Frank Truman Limited
Registered name: FRANK TRUMAN LIMITED
Frank Truman Limited made £13.8m revenue and a £174k loss in the year to 31 Dec 2025.
Frank Truman Limited’s revenue fell 1% to £13.8m in the year to 31 Dec 2025, with a loss of £174k and 4 employees. The company is classified under “other credit granting” and is based in Harrow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Harrow, London
- Age
- 56 yrs · since 1970
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.2m | £11.4m | £14m | £13.8m |
| Cost of sales | £3.3m | £3.3m | £3.7m | £4.5m |
| Gross profit | £6.9m | £8.1m | £10.3m | £9.3m |
| Operating profit | £521k | £152k | £2.2m | £2.9m |
| Profit before tax | −£170k | −£768k | £1.1m | −£1.2m |
| Profit after tax | £1.1m | £980k | £1.8m | −£174k |
| Profit (best available) | £1.1m | £980k | £1.8m | −£174k |
| Staff costs | £203k | £113k | £181k | £167k |
| Employees (average) | 0 | 2 | 4 | 4 |
| Ratios | ||||
| Profit margin | 11.3% | 8.6% | 12.8% | −1.3% |
| Gross margin | 68% | 70.8% | 73.6% | 67.1% |
| Revenue per employee | — | £5.7m | £3.5m | £3.5m |
| Profit per employee | — | £490k | £450k | −£43.4k |
| Cash conversion | −3044% | 8493% | −53.7% | −131.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲12.2% | ▲22.8% | ▼1.3% |
| Profit growth | — | ▼14.5% | ▲83.7% | ▼109.6% |
| Headcount growth | — | — | ▲100% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.4m | £108k | £59.4k | £6.6k |
| Net assets | £5.6m | £6.6m | £8.4m | £8.2m |
| Fixed assets | £777k | £717k | £544k | £362k |
| Current assets | £19.7m | £35.7m | £30.7m | £17.8m |
| Debtors | −£15k | £6.3k | £64.3k | £32.1k |
| Deferred income | £18.3k | £85k | £10k | £293k |
| Cash from operations | −£15.9m | £12.9m | −£1.2m | −£3.8m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −1.3%
- Profit ÷ revenue.
- Gross margin
- 67.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.5m
- Revenue ÷ average employees.
- Profit per employee
- −£43.4k
- Profit ÷ average employees.
- Cash conversion
- −131.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼2%
- Now £8.2m
- Cash at bank
- ▼89%
- Now £6.6k
- Headcount
- 0%
- Now 4
- Deferred income
- ▲2826%
- Now £293k
- Fixed assets
- ▼33%
- Now £362k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Frank Truman (Scotland) LimitedFigures not disclosed
- Leena Homes LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£174k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.