TRUE POTENTIAL LLP
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-15 (in 7mo)
Last made up 2025-12-01
Watchouts
None on the register
Cash
£20M
+1,427.8% vs 2023
Net assets
£800M
+195.7% vs 2023
Employees
152
+12.6% vs 2023
Profit before tax
-£16M
-111.9% vs 2023
Name history
Renamed 1 time since incorporation
- TRUE POTENTIAL LLP 2013-01-31 → present
- TRUE POTENTIAL OPERATIONS LLP 2012-12-05 → 2013-01-31
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £163,610,000 | £265,100,000 | |
| Operating profit | £135,955,000 | -£16,696,000 | |
| Profit before tax | £135,907,000 | -£16,199,000 | |
| Net profit | £135,907,000 | -£16,199,000 | |
| Cash | £1,331,000 | £20,335,000 | |
| Total assets less current liabilities | £271,145,000 | £800,170,000 | |
| Net assets | £270,415,000 | £799,718,000 | |
| Equity | £270,415,000 | £799,718,000 | |
| Average employees | 135 | 152 | |
| Wages | £14,220,000 | £12,116,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 83.1% | -6.3% | |
| Net margin | 83.1% | -6.1% | |
| Return on capital employed | 50.1% | -2.1% | |
| Current ratio | 0.01x | 0.43x | |
| Interest cover | 1562.70x | -256.86x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements for 2024 show a net asset position of £799.7m. Management has reviewed forecasts and projections and has a reasonable expectation that the Partnership has adequate resources to continue in operational existence for at least 12 months after the approval of these financial statements. The going concern basis is adopted.”
Group structure
- TRUE POTENTIAL LLP · parent
- True Potential Adviser Services LLP 100%
- True Potential Investments LLP 100%
- True Potential Wealth Management LLP 100%
- True Potential Administration LLP 100%
- True Potential Nominee Limited 100%
- True Potential Trustee Company Limited 100%
Significant events
- “On 12 February 2025, the Partnership received distributed profits of £5.0m and £40.0m in cash from its subsidiary undertakings, True Potential Administration LLP and True Potential Investments LLP respectively.”
- “On 22 January and 12 February 2025, the Partnership distributed profits of £2.4m and £44.0m, respectively, to the Holding Member, using cash.”
- “On 26 March 2025, the Holding Member invested Members' capital of £52.4m into the Partnership, using cash.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 98 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TRUE POTENTIAL GROUP LIMITED | Corporate Llp Designated Member | 2016-08-02 | — | — |
| TRUE POTENTIAL HOLDINGS LIMITED | Corporate Llp Designated Member | 2016-08-02 | — | — |
Show 98 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GLASGOW, Earl William | Llp Designated Member | 2012-12-05 | 2016-08-02 |
| HARRISON, Daniel George | Llp Designated Member | 2012-12-05 | 2016-08-02 |
| HARRISON, David George | Llp Designated Member | 2012-12-05 | 2016-08-02 |
| HENDERSON, Mark | Llp Designated Member | 2012-12-05 | 2016-08-02 |
| JOHNSON, Neil Andrew | Llp Designated Member | 2012-12-05 | 2016-08-02 |
| AHMED, Emel | Llp Member | 2016-01-21 | 2016-08-02 |
| ANDERSON, Adam | Llp Member | 2013-10-21 | 2016-08-02 |
| ANDERSON, Ryan | Llp Member | 2016-01-21 | 2016-08-02 |
| ANDREWS, Peter | Llp Member | 2016-01-21 | 2016-08-02 |
| ASHFORTH, Douglas Keith | Llp Member | 2016-01-21 | 2016-08-02 |
| AUSTIN, Hilary Ellen | Llp Member | 2015-01-01 | 2016-08-02 |
| BARKER, Nicholas Robert | Llp Member | 2016-01-21 | 2016-08-02 |
| BASARABA, Leigh-Anne | Llp Member | 2013-10-21 | 2016-08-02 |
| BEVERIDGE, Colin James | Llp Member | 2015-01-01 | 2016-08-02 |
| BINGLE, Julian Nicholas | Llp Member | 2013-10-21 | 2016-02-11 |
