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TRUETIDE PLC

Active Glasgow

Activities of venture and development capital companies

5 employees Website
Financial services Activities of venture and development capital companies
T

TRUETIDE PLC

Activities of venture and development capital companies

Founded 7 Apr 2003 Active Glasgow, Scotland 5 employees braveheartgroup.co.uk
Financial services Activities of venture and development capital companies
Accounts Submitted 13 Aug 2025
Confirmation Statement Submitted 8 Apr 2025
Net assets £2.33M £1.07M 2024 year on year
Total assets £2.39M £1.11M 2024 year on year
Total Liabilities £58.00K £46.00K 2024 year on year
Charges 1
1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

1 George Square Glasgow G2 1AL Scotland

Office ()

Dodworth, Barnsley, United Kingdom, Europe

Office (Dodworth, Barnsley)

1 Capitol Court, Capitol Business Park, S75 3TZ

Telephone

0(0)1738587555

Credit Report

Discover TRUETIDE PLC's Credit Score, limit, and payment likelihood.

Mutual Companies

See All 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 (2013–2024)

Cash in Bank

£64.00k

Decreased by £1.68M (-96%)

Net Assets

£2.33M

Decreased by £1.07M (-31%)

Total Liabilities

£58.00k

Decreased by £46.00k (-44%)

Turnover

£21.00k

Decreased by £40.00k (-66%)

Employees

5

Debt Ratio

2%

Decreased by 1 (-33%)
See 10 Year Full Financials

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

21 Allotments 31,970,107 Shares £2.93m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
27 May 20258,000,000£160k£0.02
23 May 20256,750,000£135k£0.02
26 Sept 20227,317,073£750k£0.103
11 Apr 20221,434,091£215k£0.15
28 May 202110,000£2k£0.17

Officers

Officers

5 active 22 resigned
Status
Gbac LimitedCorporate-secretaryUnited KingdomUnknown—1 Feb 2018Active
Qu LiDirectorBritishUnited Kingdom6216 Jun 2021Active
Susan Anne HaganDirectorBritishEngland5618 May 2021Active
Trevor Edward BrownDirectorBritishSwitzerland791 Apr 2014Active
Vivian David HallamDirectorBritishEngland677 Jun 2017Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Trevor Edward Brown

British

Active
Notified 29 Nov 2024
Residence Switzerland
DOB June 1946
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Trevor Edward Brown

Ceased 30 Jun 2020

Ceased
See All Controllers

Group Structure

Group Structure

TRUETIDE PLC Current Company
BRAVEHEART ACADEMIC SEED FUNDING GP LIMITED united kingdom shares 75 to 100 percent
BRAVEHEART INVESTMENT GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BRAVEHEART NOMINEES LIMITED united kingdom shares 75 to 100 percent
CALEDONIA LP LIMITED united kingdom shares 75 to 100 percent
CALEDONIA SPECIALIST FINANCE LIMITED united kingdom shares 75 to 100 percent
COMBROOK HOLDINGS LIMITED united kingdom shares 50 to 75 percent, voting rights 50 to 75 percent, appoint/remove directors
KDS ARCHITECTURE LTD united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
KIRKSTALL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PARAYTEC LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
RIDINGS HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SENTINEL MEDICAL LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
STRATHCLYDE INNOVATION FUND GP LIMITED united kingdom shares 75 to 100 percent
STRATHTAY VENTURES LIMITED united kingdom shares 75 to 100 percent

Charges

Charges

1 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
9 Oct 2025ResolutionResolutionsView(1 page)
9 Oct 2025Change Of NameCertificate Change Of Name CompanyView(3 pages)
13 Aug 2025AccountsAnnual accounts made up to 2025-03-31View(81 pages)
6 Aug 2025CapitalAllotment of shares (GBP 1,409,469.78) on 2025-05-23View(3 pages)
6 Aug 2025CapitalAllotment of shares (GBP 1,569,469.78) on 2025-05-27View(3 pages)
9 Oct 2025 Resolution

Resolutions

View Document(1 page)
9 Oct 2025 Change Of Name

Certificate Change Of Name Company

View Document(3 pages)
13 Aug 2025 Accounts

Annual accounts made up to 2025-03-31

View Document(81 pages)
6 Aug 2025 Capital

Allotment of shares (GBP 1,409,469.78) on 2025-05-23

View Document(3 pages)
6 Aug 2025 Capital

Allotment of shares (GBP 1,569,469.78) on 2025-05-27

View Document(3 pages)

Recent Activity

Latest Activity

Resolutions

4 months ago on 9 Oct 2025

Certificate Change Of Name Company

4 months ago on 9 Oct 2025

Annual accounts made up to 2025-03-31

6 months ago on 13 Aug 2025

Allotment of shares (GBP 1,409,469.78) on 2025-05-23

6 months ago on 6 Aug 2025

Allotment of shares (GBP 1,569,469.78) on 2025-05-27

6 months ago on 6 Aug 2025