CompanyTrack
T

TRUE BEARING LIMITED

Active Chorley

Activities auxiliary to financial intermediation n.e.c.

91 employees
Activities auxiliary to financial intermediation n.e.c.
T

TRUE BEARING LIMITED

Activities auxiliary to financial intermediation n.e.c.

Founded 20 Jun 2003 Active Chorley, England 91 employees
Activities auxiliary to financial intermediation n.e.c.
Accounts Submitted 24 Sept 2025
Confirmation Statement Submitted 22 Jun 2025
Net assets £3.12M £959.07K 2024 year on year
Total assets £4.41M £3.58M 2024 year on year
Total Liabilities £1.29M £2.62M 2024 year on year
Charges 4
4 satisfied

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Contact & Details

Registered Address

Second Floor, Assurance House Chorley Business & Technology Centre East Terrace, Euxton Lane Chorley PR7 6TE England

Credit Report

Discover TRUE BEARING LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£349.62k

Increased by £62.14k (+22%)

Net Assets

£3.12M

Decreased by £959.07k (-24%)

Total Liabilities

£1.29M

Decreased by £2.62M (-67%)

Turnover

£6.91M

Increased by £2.14M (+45%)

Employees

91

Debt Ratio

29%

Decreased by 20 (-41%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 102,175 Shares £3k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
23 Aug 20225,875£2k£0.3
9 Sept 202196,300£963£0.01

Officers

Officers

9 active 7 resigned
Status
Brian Michael WatesDirectorBritishEngland5715 May 2024Active
George Nigel CritchleyDirectorBritishEngland7020 Jun 2003Active
Helen Catherine LuptonDirectorBritishEngland5711 Jun 2013Active
Mark John O'neillDirectorBritishUnited Kingdom531 Jul 2003Active
Mary-anne Bridget McintyreDirectorBritishEngland651 Mar 2021Active
Michael ClarkeDirectorBritishEngland5820 Jun 2003Active
Simon Rogerson BruntDirectorBritishEngland651 Mar 2021Active
Susan PearyDirectorBritishUnited Kingdom6111 Jun 2013Active

Shareholders

Shareholders (10)

Socium Group Nominee Limited
99.0%
101,64426 Jun 2023
Socium Group Holdings Limited
0.8%
80026 Jun 2023
Susan Peary
0.0%
1026 Jun 2023

Persons with Significant Control

Persons with Significant Control (2)

2 Active 1 Ceased

Amber River Group Limited

United Kingdom

Active
Notified 29 Apr 2021
Nature of Control
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Socium Group Nominee Limited

United Kingdom

Active
Notified 9 Sept 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

George Nigel Critchley

Ceased 29 Apr 2021

Ceased

Group Structure

Group Structure

AMBER RIVER GROUP LIMITED united kingdom voting rights 25 to 50 percent
SOCIUM GROUP NOMINEE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PENTA CAPITAL LLP united kingdom voting rights 25 to 50 percent limited liability partnership
TOSCA PENTA HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
OLD OAK HOLDINGS LIMITED united kingdom
TRUE BEARING LIMITED Current Company
BREAD AND BUTTER ADVICE LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
TRUE BEARING (NORTH WEST) LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent as trust

Charges

Charges

4 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
24 Sept 2025AccountsAnnual accounts made up to 2024-12-31View(32 pages)
22 Jun 2025Confirmation StatementConfirmation statement made on 2025-06-20 with no updatesView(3 pages)
7 Oct 2024AccountsAnnual accounts made up to 2023-12-31View(34 pages)
2 Jul 2024OfficersTermination of Lisa Joanne Govier as director on 2024-06-30View(1 page)
21 Jun 2024Confirmation StatementConfirmation statement made on 2024-06-20 with no updatesView(3 pages)
24 Sept 2025 Accounts

Annual accounts made up to 2024-12-31

22 Jun 2025 Confirmation Statement

Confirmation statement made on 2025-06-20 with no updates

7 Oct 2024 Accounts

Annual accounts made up to 2023-12-31

2 Jul 2024 Officers

Termination of Lisa Joanne Govier as director on 2024-06-30

21 Jun 2024 Confirmation Statement

Confirmation statement made on 2024-06-20 with no updates

Recent Activity

Latest Activity

Annual accounts made up to 2024-12-31

4 months ago on 24 Sept 2025

Confirmation statement made on 2025-06-20 with no updates

7 months ago on 22 Jun 2025

Annual accounts made up to 2023-12-31

1 years ago on 7 Oct 2024

Termination of Lisa Joanne Govier as director on 2024-06-30

1 years ago on 2 Jul 2024

Confirmation statement made on 2024-06-20 with no updates

1 years ago on 21 Jun 2024