The Firmwatch take
Altruist Brands Ltd is a 5-year-old wholesale, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show -GBP 71k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
9 April 2021
5 years on the register
Sector
Wholesale trade
SIC 46342 · matched to division
Size
Not classified
Net assets
−£71k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£71k
Bottom 10% in sector · sector median £2k · 66,765 wholesalers
Cash
Not disclosed
Working cap.
£30k
Median £10k
Current ratio
1.0×
Median 1.3×
Signals · 1
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Sector benchmark · Wholesale
How this company compares in 66,765 wholesalers
Bottom 10% in sector — Altruist Brands Ltd shows −£71k in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- GT
GILLAN, Thomas James
director · since 2021
Registered office
Address intelligence
58 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Address pattern · G41 1EJ
58 other UK companies registered at this postcode.
Active
49
Dissolved
1
Strike-off action
8
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.