Truespeed Communications Ltd BATH


Founded in 2014, Truespeed Communications, classified under reg no. 09187893 is an active company. Currently registered at Pinesgate West BA2 3DP, Bath the company has been in the business for 10 years. Its financial year was closed on 31st December and its latest financial statement was filed on Saturday 31st December 2022. Since Tuesday 13th January 2015 Truespeed Communications Ltd is no longer carrying the name Wansdyke Networking.

Currently there are 8 directors in the the company, namely Margarida T., Lisa H. and James L. and others. In addition one secretary - Patrick M. - is with the firm. As of 29 March 2024, there were 8 ex directors - Ian B., Sean M. and others listed below. There were no ex secretaries.

Truespeed Communications Ltd Address / Contact

Office Address Pinesgate West
Office Address2 Lower Bristol Road
Town Bath
Post code BA2 3DP
Country of origin United Kingdom

Company Information / Profile

Registration Number 09187893
Date of Incorporation Thu, 28th Aug 2014
Industry Other telecommunications activities
End of financial Year 31st December
Company age 10 years old
Account next due date Mon, 30th Sep 2024 (185 days left)
Account last made up date Sat, 31st Dec 2022
Next confirmation statement due date Wed, 11th Sep 2024 (2024-09-11)
Last confirmation statement dated Mon, 28th Aug 2023

Company staff

Margarida T.

Position: Director

Appointed: 28 February 2023

Lisa H.

Position: Director

Appointed: 01 September 2022

James L.

Position: Director

Appointed: 25 May 2022

Paul B.

Position: Director

Appointed: 07 September 2020

Ian S.

Position: Director

Appointed: 25 March 2019

Edmund B.

Position: Director

Appointed: 05 July 2017

Patrick M.

Position: Secretary

Appointed: 25 April 2016

Andrew J.

Position: Director

Appointed: 29 May 2015

Clarke O.

Position: Director

Appointed: 04 December 2014

Ian B.

Position: Director

Appointed: 05 July 2017

Resigned: 22 November 2019

Sean M.

Position: Director

Appointed: 05 July 2017

Resigned: 28 February 2023

Patrick M.

Position: Director

Appointed: 25 April 2016

Resigned: 30 March 2022

Francis H.

Position: Director

Appointed: 13 January 2016

Resigned: 30 March 2022

James P.

Position: Director

Appointed: 29 May 2015

Resigned: 30 April 2017

Matthew M.

Position: Director

Appointed: 19 November 2014

Resigned: 29 May 2015

Evan W.

Position: Director

Appointed: 19 November 2014

Resigned: 05 December 2021

Josef K.

Position: Director

Appointed: 28 August 2014

Resigned: 30 March 2022

People with significant control

The list of PSCs that own or control the company is made up of 1 name. As we discovered, there is Francis H. The abovementioned PSC and has 25-50% shares.

Francis H.

