True121 Limited
Registered name: TRUE121 LIMITED
True121 Limited made £4.2k revenue and £0 profit in the year to 30 Nov 2025.
True121 Limited’s revenue fell 81% to £4.2k in the year to 30 Nov 2025, with £0 profit and 0 employees. The company is classified under “hospital activities” and is based in Birmingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 3 yrs · since 2022
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £21.8k | £4.2k |
| Profit after tax | — | £3.8k | £0 |
| Profit (best available) | — | £3.8k | £0 |
| Staff costs | — | £0 | £0 |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | 17.3% | 0% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼80.8% |
| Profit growth | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.9k | £1.1k | — |
| Net assets | £3.8k | £509 | −£4.2k |
| Fixed assets | — | £0 | £0 |
| Current assets | £1.9k | £1.1k | £3 |
| Deferred income | — | £0 | — |
| Source | FilletedAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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.
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
- ▼921%
- Now −£4.2k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £0), from the Companies House accounts bulk data published Dec 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.