True Bearing

Preston, United Kingdom Founded: 2003 • Age: 23 yrs
Financial advisory services
Annual revenue $91.6M Latest available
Total funding - 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About True Bearing

True Bearing is a company based in Preston (United Kingdom) founded in 2003. True Bearing offers products and services including Mortgages, Savings and Investments, Insurance and Protection, Pensions, and Retirement Planning. True Bearing operates in a competitive market with competitors including Quilter, 7IM, Ascot Lloyd, Manx Financial Group and Sparrows Capital, among others.

  • Headquarter Preston, United Kingdom
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Amber River Group Limited
  • Date of Incorporation 12 Apr, 2019
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → Investment Management & Advisory Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $91.6 M (USD)
    80
    as on Dec 31, 2022
  • Net Profit
    -$10.04 M (USD)
    71
    as on Dec 31, 2022
  • EBITDA
    -$9.16 M (USD)
    69
    as on Dec 31, 2022
  • Latest Funding Round
    $1 M (USD), Debt – Conventional

    Jul 15, 2020

  • Investors
    Mercia

    & 1 more

  • Employee Count
    Not available
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Products & Services of True Bearing

True Bearing offers a comprehensive portfolio of products and services, including Mortgages, Savings and Investments, Insurance and Protection, Pensions, and Retirement Planning.

Product name locked
Category locked
Primary

Advisory for mortgage options and home financing needs

Product name locked
Category locked
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Guidance on savings plans and investment strategies

Product name locked
Category locked
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Services for insurance coverage and risk protection

Product name locked
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Planning and management of retirement pension schemes

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Advice on retirement strategies and financial security

Funding Insights of True Bearing

Investors in True Bearing

True Bearing has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mercia and Lancashire County Council.

All
Institutional
Investor Description Founded Year Domain Location
Public services and economic development are administered for Lancashire residents.
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Investment management services are provided by Mercia to various clients.
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Investor details for True Bearing

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Investments & Acquisitions by True Bearing

Investments
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Investment portfolio details for True Bearing

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  • Portfolio identities
  • Transaction dates
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Financial Statements - True Bearing

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Detailed financials for True Bearing

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True Bearing Comparisons

True Bearing Primary company
Description
Financial advisory services
Location
Preston, United Kingdom
Founded Year
2003
Annual Revenue
$91.6 M (USD)
Net Profit
-$10.04 M (USD)
EBITDA
-$9.16 M (USD)
Employees
Not available
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Peer comparison for True Bearing

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of True Bearing

True Bearing operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quilter, 7IM, Ascot Lloyd, Manx Financial Group and Sparrows Capital, among others.

Company Name Domain Founded year HQ Location Description
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Quilter is engaged in providing financial advice and investment management.
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Investment management and financial planning services are provided by 7IM.
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Provider of financial advisory services
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Wealth management services are provided to clients internationally.
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Financial advisory services are provided to clients by Sparrows Capital.
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Financial planning services are provided to clients in the UK.
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Detailed competitors of True Bearing

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Latest news on True Bearing

True Bearing expands team by six
Lancashirebusinessview7 years ago
True Bearing wins Gold Employer of the Year at IiP awards
Lancashirebusinessview7 years ago
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Complete news archive for True Bearing

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Frequently Asked Questions about True Bearing

True Bearing was founded in 2003 and raised its 1st funding round 10 years after it was founded.

True Bearing is headquartered in Preston, United Kingdom. It is registered at Preston, Lancashire, United Kingdom.

Susan Peary is the current CEO of True Bearing.

Annual revenue of True Bearing is $91.6M as on Dec 31, 2022.

True Bearing was established in 2003 as a provider of financial advisory services. Operations are centered in Preston, United Kingdom, where guidance on investments and wealth management is offered to clients. The firm is led by CEO Susan Peary. Focus remains on delivering tailored financial strategies within the advisory sector, with activities conducted primarily in the UK market. No international expansions are noted.

True Bearing's top competitors include Quilter, Ascot Lloyd and Manx Financial Group.

True Bearing offers Mortgages, Savings and Investments, Insurance and Protection, Pensions, and Retirement Planning.

True Bearing has 2 investors. Key investors include Mercia, and Lancashire County Council.

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