TRUTH CONSULTING LIMITED
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Next accounts due
2026-09-29 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-25 (in 2mo)
Last made up 2025-07-11
Watchouts
Cash
£285K
+2.5% vs 2023
Net assets
£127K
+9.5% vs 2023
Employees
31
+6.9% vs 2023
Profit before tax
-£157K
-135.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-29 | 2024-12-31 |
|---|---|---|---|
| Turnover | £5,682,000 | £4,519,000 | |
| Operating profit | £439,000 | -£157,000 | |
| Profit before tax | £439,000 | -£157,000 | |
| Net profit | £439,000 | £11,000 | |
| Cash | £278,000 | £285,000 | |
| Total assets less current liabilities | £109,000 | £127,000 | |
| Net assets | £116,000 | £127,000 | |
| Equity | £116,000 | £127,000 | |
| Average employees | 29 | 31 | |
| Wages | £2,156,000 | £1,708,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-29 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.7% | -3.5% | |
| Net margin | 7.7% | 0.2% | |
| Return on capital employed | 402.8% | -123.6% | |
| Gearing (liabilities / total assets) | 96.9% | 96.7% | |
| Current ratio | 1.03x | 1.03x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having reviewed the cash flow forecasts for the Company and the wider group, including reasonably possible downside sensitivities, the Directors are satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.”
Significant events
- “Truth Consulting Limited was a member of the Instinctif Partners Group of companies. On the 15th December 2025, it became part of Paritee Holding AS.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDERSSON, Matilda Elisabeth Cecilia, Dr | Director | 2025-11-14 | May 1980 | Swedish |
| PALMQVIST, Lars Jonas | Director | 2025-12-15 | Apr 1970 | Swedish |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CULVER EVANS, Philip Frederick | Secretary | 2007-11-08 | 2009-03-31 |
| HOLGATE, Nicholas James | Secretary | 2013-09-23 | 2018-12-19 |
| TALBOT, Adrian Robert | Secretary | 2009-03-31 | 2013-10-29 |
| GANTS HILL CORPORATE SERVICES LIMITED | Corporate Secretary | 2006-06-13 | 2007-11-08 |
| RWL REGISTRARS LIMITED | Corporate Secretary | 2006-06-13 | 2006-06-13 |
| AMORY, Edward Fitzgerald Heathcoat | Director | 2022-08-03 | 2024-03-18 |
| CARTER, Neil Jason | Director | 2024-05-09 | 2025-12-15 |
| COBURN, Neil | Director | 2009-07-01 | 2013-04-05 |
| DEXTER, Andrew John | Director | 2006-06-13 | 2015-10-16 |
| DUBOIS, Susan Diane | Director | 2006-09-06 | 2007-11-08 |
| EVANS, Glenn James Andrew | Director | 2023-06-14 | 2024-04-30 |
| HOLGATE, Nicholas James | Director | 2013-09-23 | 2018-12-19 |
| LINACRE, Timothy James Thornton | Director | 2018-11-09 | 2025-11-14 |
| NICHOLS, Richard Stephen | Director | 2007-11-08 | 2018-11-09 |
| SANDBERG, Alexander Logie John | Director | 2007-11-08 | 2011-10-06 |
| SMITH, Victoria | Director | 2022-08-03 | 2025-11-14 |
| TALBOT, Adrian Robert | Director | 2011-10-06 | 2013-10-29 |
| TAYLOR-SMITH, Joanna Clare | Director | 2022-08-03 | 2023-04-06 |
| WALKER, Julian Charles Holmden | Director | 2024-05-13 | 2025-09-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Truth Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-12-15 | Active |
| Mr Timothy James Thornton Linacre | Individual | Significant influence, significant-influence-or-control-as-firm | 2018-11-09 | Ceased 2025-06-30 |
| Instinctif Partners Intermediate Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-12-15 |
| Mr Nicholas James Holgate | Individual | Significant influence, significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2018-12-19 |
| Mr Richard Stephen Nichols | Individual | Significant influence, significant-influence-or-control-as-firm | 2016-04-06 | Ceased 2018-11-09 |
Filing timeline
Last 20 of 143 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-22 RESOLUTIONS Resolution
- 2025-12-22 MA Memorandum articles
- 2025-12-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-11 | AA | accounts | Accounts with accounts type full | |
| 2026-04-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-22 | MA | incorporation | Memorandum articles | |
| 2025-12-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-26 | AA | accounts | Accounts with accounts type full | |
| 2025-06-11 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-29
-
Turnover
-20.5%
£5,682,000 £4,519,000
-
Cash
+2.5%
£278,000 £285,000
-
Net assets
+9.5%
£116,000 £127,000
-
Employees
+6.9%
29 31
-
Operating profit
-135.8%
£439,000 -£157,000
-
Profit before tax
-135.8%
£439,000 -£157,000
-
Wages
-20.8%
£2,156,000 £1,708,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers