TRUE ALTITUDE LTD Financials
- Company number
- 11214968CopyCopy
- Registered office
- Floor 2 10 Wellington Place, Leeds LS1 4AP
- Incorporated
- 20/02/2018
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £4.31M
Total Assets
2023: £5.10M
Cash in Bank
2022: £71.62K
Total Liabilities
2023: £782.01K
Employees
2023: 8
In 2024, TRUE ALTITUDE LTD reported net assets of £4.30M. The same filing shows total assets of £5.09M, cash in bank of £27.00 and total liabilities of £784.09K. Reported headcount was 5 in 2024. Cash in Bank fell from £71.62K in 2022 to £27.00 in 2024. Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures TRUE ALTITUDE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+958% a year compound (CAGR)
Cash in Bank
-98.1% a year compound (CAGR)
Filed for 2022 and 2024 only
Total Assets
+272% a year compound (CAGR)
Total Liabilities
+55.9% a year compound (CAGR)
Employees
Biggest increase
Net Assets+11103%
£38.42K in 2022 to £4.30M in 2024
Biggest decrease
Cash in Bank-100%
£71.62K in 2022 to £27.00 in 2024
TRUE ALTITUDE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRUE ALTITUDE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 84.50%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 15.39%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TRUE ALTITUDE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 100.00 | 38.42K | 4.31M | 4.30M |
| Total Assets£ | 120.37K | 367.48K | 5.10M | 5.09M |
| Cash in Bank£ | 45.63K | 71.62K | – | 27.00 |
| Total Liabilities£ | 120.27K | 322.51K | 782.01K | 784.09K |
| Employees | 6 | 7 | 8 | 5 |
TRUE ALTITUDE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRUE ALTITUDE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TRUE ALTITUDE LTD reported net assets of £4.30M for 2024. That compares with £4.31M in 2023, a change of -0.14%.
TRUE ALTITUDE LTD reported total assets of £5.09M for 2024. That compares with £5.10M in 2023, a change of -0.11%.
TRUE ALTITUDE LTD reported cash in bank of £27.00 for 2024. That compares with £71.62K in 2022.
TRUE ALTITUDE LTD reported 5 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, TRUE ALTITUDE LTD's net assets rose by 11103%, cash in bank fell by 100%, total assets rose by 1286% and total liabilities rose by 143%. Net assets compounded at 958% a year across the two years to 2024, from £38.42K to £4.30M. Reported headcount went from 7 in 2022 to 5 in 2024 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.