How much does True Grit Training Limited make?

True Grit Training Limited reported revenue of £196k and a loss of £4.4k in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does True Grit Training Limited have?

True Grit Training Limited reported an average of 8 employees in the year to 30 Sep 2024.

Is True Grit Training Limited profitable?

No — True Grit Training Limited reported a loss of £4.4k in the year to 30 Sep 2024.

Company No. 09802520 · Incorporated 30 Sep 2015

True Grit Training Limited

Registered name: TRUE GRIT TRAINING LIMITED

True Grit Training Limited made £196k revenue and a £4.4k loss in the year to 30 Sep 2024.

True Grit Training Limited’s revenue fell 9% to £196k in the year to 30 Sep 2024, with a loss of £4.4k and 8 employees. The company is classified under “fitness facilities” and is based in Stoke-on-Trent; we hold 3 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93130Fitness facilities

Status: Active - Proposal to Strike off
Location: Stoke-on-Trent, West Midlands
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 30 Sep 2024

Key figures

IndependentSmall team

Revenue

£196k

Growth ▼8.6%

Profit

−£4.4k

Growth —

Profit margin

−2.2%

Employees

Change ▲60%

Profit / employee

−£551

Revenue/employee £24.6k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£215k	£196k
Profit after tax	—	−£508	−£4.4k
Profit (best available)	—	−£508	−£4.4k
Staff costs	—	£69.5k	£64.6k
Employees (average)	5	5	8
Ratios
Profit margin	—	−0.2%	−2.2%
Revenue per employee	—	£43k	£24.6k
Profit per employee	—	−£102	−£551
Growth (year on year)
Revenue growth	—	—	▼8.6%
Headcount growth	—	0%	▲60%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.3k	£7.7k	—
Net assets	£420	−£88	−£4.5k
Fixed assets	£95.8k	£88.4k	£81.3k
Current assets	£17.3k	£45.2k	£21.3k
Debtors	£7.8k	£35.1k	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: −2.2%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £24.6k; Revenue ÷ average employees.
Profit per employee: −£551; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 41.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now −£4.5k
Cash at bank: —; Now —
Headcount: ▲60%; Now 8
Deferred income: —; Now —
Fixed assets: ▼8%; Now £81.3k

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 30 Sep 2024 (profit −£4.4k), from the Companies House accounts bulk data published Jun 2025. 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.