Company Overview
True Colours Painting & Furniture Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 14 May 2015, so this is a well established company. True Colours Painting & Furniture Ltd has been in business for 10 years and 10 months. The accounts status is total exemption full and the accounts are next due on Saturday 28 February 2026.
Registered Address

Unit 5B Main Drive, East Lane Business Park, Wembley, Middlesex, HA9 7NA
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Companies House Data
Company NameTRUE COLOURS PAINTING & FURNITURE LTD
Company Number09591784
Registered Office AddressUnit 5b Main Drive
 East Lane Business Park
 HA9 7NA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/05/2015
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2027
Accounts Last Made Up Date31/05/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date11/06/2017
Returns Last Made Up Date10/01/2016
Directors & Members
Show Resigned
Maksymilian Belz - Director
(Polish, 30 years old, born August 1996)
Appointed 03 June 2022
 Active
Izabela Hadrys - Director
(Polish, 27 years old, born June 1999)
Appointed 01 June 2020
 Active
Mariusz Hadrys - Director
(Polish, 53 years old, born May 1973)
Appointed 14 May 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Maksymilian Belz
No companies found
Izabela Hadrys
ARMOUR TRAINING CIC
Mariusz Hadrys
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 33,875 33,875 18,904
Current Assets 20,077 20,077 35,587
Creditors Due Within One Year -11,857 -11,857 1,006
Working Cap 31,934 31,934 34,581
Total Assets Less Current Liabilities 65,809 65,809 53,485
Long-term Liabilities 58,188 58,188 50,000
Net Assets 7,621 7,621 3,485
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 7,621 7,621 3,485
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 62.8% 62.8% 34.7%
Stocks Inventory - - -
Debtors 31.8% 31.8% 31.8%
Cash Bank In Hand 5.4% 5.4% 33.5%
Current Assets 37.2% 37.2% 65.3%
Creditors Due Within One Year -22.0% -22.0% 1.8%
Net Current Assets Liabilities 59.2% 59.2% 63.5%
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 14.1% 14.1% 6.4%
Capital Employed - - -
Total Assets Less Current Liabilities 122.0% 122.0% 98.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Liquidity Ratio -1.7 -1.7 35.4
Solvency Ratio 1.2 1.2 1.1
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 31-May-2025 31-May-2022 31-May-2021
Assets 53,952 53,952 54,491
Debt 46,331 46,331 51,006
Net Assets/Debt 7,621 7,621 3,485

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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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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Document Filings
Confirmation statement made on 3 June 2025 with no updates
Change of details for Mr Mariusz Hadrys as a person with significant control on 12 August 2024
Confirmation statement made on 3 June 2024 with no updates
Change of details for Mr Mariusz Hadrys as a person with significant control on 3 June 2022
Notification of Maksymilian Franciszek Belz as a person with significant control on 1 February 2024
Notification of Izabela Hadrys as a person with significant control on 1 February 2024
Confirmation statement made on 3 June 2023 with no updates
Appointment of Maksymilian Franciszek Belz as a director on 3 June 2022
Director's details changed for Izabela Hadrys on 1 June 2022
Confirmation statement made on 3 June 2022 with updates
Confirmation statement made on 3 June 2021 with no updates
Confirmation statement made on 3 June 2020 with updates
Appointment of Izabela Hadrys as a director on 1 June 2020
Confirmation statement made on 14 April 2020 with no updates
Confirmation statement made on 9 May 2019 with no updates
Confirmation statement made on 14 May 2018 with no updates
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