| BINKS, Christopher Joseph | Llp Member | 2014-04-28 | 2016-08-02 |
| BLACK, David Philip | Llp Member | 2013-10-21 | 2016-08-02 |
| BOND, Paul Nicholas | Llp Member | 2013-10-21 | 2015-01-28 |
| BOOTH, Christopher | Llp Member | 2014-04-28 | 2016-08-02 |
| BOOTH, Karl | Llp Member | 2013-10-21 | 2016-08-02 |
| BRAITHWAITE, Sophie | Llp Member | 2014-04-28 | 2016-08-02 |
| BROWN, Nicholas Julian | Llp Member | 2013-10-21 | 2016-08-02 |
| BROWN, Richard Edward Bancroft | Llp Member | 2016-01-21 | 2016-08-02 |
| BROWN, Stephanie Jane | Llp Member | 2016-01-21 | 2016-08-02 |
| BURGER, Donovan | Llp Member | 2016-01-21 | 2016-08-02 |
| CAMERON, Fraser John | Llp Member | 2016-01-21 | 2016-08-02 |
| CARSON, Rachel | Llp Member | 2016-01-21 | 2016-08-02 |
| CARTWRIGHT, Matthew James | Llp Member | 2013-10-21 | 2016-08-02 |
| CATHERWOOD, Joy Kristina | Llp Member | 2013-10-21 | 2016-08-02 |
| CHATER, Graeme David | Llp Member | 2016-01-21 | 2016-08-02 |
| CHAYTOR, Aaron | Llp Member | 2016-01-21 | 2016-08-02 |
| CORR, Ursula | Llp Member | 2016-01-21 | 2016-08-02 |
| CROSSAN, Brian Campbell | Llp Member | 2016-01-21 | 2016-08-02 |
| CRUSE, Kate Elizabeth | Llp Member | 2016-01-21 | 2016-08-02 |
| DAVIES, Emma Kate | Llp Member | 2016-01-21 | 2016-08-02 |
| DAVY, Sheriden | Llp Member | 2015-01-01 | 2016-08-02 |
| DORAN, Tracey | Llp Member | 2014-04-06 | 2016-08-02 |
| DUFFY, Michael Damian | Llp Member | 2016-01-21 | 2016-08-02 |
| DURRANS, Paul James | Llp Member | 2016-01-21 | 2016-08-02 |
| DUTTON, Oliver | Llp Member | 2014-10-03 | 2016-08-02 |
| EDWARDS, Michael James | Llp Member | 2013-10-21 | 2016-08-02 |
| ELLIOTT, Tracey Martine | Llp Member | 2013-10-21 | 2014-08-05 |
| ELLIS, Katie | Llp Member | 2014-05-09 | 2015-11-25 |
| ELVIN, Edward Philip | Llp Member | 2016-01-21 | 2016-08-02 |
| FAIRHOLM, Graeme | Llp Member | 2015-03-26 | 2015-08-21 |
| FINCHEN, Terry John | Llp Member | 2016-01-21 | 2016-08-02 |
| GADDI, Daryl | Llp Member | 2013-10-21 | 2016-08-02 |
| GARDENER, Christian Charles Bowes | Llp Member | 2016-01-21 | 2016-08-02 |
| GARDENER, Lindsay Jane | Llp Member | 2016-01-21 | 2016-08-02 |
| GIBSON-LEE, Nicholas Damian | Llp Member | 2013-10-21 | 2016-08-02 |
| GODWIN, Jamie Leigh | Llp Member | 2016-01-21 | 2016-08-02 |
| GOLDER, Evelyne Elizabeth | Llp Member | 2016-01-21 | 2016-08-02 |
| GRACIE, David | Llp Member | 2013-10-21 | 2016-08-02 |
| GRAHAM, Christopher John | Llp Member | 2013-10-21 | 2016-08-02 |
| GROVES, Stephen Alexander | Llp Member | 2016-01-21 | 2016-08-02 |
| HALL, Jenny | Llp Member | 2016-01-21 | 2016-08-02 |
| HEALE, Liam | Llp Member | 2016-01-21 | 2016-08-02 |
| HEATON, Jamie Thomas | Llp Member | 2013-10-21 | 2016-08-02 |
| HENDERSON, Daniel | Llp Member | 2016-01-21 | 2016-08-02 |
| HOPPER, Samuel Edward | Llp Member | 2016-01-21 | 2016-08-02 |
| HOULSBY, Joseph Reece | Llp Member | 2016-01-21 | 2016-08-02 |
| HOWIESON, Russell | Llp Member | 2013-10-21 | 2016-08-02 |
| JOHANSON, Lauren Jane | Llp Member | 2016-01-21 | 2016-08-02 |
| JOHNSTON, David | Llp Member | 2013-10-21 | 2016-08-02 |
| JOHNSTON, Glyn | Llp Member | 2013-10-21 | 2015-07-29 |
| JONES, Christopher John Paul | Llp Member | 2013-10-21 | 2014-10-03 |
| KAHLON, Samanpreet | Llp Member | 2016-01-21 | 2016-08-02 |
| KENNEDY, Stephen | Llp Member | 2016-01-21 | 2016-08-02 |
| KHAN, Fahmeeda Ahmed | Llp Member | 2016-01-21 | 2016-08-02 |
| KIDD, Jonathan David | Llp Member | 2016-01-21 | 2016-08-02 |
| LAMOND, Glen Stewart | Llp Member | 2016-01-21 | 2016-08-02 |
| LANG, Gregg | Llp Member | 2014-05-09 | 2016-08-02 |
| LAW, Neil Christopher | Llp Member | 2016-01-21 | 2016-08-02 |
| LEE, Stephen John | Llp Member | 2013-10-21 | 2014-11-28 |
