true sub holding limited Company Information
Company Number
13564274
Next Accounts
Sep 2025
Shareholders
ccp 5 true scsp
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
8th floor, berkeley square house, berkeley square, london, W1J 6DB
Website
-true sub holding limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE SUB HOLDING LIMITED at £5.8m based on a Turnover of £4.7m and 1.24x industry multiple (adjusted for size and gross margin).
true sub holding limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE SUB HOLDING LIMITED at £10.6m based on an EBITDA of £2.1m and a 5.16x industry multiple (adjusted for size and gross margin).
true sub holding limited Estimated Valuation
Pomanda estimates the enterprise value of TRUE SUB HOLDING LIMITED at £0 based on Net Assets of £-6.1m and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
True Sub Holding Limited Overview
True Sub Holding Limited is a live company located in london, W1J 6DB with a Companies House number of 13564274. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2021, it's largest shareholder is ccp 5 true scsp with a 100% stake. True Sub Holding Limited is a startup, small sized company, Pomanda has estimated its turnover at £4.7m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
True Sub Holding Limited Health Check
Pomanda's financial health check has awarded True Sub Holding Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs


2 Strong

4 Regular

4 Weak

Size
annual sales of £4.7m, make it smaller than the average company (£18.9m)
£4.7m - True Sub Holding Limited
£18.9m - Industry AVG

Growth
There is insufficient data available for this Key Performance Indicator!
- True Sub Holding Limited
- - Industry AVG

Production
with a gross margin of 36.4%, this company has a comparable cost of product (36.4%)
36.4% - True Sub Holding Limited
36.4% - Industry AVG

Profitability
an operating margin of 44.1% make it more profitable than the average company (4.5%)
44.1% - True Sub Holding Limited
4.5% - Industry AVG

Employees
with 25 employees, this is below the industry average (104)
- True Sub Holding Limited
104 - Industry AVG

Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- True Sub Holding Limited
£44.7k - Industry AVG

Efficiency
resulting in sales per employee of £186.1k, this is equally as efficient (£191.4k)
- True Sub Holding Limited
£191.4k - Industry AVG

Debtor Days
it gets paid by customers after 2 days, this is earlier than average (45 days)
2 days - True Sub Holding Limited
45 days - Industry AVG

Creditor Days
its suppliers are paid after 47 days, this is close to average (44 days)
47 days - True Sub Holding Limited
44 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- - True Sub Holding Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (14 weeks)
9 weeks - True Sub Holding Limited
14 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 108.9%, this is a higher level of debt than the average (69.6%)
108.9% - True Sub Holding Limited
69.6% - Industry AVG
TRUE SUB HOLDING LIMITED financials

