How much does Truestart Limited make?

Truestart Limited reported revenue of £2.4m and £115k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Truestart Limited have?

Truestart Limited reported an average of 4 employees in the year to 31 Mar 2025.

Is Truestart Limited profitable?

Yes — Truestart Limited reported a profit of £115k in the year to 31 Mar 2025.

Company No. 08610030 · Incorporated 15 Jul 2013

Truestart Limited

Registered name: TRUESTART LIMITED

Part of True Capital Ltd group

Truestart Limited made £2.4m revenue and £115k profit in the year to 31 Mar 2025.

Truestart Limited’s revenue grew 9% to £2.4m in the year to 31 Mar 2025, with £115k profit and 4 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management

Status: Active
Location: London, London
Age: 13 yrs · since 2013
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “True Capital Ltd”

Latest accounts · year to 31 Mar 2025

Key figures

Small team

Revenue

£2.4m

Growth ▲8.5%

Profit

£115k

Growth ▼14.9%

Profit margin

4.9%

Gross 100%

Employees

Change 0%

Profit / employee

£28.8k

Revenue/employee £592k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.5m	£2.8m	£2.2m	£2.4m
Gross profit	£2.5m	£2.8m	£2.2m	£2.4m
Operating profit	£104k	£280k	£210k	£192k
Profit before tax	£104k	£280k	£210k	£193k
Profit after tax	£59.5k	£192k	£136k	£115k
Profit (best available)	£59.5k	£192k	£136k	£115k
Employees (average)	4	4	4	4
Ratios
Profit margin	2.4%	6.8%	6.2%	4.9%
Gross margin	100%	100%	100%	100%
Revenue per employee	£621k	£700k	£545k	£592k
Profit per employee	£14.9k	£47.9k	£33.9k	£28.8k
Growth (year on year)
Revenue growth	—	▲12.8%	▼22.2%	▲8.5%
Profit growth	—	▲222%	▼29.3%	▼14.9%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£153k	£680k	£107k	£68.3k
Net assets	£2.2k	£3.9k	£4.4k	£4.7k
Fixed assets	£2m	£1.7m	£1.4m	£1.1m
Current assets	£1.8m	£2.2m	£2.7m	£2.1m
Debtors	£975k	£438k	£566k	£439k
Deferred income	£1.8m	£3.5m	£3.3m	£2.5m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 4.9%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £592k; Revenue ÷ average employees.
Profit per employee: £28.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 47.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 104.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲7%; Now £4.7k
Cash at bank: ▼36%; Now £68.3k
Headcount: 0%; Now 4
Deferred income: ▼25%; Now £2.5m
Fixed assets: ▼22%; Now £1.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

True Capital Ltdultimate parent75–100%
Truestart Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £115k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.