Notified on 6 April 2016
Ceased on 5 July 2017
Nature of control: 25-50% shares

Company previous names

Wansdyke Networking January 13, 2015

Annual reports financial information

Profit & Loss
Accounts Information Date 2016-08-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-31
Balance Sheet
Cash Bank On Hand737 245374 2041 617 7911 349 196271 8211 671 7822 474 235
Current Assets876 524500 1262 093 8351 792 283800 0752 191 2663 481 083
Debtors122 414125 922476 044443 087528 254519 4841 006 848
Net Assets Liabilities-460 604-3 541 917-9 153 336-16 746 175-28 639 316-41 587 397-59 157 020
Other Debtors122 353125 922392 625309 543125 22932 348125 679
Property Plant Equipment1 026 0482 746 20110 281 30721 451 61032 729 63340 852 42059 098 066
Total Inventories16 865      
Other
Audit Fees Expenses  10 32116 17818 46524 47817 600
Accrued Liabilities Deferred Income  978 3091 717 7502 731 0865 721 8702 239 048
Accumulated Amortisation Impairment Intangible Assets27 26154 522136 307136 3074 05425 070179 777
Accumulated Depreciation Impairment Property Plant Equipment12 59472 437233 172570 0201 329 5572 723 8174 832 980
Additions Other Than Through Business Combinations Intangible Assets    71 064128 451474 674
Additions Other Than Through Business Combinations Property Plant Equipment 1 779 996 11 507 15112 052 7109 541 82820 361 047
Administrative Expenses  4 286 2585 504 0218 154 9319 818 93213 133 048
Amortisation Expense Intangible Assets    4 05424 712 
Amortisation Impairment Expense Intangible Assets  81 785 4 05424 712154 707
Amounts Owed To Group Undertakings20 041      
Average Number Employees During Period  7090123138176
Bank Borrowings Overdrafts1 510 0009 68074 369    
Banking Arrangements Classified As Cash Cash Equivalents  -74 369    
Bank Overdrafts  74 369    
Cash Cash Equivalents Cash Flow Value 364 5241 543 4221 349 196271 8211 671 7822 474 235
Comprehensive Income Expense  -5 612 511-7 609 669-11 894 788-12 948 081-17 626 373
Cost Sales  705 9951 078 4112 583 1421 833 7651 850 280
Creditors233 6003 462 85917 237 45535 126 87155 994 50474 690 782114 876 750
Depreciation Expense Property Plant Equipment  161 945336 848759 5371 406 046 
Depreciation Impairment Expense Property Plant Equipment  161 945336 848759 5371 406 0462 109 289
Equity Settled Share-based Payments Increase Decrease In Equity    1 647  
Fixed Assets   21 451 61032 796 64340 996 95260 371 580
Further Item Tax Increase Decrease Component Adjusting Items    25 898  
Future Minimum Lease Payments Under Non-cancellable Operating Leases  152 332246 660900 8721 406 1991 844 251
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss  -5 763-13 307-10 740-2 072-6 076
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables  -819 164-646 543-1 378 333-3 843 3031 951 900
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables  350 122-32 95785 167-8 770487 364
Gain Loss On Disposals Property Plant Equipment  -1 034 2 6783 025 
Government Grant Income    2 3482 326 
Gross Profit Loss  -30 192790 9121 079 7443 589 867 
Impairment Loss Intangible Assets  81 785    
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation  -1 178 898194 2261 077 375-1 399 961-802 453
Increase From Amortisation Charge For Year Intangible Assets 27 261  4 05424 712154 707
Increase From Depreciation Charge For Year Property Plant Equipment 59 843 336 848759 5371 406 0462 109 289
Intangible Assets109 04681 785  67 010144 5321 273 514
Intangible Assets Gross Cost136 307 136 307136 30771 064169 6021 453 291
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings  949 4322 479 8294 366 1496 200 717 
Interest Income On Bank Deposits  4933 266439327644
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss  4933 266439327644
Interest Payable Similar Charges Finance Costs  1 296 5542 899 8264 822 3886 721 6698 704 075
Interest Received Classified As Investing Activities  -493-3 266-439-327-2 039
Issue Equity Instruments  1 09216 830  56 750
Net Cash Flows From Used In Financing Activities  -13 775 688-17 906 246-20 867 633-18 696 278-40 242 718
Net Cash Flows From Used In Investing Activities  7 697 59211 503 88512 105 5079 627 71521 642 697
Net Cash Flows From Used In Operating Activities  4 899 1986 596 5879 839 5017 668 60217 797 568
Net Cash Generated From Operations  3 602 6443 696 7615 017 113946 933 
Net Current Assets Liabilities-1 362 098-2 907 044-2 197 188-3 070 914-5 441 455-7 893 567-4 651 850
Net Finance Income Costs  4933 2664393272 039
Net Interest Paid Received Classified As Operating Activities  -1 296 554-2 899 826-4 822 388-6 721 669-8 704 075
Number Equity Instruments Exercisable Share-based Payment Arrangement  7 383 9285 700 9282 080 9301 941 4301 514 475
