Company Overview
True Construction Ltd is a Dissolved Private Limited Company.
Registered Address

Unit 7 Off Princess Way, Prudhoe, Newcastle Upon Tyne, Tyne & Wear, NE42 6PL
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Companies House Data
Company NameTRUE CONSTRUCTION LTD
Company Number08421220
Registered Office AddressUnit 7 Off Princess Way
 Prudhoe
 NE42 6PL
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date27/02/2013
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2016
Accounts Last Made Up Date28/02/2015
Accounts Account CategoryTOTAL EXEMPTION SMALL
Returns Next Due Date27/03/2017
Returns Last Made Up Date27/02/2016
Directors & Members
Stephen Watson - Director
(British, 56 years old, born January 1970)
Appointed 27 February 2013
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Stephen Watson
DIRECT BUILDERS NORTH EAST LTD
TRUE BUILDING AND CONSTRUCTION LTD
TYNE CONSTRUCTION LTD
WATSON BUILDERS LTD
WATSON BUILDERS NORTH EAST LIMITED
WATSON BUILDING & CONSTRUCTION LTD
WATSON CONSTRUCTION NORTHEAST LTD
WATSONS BUILDERS LTD
WATSONS BUILDERS NORTHUMBERLAND LTD
Balance Sheet Unlock full report
Accounts Date 28-Feb-2015 28-Feb-2014
Balance Sheet
Fixed Assets 0 0
Current Assets 3,693 1
Creditors Due Within One Year 1,862 0
Working Cap 1,831 1
Total Assets Less Current Liabilities 1,831 1
Long-term Liabilities 0 0
Net Assets 1,831 1
Share Capital & Reserves
Share Cap 1 1
Profit & Loss Reserves 1,830 -
Other Reserves 0 -
Shareholders Funds 1,831 1
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2015 28-Feb-2014
Tangible Fixed Assets - -
Fixed Assets 0.0% 0.0%
Stocks Inventory 13.5% -
Debtors 52.7% -
Cash Bank In Hand 33.7% 100.0%
Current Assets 100.0% 100.0%
Creditors Due Within One Year 50.4% 0.0%
Net Current Assets Liabilities 49.6% 100.0%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability 49.6% 100.0%
Called Up Share Capital 0.0% 100.0%
Share Capital Allotted Called Up Paid - -
Profit Loss Account Reserve 49.6% -
Shareholder Funds 49.6% 100.0%
Capital Employed - -
Total Assets Less Current Liabilities 49.6% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2015 28-Feb-2014
Liquidity Ratio 2.0 1.0
Solvency Ratio 2.0 ∞
Reserves to Assets 0.5 -
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 28-Feb-2015 28-Feb-2014
Assets 3,693 1
Debt 1,862 0
Net Assets/Debt 1,831 1
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
Final Gazette dissolved via compulsory strike-off
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Annual return made up to 27 February 2016 with full list of shareholders
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Annual return made up to 27 February 2015 with full list of shareholders
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Annual return made up to 27 February 2014 with full list of shareholders
Incorporation
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