# TRUESPEED COMMUNICATIONS LTD (09187893)

> TRUESPEED COMMUNICATIONS LTD is an active private limited company (company number 09187893) incorporated on 28 August 2014, registered in Bath. Its registered activity is other telecommunications activities (SIC 61900). Latest full accounts cover the period ending 31 December 2025, showing net assets of −£135.82m and cash of £1.06m, with 130 employees on average. Net assets fell 24% on the prior period (−£109.94m).

- Status: Active
- Incorporated: 2014-08-28
- Registered office: Bath, BA2 3DP
- SIC 61900: Other telecommunications activities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-09-11
- Accounts type: FULL

By net assets it sits in the bottom quarter of 109 comparable companies in Bristol (median £2,808, upper quartile £58k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£135.82m | £1.06m | £2.03m | £6.11m | — | −£27.56m | 130 |
| 2024-12-31 | −£109.94m | £2.12m | £1.56m | £29.92m | — | −£25.04m | 132 |
| 2023-12-31 | — | — | — | — | — | — | — |

current ratio 0.84; size band micro.

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

- Net assets below zero: Net assets £-135,824,403 at 31 December 2025
- Current assets below creditors within one year: Current ratio 0.84
- Cash at bank of £50,000 or more: Cash £1,056,694
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 28 August 2014

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

## Persons with significant control

- Freedom Holdco 2 Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2026-04-30

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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/09187893
HTML: https://firmoscan.com/company/09187893-truespeed-communications-ltd