# TRUE RICHES LTD (SC690031)

> TRUE RICHES LTD is an active private limited company (company number SC690031) incorporated on 23 February 2021, registered in Glasgow. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 28 February 2025, showing net assets of £724 and cash of £3,651, with 1 employee on average. Net assets rose 21% on the prior period (£598).

- Status: Active
- Incorporated: 2021-02-23
- Registered office: Glasgow, G33 3RS
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 2,840 comparable companies in Glasgow (median £1, upper quartile £6,823).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £724 | £3,651 | — | £15k | — | — | 1 |
| 2024-02-28 | £598 | £5,376 | — | £4,779 | — | — | 1 |

current ratio 0.25; size band micro.

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

- Net assets above zero: Net assets £724 at 28 February 2025
- Net assets up 10% or more on the prior period: +21.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.25
- Incorporated five or more years ago: Incorporated 23 February 2021

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

## Persons with significant control

- Mrs Oluremi Abimbola Shodunke — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-02-23

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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/SC690031
HTML: https://firmoscan.com/company/SC690031-true-riches-ltd