.6% | |
| Equity | £113,596 | £242,624 | £2,162 | £3,850 | £4,382 | £4,670 | +6.6% | |
| Average employees | — | — | 4 | 4 | 4 | 4 | 0% | |
| Wages | — | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 4.8% | 6.6% | 4.2% | 10.0% | 9.6% | 8.1% | |
| Net margin | 3.5% | 5.2% | 2.4% | 6.8% | 6.2% | 4.9% | |
| Return on capital employed | 86.3% | 67.6% | 16.4% | 36.2% | 41.7% | 58.6% | |
| Current ratio | — | — | — | — | 0.74x | 0.72x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- FLB Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The financial year-ended March 2025 represented a year of progression for Truestart Limited, continued to add to its list of corporate partners with notable agreements with Primark and Newton Consulting, all the while ensuring key renewals of existing partners, further strengthening our global proposition.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COCKER, Paul Andrew | Director | 2013-07-15 | May 1979 | British |
| MERGLER, Richard David | Director | 2013-12-13 | Oct 1964 | British |
| PEARSON, William James | Director | 2017-08-02 | Feb 1976 | British |
| TRUMAN, Matthew Arthur | Director | 2013-12-13 | May 1979 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHRISTIAN WEST, Ailish Martina | Director | 2014-03-18 | 2020-02-28 |
| DE ROTHSCHILD, Anthony James | Director | 2013-12-13 | 2019-04-23 |
| KAHAN, Barbara | Director | 2013-07-15 | 2013-07-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| True Capital Limited | Corporate entity | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm), Significant influence (as firm) | 2016-04-06 | Active |
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-11 | AA | accounts | Accounts with accounts type full | |
| 2025-07-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-07-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-05 | AA | accounts | Accounts with accounts type full | |
| 2023-11-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-07-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-21 | AA | accounts | Accounts with accounts type full | |
| 2022-07-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-30 | CH01 | officers | Change person director company with change date | |
| 2022-01-30 | CH01 | officers | Change person director company with change date | |
| 2022-01-30 | CH01 | officers | Change person director company with change date | |
| 2022-01-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-16 | AA | accounts | Accounts with accounts type full | |
| 2021-07-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-06-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-12-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-12-09 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.