TRUE PHYSIO LTD Financials
- Company number
- 11082785CopyCopy
- Registered office
- Black Bull House 353-355 Station Road, Bamber Bridge, Preston, Lancashire PR5 6EE
- Incorporated
- 27/11/2017
Company snapshot
- Status
- Active
- Employees
- 38 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-104.27%vs 20232023: £-210.40K
Total Assets
-13.27%vs 20232023: £723.41K
Cash in Bank
150.13%vs 20232023: £2.60K
Total Liabilities
17.96%vs 20232023: £824.54K
Employees
+2vs 20232023: 36
In 2024, TRUE PHYSIO LTD reported net assets of £-429.77K. The same filing shows total assets of £627.40K, cash in bank of £6.49K and total liabilities of £972.60K. Reported headcount was 38 in 2024. Net Assets fell from £-210.40K in 2023 to £-429.77K in 2024 (-104.27%). 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
-104.27%from £-210.40K in 2023Year-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 PHYSIO LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+3.7%vs 2022+1.8% a year compound (CAGR)
Total Assets
-5.8%vs 2022-2.9% a year compound (CAGR)
Total Liabilities
+11.6%vs 2022+5.6% a year compound (CAGR)
Employees
+72.7%vs 2022+16Biggest increase
Employees+72.7%
22 in 2022 to 38 in 2024
Biggest decrease
Total Assets-5.8%
£666.00K in 2022 to £627.40K in 2024
TRUE PHYSIO LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRUE PHYSIO 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
- -68.50%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
- 155.02%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.
- Cash to liabilities
- 0.67%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.03%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TRUE PHYSIO 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£ | -241.00K | -306.17K | -210.40K | -429.77K |
| Total Assets£ | 204.19K | 666.00K | 723.41K | 627.40K |
| Cash in Bank£ | 1.27K | 6.26K | 2.60K | 6.49K |
| Total Liabilities£ | 407.20K | 871.37K | 824.54K | 972.60K |
| Employees | 16 | 22 | 36 | 38 |
TRUE PHYSIO LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRUE PHYSIO LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TRUE PHYSIO LTD reported net assets of £-429.77K for 2024. That compares with £-210.40K in 2023, a change of -104.27%.
TRUE PHYSIO LTD reported total assets of £627.40K for 2024. That compares with £723.41K in 2023, a change of -13.27%.
TRUE PHYSIO LTD reported cash in bank of £6.49K for 2024. That compares with £2.60K in 2023, a change of 150.13%.
TRUE PHYSIO LTD reported 38 employees in 2024, compared with 36 in 2023.
Between 2022 and 2024, TRUE PHYSIO LTD's cash in bank rose by 3.7%, total assets fell by 5.8%, total liabilities rose by 11.6% and employee numbers rose by 72.7%. Cash in bank compounded at 1.8% a year across the two years to 2024, from £6.26K to £6.49K. Reported headcount went from 22 in 2022 to 38 in 2024 (+16).
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.