TRUTH LOUNGE LIMITED

Company number 11994513 · Active (Active - Proposal to Strike off)

TRUTH LOUNGE LIMITED is a private limited company registered in PRESTON, United Kingdom, incorporated on 14 May 2019. Its registered activity is licensed restaurants. Its latest published accounts for the period ending 31 May 2020 show equity of £599, total assets of £1,401. It has filed 1 set of accounts, 1 of them after the deadline. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 89 % of active companies in the United Kingdom. 0.2× the average annual insolvency rate (0.12 %).

Raises the risk

Region4.9×PR · 0.57 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Current liabilities ÷ assets2.2×0.961567–2.20344 · 0.26 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
11994513 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
14 May 2019 (7 years)
Registered address
PR1 7RA PRESTON
Postcode area
Preston
Activity
56101 Licensed restaurants
Industry
Food and beverage service activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202015 Jul 2021– –£599£1,401 £2,000–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Preston

Questions about TRUTH LOUNGE LIMITED

What is the company number of TRUTH LOUNGE LIMITED?

TRUTH LOUNGE LIMITED is registered under company number 11994513 in the official register of United Kingdom. View it at the official register.

Is TRUTH LOUNGE LIMITED still active?

Yes. TRUTH LOUNGE LIMITED is registered as active (status: Active - Proposal to Strike off).

Has TRUTH LOUNGE LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for TRUTH LOUNGE LIMITED in the official data.

How likely is TRUTH LOUNGE LIMITED to become insolvent?

Our model estimates a 0.03 % probability that TRUTH LOUNGE LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.

When was TRUTH LOUNGE LIMITED founded?

TRUTH LOUNGE LIMITED was incorporated on 14 May 2019.

Where is TRUTH LOUNGE LIMITED registered?

TRUTH LOUNGE LIMITED's registered address is in PR1 7RA PRESTON (Preston), United Kingdom.

What do the latest accounts of TRUTH LOUNGE LIMITED show?

The latest published accounts (period ending 31 May 2020) show equity of £599, total assets of £1,401, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.