| LEIGH, Tim | Llp Member | 2014-04-28 | 2016-08-02 |
| LEISHMAN, Carl | Llp Member | 2014-04-28 | 2016-08-02 |
| LEYLAND, Chris | Llp Member | 2016-01-21 | 2016-08-02 |
| LITTLEFAIR, Andrew | Llp Member | 2016-01-21 | 2016-08-02 |
| MABIN, Russell John | Llp Member | 2016-01-21 | 2016-01-21 |
| MABIN, Russell John | Llp Member | 2013-10-21 | 2016-01-21 |
| MADDEN, Nicola | Llp Member | 2016-01-21 | 2016-08-02 |
| MAHMOOD, Malik Hamid | Llp Member | 2016-01-21 | 2016-08-02 |
| MARTIN, Christopher George | Llp Member | 2016-01-21 | 2016-08-02 |
| MASON, Dalton George | Llp Member | 2016-01-21 | 2016-08-02 |
| MATHIESON, Robert David | Llp Member | 2015-01-01 | 2016-08-02 |
| MATTHEWS, Sean Roy | Llp Member | 2013-10-21 | 2016-08-02 |
| MCAUSLAND, Esther Christine | Llp Member | 2014-04-28 | 2016-08-02 |
| MCCAFFERTY, Angela | Llp Member | 2014-04-06 | 2016-08-02 |
| MCDONALD, Keith William | Llp Member | 2013-10-21 | 2016-08-02 |
| MCELDERRY, Tracey | Llp Member | 2014-05-09 | 2016-08-02 |
| MCELWEE, Lorraine | Llp Member | 2016-01-21 | 2016-08-02 |
| MCGRATH, Luke | Llp Member | 2016-01-21 | 2016-08-02 |
| MCLEOD, William Fraser | Llp Member | 2013-10-21 | 2014-03-17 |
| MCMILLAN, Jolene Margaret Christina | Llp Member | 2014-04-28 | 2016-08-02 |
| MCSPARRON, Melanie | Llp Member | 2016-01-21 | 2016-08-02 |
| MILROY, Stephen | Llp Member | 2016-01-21 | 2016-08-02 |
| MONTGOMERY, Sean Michael | Llp Member | 2014-04-28 | 2016-08-02 |
| MORTIMER, Paul Richard | Llp Member | 2013-10-21 | 2016-08-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| True Potential Group Limited | Corporate entity | voting-rights-75-to-100-percent-limited-liability-partnership, right-to-share-surplus-assets-75-to-100-percent-limited-liability-partnership, right-to-appoint-and-remove-members-limited-liability-partnership | 2016-08-02 | Active |
Filing timeline
Last 20 of 349 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-05 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2024-12-09 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-23 | AA | accounts | Accounts with accounts type full | |
| 2023-12-13 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-22 | AA | accounts | Accounts with accounts type full | |
| 2022-12-06 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-16 | AA | accounts | Accounts with accounts type group | |
| 2022-01-27 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2022-01-27 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2021-12-01 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-16 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2021-03-26 | AA | accounts | Accounts with accounts type group | |
| 2020-12-07 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-07 | AA | accounts | Accounts with accounts type group | |
| 2019-12-19 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-07 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2019-11-07 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2019-10-15 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership | |
| 2019-04-09 | LLMR01 | mortgage | Mortgage create with deed with charge number charge creation date limited liability partnership |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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 2023-12-31
-
Turnover
+62%
£163,610,000 £265,100,000
-
Cash
+1,427.8%
£1,331,000 £20,335,000
-
Net assets
+195.7%
£270,415,000 £799,718,000
-
Employees
+12.6%
135 152
-
Operating profit
-112.3%
£135,955,000 -£16,696,000
-
Profit before tax
-111.9%
£135,907,000 -£16,199,000
-
Wages
-14.8%
£14,220,000 £12,116,000
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