True Sub Holding Limited's latest turnover from December 2023 is £4.7 million and the company has net assets of -£6.1 million. According to their latest financial statements, we estimate that True Sub Holding Limited has 25 employees and maintains cash reserves of £6.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | |
---|---|---|
Turnover | 4,651,383 | 4,383,190 |
Other Income Or Grants | ||
Cost Of Sales | ||
Gross Profit | ||
Admin Expenses | ||
Operating Profit | 2,050,997 | 1,927,701 |
Interest Payable | 2,731,956 | 2,656,584 |
Interest Receivable | 130,229 | 4,236 |
Pre-Tax Profit | 186,144 | 2,596,899 |
Tax | -725,481 | -1,232,410 |
Profit After Tax | -539,337 | 1,364,489 |
Dividends Paid | 0 | 0 |
Retained Profit | -539,337 | 1,364,489 |
Employee Costs | ||
Number Of Employees | 8 | |
EBITDA* | 2,050,997 | 1,927,701 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | |
---|---|---|
Tangible Assets | 22,467 | 174,843 |
Intangible Assets | 0 | 0 |
Investments & Other | 61,300,000 | 59,800,000 |
Debtors (Due After 1 year) | 527,997 | 1,615,123 |
Total Fixed Assets | 61,850,464 | 61,589,966 |
Stock & work in progress | 0 | 0 |
Trade Debtors | 26,161 | 2,041 |
Group Debtors | 798,375 | 488,827 |
Misc Debtors | 411,074 | 506,190 |
Cash | 6,352,435 | 6,909,575 |
misc current assets | 0 | 0 |
total current assets | 7,588,045 | 7,906,633 |
total assets | 69,438,509 | 69,496,599 |
Bank overdraft | 0 | 0 |
Bank loan | 0 | 0 |
Trade Creditors | 388,394 | 335,726 |
Group/Directors Accounts | 30,124,222 | 30,636,255 |
other short term finances | 464,045 | 306,796 |
hp & lease commitments | 0 | 0 |
other current liabilities | 3,804,340 | 4,358,599 |
total current liabilities | 34,781,001 | 35,637,376 |
loans | 34,909,994 | 34,028,372 |
hp & lease commitments | 0 | 0 |
Accruals and Deferred Income | 0 | 0 |
other liabilities | 0 | 0 |
provisions | 5,897,481 | 5,441,481 |
total long term liabilities | 40,807,475 | 39,469,853 |
total liabilities | 75,588,476 | 75,107,229 |
net assets | -6,149,967 | -5,610,630 |
total shareholders funds | -6,149,967 | -5,610,630 |
Dec 2023 | Dec 2022 | |
---|---|---|
Operating Activities | ||
Operating Profit | 2,050,997 | 1,927,701 |
Depreciation | 0 | 0 |
Amortisation | 0 | 0 |
Tax | -725,481 | -1,232,410 |
Stock | 0 | 0 |
Debtors | -848,574 | 2,612,181 |
Creditors | 52,668 | 335,726 |
Accruals and Deferred Income | -554,259 | 4,358,599 |
Deferred Taxes & Provisions | 456,000 | 5,441,481 |
Cash flow from operations | 2,128,499 | 8,218,916 |
Investing Activities | ||
capital expenditure | ||
Change in Investments | 1,500,000 | 59,800,000 |
cash flow from investments | ||
Financing Activities | ||
Bank loans | 0 | 0 |
Group/Directors Accounts | -512,033 | 30,636,255 |
Other Short Term Loans | 157,249 | 306,796 |
Long term loans | 881,622 | 34,028,372 |
Hire Purchase and Lease Commitments | 0 | 0 |
other long term liabilities | 0 | 0 |
share issue | ||
interest | -2,601,727 | -2,652,348 |
cash flow from financing | -2,074,889 | 55,343,956 |
cash and cash equivalents | ||
cash | -557,140 | 6,909,575 |
overdraft | 0 | 0 |
change in cash | -557,140 | 6,909,575 |
true sub holding limited Credit Report and Business Information
True Sub Holding Limited Competitor Analysis

Perform a competitor analysis for true sub holding limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in W1J area or any other competitors across 12 key performance metrics.
true sub holding limited Ownership
TRUE SUB HOLDING LIMITED group structure
True Sub Holding Limited has 1 subsidiary company.
Ultimate parent company
CCP 5 TRUE SCSP
#0142485
1 parent
TRUE SUB HOLDING LIMITED
13564274
1 subsidiary
true sub holding limited directors
True Sub Holding Limited currently has 3 directors. The longest serving directors include Mr Jean-Philipe Blangy (Aug 2021) and Mr Jean-Philippe Blangy (Aug 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jean-Philipe Blangy | England | 49 years | Aug 2021 | - | Director |
Mr Jean-Philippe Blangy | United Kingdom | 49 years | Aug 2021 | - | Director |
Mr James Brodie | United Kingdom | 47 years | Aug 2021 | - | Director |
P&L
December 2023turnover
4.7m
+6%
operating profit
2.1m
+6%
gross margin
36.4%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-6.1m
+0.1%
total assets
69.4m
0%
cash
6.4m
-0.08%
net assets
Total assets minus all liabilities
Similar Companies
true sub holding limited company details
company number
13564274
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
August 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
HAYSMACINTYRE LLP
address
8th floor, berkeley square house, berkeley square, london, W1J 6DB
Bank
-
Legal Advisor
-
true sub holding limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to true sub holding limited. Currently there are 4 open charges and 0 have been satisfied in the past.
true sub holding limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for TRUE SUB HOLDING LIMITED. This can take several minutes, an email will notify you when this has completed.
true sub holding limited Companies House Filings - See Documents
date | description | view/download |
---|