# TRUE GRIP LIMITED (04944518)

> 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).

- Status: Active
- Incorporated: 2003-10-27
- Registered office: South Croydon, CR2 0BS
- SIC 43330: Floor and wall covering
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-11-10
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 781 comparable companies in Greater London (median £6,889, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£117k | £134k | £66k | £324k | — | — | 12 |
| 2024-03-31 | £2,009 | £86k | £79k | £153k | — | — | 11 |

current ratio 0.62; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net 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 year: Current ratio 0.62
- Cash at bank of £50,000 or more: Cash £134,486
- Incorporated five or more years ago: Incorporated 27 October 2003

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Peter Nicholls — has significant influence or control, since 2016-04-06
- Mr Richard Nicholls — has significant influence or control, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04944518
HTML: https://firmoscan.com/company/04944518-true-grip-limited