Company Overview
True Language Services Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 01 June 2012, so this is a well established company. True Language Services Ltd has been in business for 11 years and 11 months. The accounts status is total exemption full and the accounts are next due on Sunday 31 March 2024.
Registered Address

Suite 2 Fountain House, 1A Elm Park, Stanmore, Middlesex, HA7 4AU
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameTRUE LANGUAGE SERVICES LTD
Company Number08093329
Registered Office AddressSuite 2 Fountain House
 1a Elm Park
 HA7 4AU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/06/2012
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2024
Accounts Last Made Up Date30/06/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date29/06/2017
Returns Last Made Up Date01/06/2016
Previous Company NameChanged Date
TRUE LANGUAGE SERVICES LTD27 Jun 2023
OXBRIDGE LANGUAGE SERVICES LTD19 Nov 2012
Directors & Members
Rory O'farrell - Director
(Irish, 54 years old, born July 1970)
Sales Representative - Appointed 01 June 2012
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Rory O'farrell
OXBRIDGE PROOFREADING LTD
Balance Sheet Unlock full report
Accounts Date 30-Jun-2022 30-Jun-2020 30-Jun-2019
Balance Sheet
Fixed Assets 300 300 450
Current Assets 9,310 9,310 12,458
Creditors Due Within One Year 9,412 9,412 12,686
Working Cap -102 -102 -228
Total Assets Less Current Liabilities 198 198 222
Long-term Liabilities 0 0 0
Net Assets 198 198 222
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 198 198 222
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2022 30-Jun-2020 30-Jun-2019
Tangible Fixed Assets - - -
Fixed Assets 3.1% 3.1% 3.5%
Stocks Inventory - - -
Debtors 41.6% 41.6% 62.0%
Cash Bank In Hand 55.3% 55.3% 34.5%
Current Assets 96.9% 96.9% 96.5%
Creditors Due Within One Year 97.9% 97.9% 98.3%
Net Current Assets Liabilities -1.1% -1.1% -1.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 2.1% 2.1% 1.7%
Capital Employed - - -
Total Assets Less Current Liabilities 2.1% 2.1% 1.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2022 30-Jun-2020 30-Jun-2019
Liquidity Ratio 1.0 1.0 1.0
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2022 30-Jun-2020 30-Jun-2019
Assets 9,610 9,610 12,908
Debt 9,412 9,412 12,686
Net Assets/Debt 198 198 222

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around HA7 4AU
ASMA MANAGEMENT CONSULTANCY LTD
Suite 2 Fountain House, 1a Elm Park, Stanmore, Middlesex, HA7 4AU
HEATH DRIVE LTD
Office 305 3rd Floor 31 Southampton Row, Holborn, London, HA7 4AU
D.I.Y. SALES (U.K.) LIMITED
SUITE 5B STANMORE TOWERS, 8-14 CHURCH ROAD, STANMORE, MIDDLESEX, HA7 4AU
40 OAKLEY LTD
C/O Donald Jacobs & Partners Suite 2 1st Floor, Fountain House, 1a Elm Park, Stanmore, Middlesex, HA7 4AU
13 BP LIMITED
Suite 2 Fountain House, 1a Elm Park, Stanmore, Middlesex, HA7 4AU
TECH REAL LIMITED
Suite 2, Fountain House, 1a Elm Park, Stanmore, Middlesex, HA7 4AU
VALLANCE ROAD LTD
Suite 2 Fountian House, 1a Elm Park, Stanmore, Middlesex, HA7 4AU
SHELLEY CLOSE (EDGWARE) LIMITED
67 ELM PARK, STANMORE, MIDDX, HA7 4AU
KANUBEEN CONSTRUCTION LIMITED
82 ST. JOHN STREET, LONDON, HA7 4AU
CLOUDHURST LIMITED
Fountain House, 1a Elm Park, Stanmore, Middlesex, HA7 4AU
Document Filings
Certificate of change of name
Resolutions
Change of name notice
Confirmation statement made on 1 June 2023 with no updates
Notification of Kirsteen O'farrell as a person with significant control on 6 April 2016
Confirmation statement made on 1 June 2022 with no updates
Director's details changed for Mr Rory Francis O'farrell on 30 May 2022
Change of details for Mr Rory Francis O'farrell as a person with significant control on 30 May 2022
Registered office address changed from Suite 2 Fountain House 1a Elm Park Stanmore Middlesex HA7 4AU to 82 st John Street London EC1M 4JN on 7 October 2021
Confirmation statement made on 1 June 2021 with updates
Confirmation statement made on 1 June 2020 with updates
Confirmation statement made on 1 June 2019 with updates
Confirmation statement made on 1 June 2018 with updates
Confirmation statement made on 1 June 2017 with updates
Statement of capital following an allotment of shares on 2 June 2016
Annual return made up to 1 June 2016 with full list of shareholders

In using this service you agree to the Terms and Conditions

© 2024 Check Free