How much does Truesdale Assets Limited make?

Truesdale Assets Limited reported revenue of £35k and £16k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Truesdale Assets Limited have?

Truesdale Assets Limited reported an average of 3 employees in the year to 31 Mar 2026.

Is Truesdale Assets Limited profitable?

Yes — Truesdale Assets Limited reported a profit of £16k in the year to 31 Mar 2026.

Company No. 10497491 · Incorporated 25 Nov 2016

Truesdale Assets Limited

Registered name: TRUESDALE ASSETS LIMITED

Truesdale Assets Limited made £35k revenue and £16k profit in the year to 31 Mar 2026.

Truesdale Assets Limited’s revenue fell 8% to £35k in the year to 31 Mar 2026, with £16k profit and 3 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Lincoln; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Lincoln, East Midlands
Age: 9 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Mar 2026

Key figures

IndependentSmall team

Revenue

£35k

Growth ▼7.9%

Profit

£16k

Growth ▼64%

Profit margin

45.6%

Gross 100%

Employees

Change 0%

Profit / employee

£5.3k

Revenue/employee £11.7k

Profitable streak

2yrs

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 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£38k	£35k
Cost of sales	—	—	−£26.7k	£0
Gross profit	—	—	£64.7k	£35k
Profit before tax	—	—	£54.8k	£19.7k
Profit after tax	—	—	£44.4k	£16k
Profit (best available)	—	—	£44.4k	£16k
Employees (average)	3	3	3	3
Ratios
Profit margin	—	—	116.9%	45.6%
Gross margin	—	—	170.3%	100%
Revenue per employee	—	—	£12.7k	£11.7k
Profit per employee	—	—	£14.8k	£5.3k
Growth (year on year)
Revenue growth	—	—	—	▼7.9%
Profit growth	—	—	—	▼64%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£15.5k	£23.7k	£15.5k	£39k
Net assets	£15.1k	£22.2k	£66.6k	£82.6k
Fixed assets	£325k	£327k	£225k	£217k
Current assets	£16.4k	£23.7k	£15.5k	£39k
Debtors	£700	£0	—	—
Deferred income	£275	£300	£325	£350
Source	FilletedAccounts · bulk data Sep 2024	FilletedAccounts · bulk data Sep 2024	FilletedAccounts · bulk data Aug 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 45.6%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £11.7k; Revenue ÷ average employees.
Profit per employee: £5.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 620.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1%; 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: ▲24%; Now £82.6k
Cash at bank: ▲152%; Now £39k
Headcount: 0%; Now 3
Deferred income: ▲8%; Now £350
Fixed assets: ▼3%; Now £217k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £16k), from the Companies House accounts bulk data published Jun 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.