TOTAL TRUTH LIMITED

💤Zombieactive
09801570 · ltd · incorporated 2015-09-30
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
£253.5k
book net assets
Opportunity
65/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 02400
Sector: Agriculture, forestry & fishing
Investor take
Special-situation opportunity
Distressed agriculture with salvageable qualities — special-situations priority.

Opportunity 65/100 (strong), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 8.6y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £253,537
Net assets shrinking
Down £91,497 YoY
Cash draining
Cash down 82% YoY
Cash YoY
-82%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£8k
↓ 82% YoY
Net Worth
£254k
↓ 27% YoY
Current Assets
£1.5m
↓ 21% YoY
Current Liabilities
£0£368k£735k£1.1m£1.5m£1.8mMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-312023-03-28
Total assets£299.6k£402.6k
Current assets£1.45M£1.84M
Cash£8.0k£45.7k
Debtors£911.8k£1.29M
Net assets£253.5k£345.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-06-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-06-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-03-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-03-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-03-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2023-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2022-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-03-30
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  11. 2022-01-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-01-19
    LYLE, Samuel Joseph resigned
    director
  13. 2021-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2021-12-21
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  15. 2021-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-07-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2020-07-24
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  18. 2020-05-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2020-05-07
    🔓
    Charge satisfied #1
  20. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-06-05
    LYLE, Joshua James appointed
    director
  22. 2019-06-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2019-04-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2017-09-19
    🔒
    Charge registered #1
    Lender: Joanna Human
  25. 2015-09-30
    🏢
    Company incorporated
    As TOTAL TRUTH LIMITED
  26. 2015-09-30
    LYLE, Samuel Joseph appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-28

Group structure

J & S Lyle Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
J & S Lyle Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
TOTAL TRUTH LIMITED
This company · 09801570

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
J & S Lyle Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Mr Samuel Joseph Lyleceased 01/04/2019· 75-100% shares · 75-100% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Agriculture · HA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ACTUAL PEST CONTROL LIMITED
05819733 · est 2006 · no financials extracted
19y
ADVANCED TREE SURGEONS LIMITED
13424119 · est 2021 · no financials extracted
4y
AGS SEAFOOD LIMITED
15588225 · est 2024 · no financials extracted
2y
AKINS AYINLA AGRICBUSINESS LIMITED
16553739 · est 2025 · no financials extracted
ALFARIS LTD
12649256 · est 2020 · no financials extracted
5y
ALGAPELAGO MARINE LIMITED
10199421 · est 2016 · no financials extracted
9y
BLACKSMITHS PALACE LTD
12727575 · est 2020 · no financials extracted
5y
CAMBRIDGE DRONE SERVICES LTD
16917933 · est 2025 · no financials extracted
CANCUN BLOODSTOCK LTD
16145288 · est 2024 · no financials extracted
1y
CASTLETON FOR AGRICULTURAL TECHNOLOGY & DEVELOPMENT LTD
12636798 · est 2020 · no financials extracted
5y
CB INTERNATIONAL SPORTHORSES LIMITED
10028734 · est 2016 · no financials extracted
10y
CHILTON TREE CARE LIMITED
16578580 · est 2025 · no financials extracted
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2015-09-30
Jurisdictionengland-wales
Primary SIC02400 — SIC 02400

Registered office

C/O Parker Cavendish, Suite 301, Stanmore Business And Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW
England

Filing status

Accounts
Next due: 2026-03-28OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29

Officers (1 active · 1 resigned)

LYLE, Joshua James
director · ~47y · appointed 2019-06-05
View their other companies + combined net worth →
Active
LYLE, Samuel Joseph
director · ~45y · appointed 2015-09-30 · resigned 2022-01-19
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property21/12/2021
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge24/07/2020
satisfied
Joanna Human / Kelty Caston
A registered charge1 property19/09/201707/05/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (35 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-29
change-person-director-company-with-change-date
officers · CH01
2025-06-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-22
change-account-reference-date-company-current-shortened
accounts · AA01
2022-03-30
termination-director-company-with-name-termination-date
officers · TM01
2022-01-24