Number Equity Instruments Exercised Share-based Payment Arrangement  109 1671 683 000  -113 500
Number Equity Instruments Expired Share-based Payment Arrangement    4 434 000-669 500-439 453
Number Equity Instruments Forfeited Share-based Payment Arrangement  405 000    
Number Equity Instruments Granted Share-based Payment Arrangement    1 930 000  
Number Equity Instruments Outstanding Share-based Payment Arrangement 9 136 1958 622 0286 939 0284 435 0283 765 5303 212 577
Number Shares Issued Fully Paid 15 100100100100
Operating Profit Loss  -4 316 450-4 713 109-7 072 839-6 226 739 
Other Creditors566 5763 000 3622 001 0022 008 0702 302 6622 291 8712 167 187
Other Disposals Decrease In Amortisation Impairment Intangible Assets    136 3073 696 
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment     11 786126
Other Disposals Intangible Assets    136 30729 913 
Other Disposals Property Plant Equipment    15 15024 7816 238
Other Interest Expense  347 122419 997456 239520 952547 391
Other Interest Income      1 395
Other Interest Receivable Similar Income Finance Income  4933 2664393272 039
Other Operating Income Format1    2 3482 326 
Other Remaining Borrowings233 6003 462 85917 237 45535 126 87155 994 50474 690 782114 876 750
Other Taxation Social Security Payable25 69496 92978 694118 644159 294480 730448 378
Par Value Share 1 1111
Pension Other Post-employment Benefit Costs Other Pension Costs  72 119122 652181 628280 435305 641
Prepayments Accrued Income  81 979125 864362 619457 863818 180
Proceeds From Issuing Shares  -1 092-16 830  -56 750
Proceeds From Sales Intangible Assets     -26 217 
Proceeds From Sales Property Plant Equipment  -1 608 -17 828-16 020 
Profit Loss  -5 612 511-7 609 669-11 894 788-12 948 081-17 626 373
Profit Loss On Ordinary Activities Before Tax  -5 612 511-7 609 669-11 894 788-12 948 081-17 626 373
Property Plant Equipment Gross Cost1 038 6422 818 63810 514 47922 021 63034 059 19043 576 23763 931 046
Purchase Intangible Assets    -71 064-128 451-1 283 689
Purchase Property Plant Equipment  -7 699 693-11 507 151-12 052 710-9 541 828-20 361 047
Repayments Borrowings Classified As Financing Activities  13 774 59617 889 41620 867 63318 696 27840 185 968
Research Development Expense Recognised In Profit Or Loss    62 23015 300 
Share-based Payment Expense Cash Settled    1 647  
Social Security Costs  250 588314 197501 565654 091 
Staff Costs Employee Benefits Expense  2 766 6993 864 3035 477 8574 987 7056 250 986
Tax Decrease Increase From Effect Revenue Exempt From Taxation  94621509  
Tax Expense Credit Applicable Tax Rate  -1 066 377-1 445 837-2 260 010-2 460 135-3 349 011
Tax Increase Decrease From Effect Capital Allowances Depreciation  -111 639-190 121-514 077  
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss  47 703100 3378 050  
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward  1 130 4071 536 2422 740 6482 460 1353 349 011
Total Assets Less Current Liabilities-227 004-79 0588 084 11918 380 69627 355 18833 103 38555 719 730
Total Borrowings  17 311 82435 126 87155 994 50474 690 782114 876 750
Total Operating Lease Payments  92 12592 286262 804293 685 
Trade Creditors Trade Payables116 311300 1991 158 6491 018 7331 048 4881 590 3623 278 320
Trade Debtors Trade Receivables61 1 4407 68040 40629 27362 989
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment    -11 632 129-14 729 242-3 892 240
Turnover Revenue  675 8031 869 3233 662 8865 423 632 
Wages Salaries  2 443 9923 073 3784 794 6644 053 1795 022 442
Weighted Average Exercise Price Equity Instruments Exercisable Share-based Payment Arrangement  00111
Weighted Average Exercise Price Equity Instruments Exercised Share-based Payment Arrangement  00  1
Weighted Average Exercise Price Equity Instruments Expired Share-based Payment Arrangement    111
Weighted Average Exercise Price Equity Instruments Forfeited Share-based Payment Arrangement  0    
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement    1  
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement 000111
Company Contributions To Defined Benefit Plans Directors  29 36042 31749 69453 62731 441
Director Remuneration   508 250557 485605 213550 908
Director Remuneration Benefits Including Payments To Third Parties  501 594550 567607 179903 340582 349
Further Item Director Remuneration Benefits Component Total Director Remuneration Benefits Excluding Payments To Third Parties     244 500 

Company filings

Filing category
Accounts Address Annual return Capital Change of name Confirmation statement Incorporation Mortgage Officers Persons with significant control Resolution
156307.97 GBP is the capital in company's statement on Friday 15th December 2023
filed on: 31st, December 2023
Free Download (4 pages)

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