Company Overview
Truenorth It Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 14 February 2014, so this is a well established company. Truenorth It Limited has been in business for 12 years and 1 month. The accounts status is total exemption full and the accounts are next due on Saturday 31 January 2026.
Registered Address

First Floor South Marshalls Court, Marshall Street, Leeds, LS11 9YP
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Companies House Data
Company NameTRUENORTH IT LIMITED
Company Number08894667
Registered Office AddressFirst Floor South Marshalls Court
 Marshall Street
 LS11 9YP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/02/2014
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2027
Accounts Last Made Up Date30/04/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date17/05/2017
Returns Last Made Up Date19/04/2016
Directors & Members
Robert Davies - Director
(British, 55 years old, born November 1971)
Appointed 14 February 2014
 Active
Steven Drake - Director
(English, 52 years old, born June 1974)
Appointed 14 February 2014
 Active
Christian Waters - Director
(British, 48 years old, born April 1978)
Appointed 14 February 2014
 Active
Secretaries
Bethany Davies - Secretary
Appointed 03 March 2018
 Active
Other Company Directorships
Robert Davies
FLOW FRAMEWORKS LIMITED
RGD CONSULTING LIMITED
Steven Drake
No companies found
Christian Waters
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Apr-2025 30-Apr-2023 30-Apr-2022
Balance Sheet
Fixed Assets 931 931 1,289
Current Assets 459,608 459,608 317,461
Creditors Due Within One Year 138,848 138,848 144,823
Working Cap 320,760 320,760 172,638
Total Assets Less Current Liabilities 321,691 321,691 173,927
Long-term Liabilities 320,791 320,791 173,027
Net Assets 900 900 900
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 900 900 900
Common Size Financial Analysis Unlock full report
Accounts Date 30-Apr-2025 30-Apr-2023 30-Apr-2022
Tangible Fixed Assets - - -
Fixed Assets 0.2% 0.2% 0.4%
Stocks Inventory - - -
Debtors 50.2% 50.2% 22.4%
Cash Bank In Hand 49.6% 49.6% 77.2%
Current Assets 99.8% 99.8% 99.6%
Creditors Due Within One Year 30.1% 30.1% 45.4%
Net Current Assets Liabilities 69.6% 69.6% 54.2%
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 0.2% 0.2% 0.3%
Capital Employed - - -
Total Assets Less Current Liabilities 69.9% 69.9% 54.6%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Apr-2025 30-Apr-2023 30-Apr-2022
Liquidity Ratio 3.3 3.3 2.2
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-Apr-2025 30-Apr-2023 30-Apr-2022
Assets 460,539 460,539 318,750
Debt 459,639 459,639 317,850
Net Assets/Debt 900 900 900

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. 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 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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. 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 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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. 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 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
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APP REVIEW OPTIMISATION LIMITED
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Document Filings
Confirmation statement made on 13 February 2026 with updates
Confirmation statement made on 13 February 2025 with updates
Change of details for Mr Christian Waters as a person with significant control on 13 February 2025
Director's details changed for Mr Christian Waters on 13 February 2025
Registered office address changed from 00/12 Tower Works Globe Road Leeds West Yorkshire LS11 5QG England to First Floor South Marshalls Court Marshall Street Leeds LS11 9YP on 10 May 2024
Secretary's details changed for Mrs Bethany Davies on 10 May 2024
Change of details for Mr Christian Waters as a person with significant control on 10 May 2024
Director's details changed for Mr Christian Waters on 10 May 2024
Confirmation statement made on 13 February 2024 with updates
Cessation of Steven Stewart Drake as a person with significant control on 27 October 2023
Notification of Christian Waters as a person with significant control on 27 October 2023
Change of details for Mr Steven Stewart Drake as a person with significant control on 27 October 2023
Confirmation statement made on 13 February 2023 with updates
Change of details for Mr Steven Drake as a person with significant control on 17 August 2022
Confirmation statement made on 13 February 2022 with updates
Confirmation statement made on 13 February 2021 with updates
Registered office address changed from 00/02 Tower Works Globe Road Leeds LS11 5QG England to 00/12 Tower Works Globe Road Leeds West Yorkshire LS11 5QG on 1 November 2020
Memorandum and Articles of Association
Resolutions
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