TRUENORTH IT LIMITED Financials
- Company number
- 08894667CopyCopy
- Registered office
- First Floor South Marshalls Court, Marshall Street, Leeds LS11 9YP
- Incorporated
- 14/02/2014
Company snapshot
- Status
- Active
- Employees
- 15 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-6.95%vs 20242024: £346.71K
Total Assets
-5.66%vs 20242024: £514.62K
Cash in Bank
13.92%vs 20242024: £291.80K
Total Liabilities
-4.07%vs 20242024: £160.66K
Employees
+7vs 20242024: 8
In 2025, TRUENORTH IT LIMITED reported net assets of £322.60K. The same filing shows total assets of £485.47K, cash in bank of £332.41K and total liabilities of £154.12K. Reported headcount was 15 in 2025. Cash in Bank rose from £291.80K in 2024 to £332.41K in 2025 (13.92%). Okredo holds filed figures for 2021–2025; 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
-6.95%from £346.71K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures TRUENORTH IT LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+0.3%vs 2023+0.1% a year compound (CAGR)
Cash in Bank
+45.6%vs 2023+20.6% a year compound (CAGR)
Total Assets
+5.2%vs 2023+2.6% a year compound (CAGR)
Total Liabilities
+11%vs 2023+5.4% a year compound (CAGR)
Employees
+87.5%vs 2023+7Biggest increase
Employees+87.5%
8 in 2023 to 15 in 2025
Every indicator Okredo holds for TRUENORTH IT LIMITED rose between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRUENORTH IT LIMITED'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
- 66.45%2025
- 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
- 31.75%2025
- 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
- 215.68%2025
- 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
- 68.47%2025
- 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 TRUENORTH IT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 239.71K | 173.93K | 321.69K | 346.71K | 322.60K |
| Total Assets£ | 445.47K | 320.04K | 461.47K | 514.62K | 485.47K |
| Cash in Bank£ | 250.02K | 246.07K | 228.37K | 291.80K | 332.41K |
| Total Liabilities£ | 203.97K | 144.82K | 138.85K | 160.66K | 154.12K |
| Employees | 6 | 8 | 8 | 8 | 15 |
TRUENORTH IT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRUENORTH IT LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
TRUENORTH IT LIMITED reported net assets of £322.60K for 2025. That compares with £346.71K in 2024, a change of -6.95%.
TRUENORTH IT LIMITED reported total assets of £485.47K for 2025. That compares with £514.62K in 2024, a change of -5.66%.
TRUENORTH IT LIMITED reported cash in bank of £332.41K for 2025. That compares with £291.80K in 2024, a change of 13.92%.
TRUENORTH IT LIMITED reported 15 employees in 2025, compared with 8 in 2024.
Between 2023 and 2025, TRUENORTH IT LIMITED's net assets rose by 0.3%, cash in bank rose by 45.6%, total assets rose by 5.2% and total liabilities rose by 11%. Net assets compounded at 0.1% a year across the two years to 2025, from £321.69K to £322.60K. Reported headcount went from 8 in 2023 to 15 in 2025 (+7).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.