−£117k
−5916%vs Mar 2024Active04944518Private limited companySouth Croydon
TRUE GRIP LIMITED
Significant control: Peter Nicholls (significant control), Richard Nicholls (significant control)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does True Grip Limited sell?
Registered activity: Floor and wall covering (SIC 43330). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
TRUE GRIP LIMITED is an active private limited company (company number 04944518) incorporated on 27 October 2003, registered in South Croydon. Its registered activity is floor and wall covering (SIC 43330). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£117k and cash of £134k, with 12 employees on average. Net assets fell 5916% on the prior period (£2,009).
Peer position · net assets
By net assets it sits in the bottom quarter of 781 comparable companies in Greater London (median £6,889, upper quartile £35k).
02
Ownership and control
- Mr Peter Nicholls
- has significant influence or control
- Mr Richard Nicholls
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 27 October 200322 yrs ago
- Next accounts due
- 31 December 2026in 68 days
- Confirmation statement due
- 10 November 2026in 17 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 43330
- Floor and wall covering
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£134k
+56%vs Mar 2024Not reported
12
+9%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£117k | £134k | £66k | £324k | — | — | 12 |
| 31 March 2024 | £2,009 | £86k | £79k | £153k | — | — | 11 |
Current ratio0.62Current assets ÷ creditors within one year
Cash per employee£11kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-116,847 at 31 March 2025
- Net assets down 25% or more on the prior period-5916.2% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.62
- Cash at bank of £50,000 or moreCash £134,486
- Incorporated five or more years agoIncorporated 27 October 2003
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 68 days
- Confirmation statement duein 17 days
- Accounts period endNet liabilities £117k · small accounts
- Accounts period endNet assets £2,009 · small accounts
- Incorporated
08
Similar companies in Greater London
- CORR DRY WALL LIMITEDRomford · inc. Oct 2003
- H J FLOORING LIMITEDHornchurch · inc. Nov 2003
- S D FLOORING LIMITEDKent · inc. Nov 2003
- R.P.E. FLOORING LTDWest Wickham · inc. Nov 2003
- VITFIX LIMITEDGreenford · inc. Oct 2003
- LAMB FLOORING LIMITEDNorthwood · inc. Nov 2003
All companies incorporated on 27 October 2003 · in Oct 2003.
09
Reminders for TRUE GRIP LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.