Company Overview
Truestart Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 15 July 2013, so this is a well established company. Truestart Limited has been in business for 12 years and 8 months. The accounts status is full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

True House, 29 Buckingham Gate, London, SW1E 6NF
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Companies House Data
Company NameTRUESTART LIMITED
Company Number08610030
Registered Office AddressTrue House
 29 Buckingham Gate
 SW1E 6NF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date15/07/2013
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryFULL
Returns Next Due Date12/08/2016
Returns Last Made Up Date15/07/2015
Directors & Members
Show Resigned
Paul Cocker - Director
(British, 47 years old, born May 1979)
Appointed 15 July 2013
 Active
Richard Mergler - Director
(British, 62 years old, born October 1964)
Appointed 13 December 2013
 Active
William Pearson - Director
(British, 50 years old, born February 1976)
Appointed 02 August 2017
 Active
Matthew Truman - Director
(British, 47 years old, born May 1979)
Appointed 13 December 2013
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Paul Cocker
BLOOM BIDCO LIMITED
BLOOM MIDCO LIMITED
BLOOM TOPCO LIMITED
BRADCUTTS LLP
BRADLEY BIDCO LIMITED
BRADLEY CLEANCO LIMITED
BRADLEY TOPCO LIMITED
BRADLEY ULTRA TOPCO LIMITED
HIGHRISE BIDCO LTD
HIGHRISE CLEANCO LTD
HIGHRISE MIDCO LTD
HIGHRISE TOPCO LTD
HUSH HOMEWEAR LIMITED
R N VENTURES LIMITED
RAVEN BIDCO LIMITED
RAVEN MIDCO LIMITED
RAVEN TOPCO LIMITED
RECOLETA BIDCO LIMITED
RECOLETA TOPCO LIMITED
SCOBY BIDCO LIMITED
SCOBY TOPCO LIMITED
THE BLOGGER PROGRAMME LIMITED
TRIPLE R OPPORTUNITIES LIMITED
TRUE ADVISORY LIMITED
TRUE CAPITAL GP I LLP
TRUE CAPITAL LTD
TRUE CAPITAL MEMBER I LIMITED
TRUE CAPITAL PARTNERS LLP
TRUE DATA LIMITED
TRUE MONEY LIMITED
TYRES ON THE DRIVE LTD
VICTOR HOLDINGS LIMITED
VICTOR MIDCO LIMITED
VICTOR TOPCO LIMITED
Richard Mergler
CURATED LIMITED
SHWEEP LIMITED
TRUE CAPITAL LTD
William Pearson
BENCHMARK INVESTMENT PORTFOLIO LIMITED
BRADCUTTS LLP
BRADLEY BIDCO LIMITED
BRADLEY CLEANCO LIMITED
BRADLEY TOPCO LIMITED
BRADLEY ULTRA TOPCO LIMITED
DRAKEMANOR LIMITED
GE CAPITAL CORPORATION (PROPERTIES) LIMITED
GE CAPITAL EMEA SERVICES LIMITED
GE LEVERAGED LOANS LIMITED
GE REAL ESTATE LEVERAGED LOANS LIMITED
GE VERNOVA FINANCIAL SERVICES LIMITED
GECC (OBS INVESTMENT COMPANY) LIMITED
HASLEMERE ESTATES LIMITED
HIGHRISE BIDCO LTD
HIGHRISE CLEANCO LTD
HIGHRISE MIDCO LTD
HIGHRISE TOPCO LTD
KENSINGTON UK REAL ESTATE DEVELOPMENTS LIMITED
KENSINGTON UK REAL ESTATE TRADING LIMITED
NMB-HELLER TRADE FINANCE LIMITED
OB CAPITAL LTD
PHJW NO 32 LIMITED
RAVEN BIDCO LIMITED
RAVEN MIDCO LIMITED
RAVEN TOPCO LIMITED
SCOBY BIDCO LIMITED
SCOBY TOPCO LIMITED
SECURITY CAPITAL (U.K.) MANAGEMENT LIMITED
TRUE CAPITAL LTD
VICTOR HOLDINGS LIMITED
VICTOR MIDCO LIMITED
VICTOR TOPCO LIMITED
WOODCHESTER (CL) EQUIPMENT FINANCE LIMITED
Matthew Truman
A.T. SHOP LIMITED
R N VENTURES LIMITED
SARAH TRUMAN LIMITED
THE BLOGGER PROGRAMME LIMITED
TRUE CAPITAL LTD
TRUE CAPITAL ONE LIMITED
TYRES ON THE DRIVE LTD
WAVENEY RUSH LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 1,987,759 1,987,759 35,283
Current Assets 1,825,412 1,825,412 830,190
Creditors Due Within One Year 3,179,439 3,179,439 622,849
Working Cap -1,354,027 -1,354,027 207,341
Total Assets Less Current Liabilities 633,732 633,732 242,624
Long-term Liabilities 631,570 631,570 0
Net Assets 2,162 2,162 242,624
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,162 2,162 242,624
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 52.1% 52.1% 4.1%
Stocks Inventory - - -
Debtors 32.7% 32.7% 56.7%
Cash Bank In Hand 4.0% 4.0% 39.2%
Current Assets 47.9% 47.9% 95.9%
Creditors Due Within One Year 83.4% 83.4% 72.0%
Net Current Assets Liabilities -35.5% -35.5% 24.0%
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 0.1% 0.1% 28.0%
Capital Employed - - -
Total Assets Less Current Liabilities 16.6% 16.6% 28.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.6 0.6 1.3
Solvency Ratio 1.0 1.0 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 3,813,171 3,813,171 865,473
Debt 3,811,009 3,811,009 622,849
Net Assets/Debt 2,162 2,162 242,624

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

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 SW1E 6NF
No other companies found in the same location
Document Filings
Confirmation statement made on 15 July 2025 with updates
Registration of charge 086100300004, created on 8 January 2025
Confirmation statement made on 15 July 2024 with updates
Change of details for True Capital Limited as a person with significant control on 16 November 2023
Confirmation statement made on 15 July 2023 with updates
Confirmation statement made on 15 July 2022 with updates
Director's details changed for Mr William James Pearson on 29 January 2022
Director's details changed for Mr Paul Andrew Cocker on 29 January 2022
Director's details changed for Mr Richard David Mergler on 29 January 2022
Registered office address changed from 18a/20 King Street Maidenhead Berkshire SL6 1EF United Kingdom to True House 29 Buckingham Gate London SW1E 6NF on 30 January 2022
Confirmation statement made on 15 July 2021 with updates
Registration of charge 086100300003, created on 14 June 2021
Registration of charge 086100300002, created on 14 June 2021
Registered office address changed from Francis House 11 Francis Street London SW1P 1DE to 18a/20 King Street Maidenhead Berkshire SL6 1EF on 18 December 2020
Confirmation statement made on 15 July 2020 with updates
Statement of capital on 26 June 2020
Solvency Statement dated 02/04/20
Statement by Directors
Resolutions
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