TRUE COMPASS LIMITED
Company number SC710995 · Active · Thurso KW14 8YD
TRUE COMPASS LIMITED is an active private limited company (company number SC710995) incorporated on 1 October 2021, registered in Thurso. Its registered activity is construction of domestic buildings (SIC 41202). Latest small accounts cover the period ending 31 August 2025, showing net assets of £78k and cash of £4,522, with 1 employee on average. Net assets fell 46% on the prior period (£145k).
By net assets it sits in the top quarter of 7,988 comparable companies in Other (median £4,728, upper quartile £62k).
Key dates
- Incorporated
- 1 October 2021
- Next accounts due
- 31 May 2027 — in 225 days
- Confirmation statement due
- 15 October 2027 — in 362 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 41202
- Construction of domestic buildings
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 August 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | £78k | £4,522 | £23k | £328k | — | — | 1 |
| 31 August 2024 | £145k | £31k | £48k | £222k | — | — | 1 |
- Current ratio
- 0.99 — current liabilities exceed current assets
- Cash per employee
- £4,522
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 52/100 (grade C)
- +10 Positive net assets — Net assets £78,278 at 2025-08-31
- -8 Net assets falling — -45.9% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.99
- +8 Established — Incorporated 2021-10-01 (5 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Robin Peter Cochrane — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 1 October 2021
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in the UK
Same activity (construction of domestic buildings), closest in incorporation date.
- T J C BUILDING & GROUNDWORKS LTD — Shaftesbury, inc. Oct 2021
- CGW GROUNDWORKS & DRAINAGE LTD — Newton Abbot, inc. Sept 2021
- CHIPPENHAM PAVING AND GROUNDWORK’S LTD — Chippenham, inc. Sept 2021
- PHOENIX BUILDING SERVICES (SOUTH WEST) LIMITED — Stroud, inc. Sept 2021
- CEEN SPACES LIMITED — Tarporley, Cheshire, inc. Sept 2021
- CARTER PROPERTY DEVELOPMENTS (CORNWALL) LIMITED — St Austell, inc. Sept 2021
Reminders for TRUE COMPASS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.