trust solutions limited
trust solutions limited Company Information
Company Number
04035411
Next Accounts
48 days late
Shareholders
mogers drewett llp
Group Structure
View All
Industry
Dormant Company
Registered Address
staverton court, staverton, cheltenham, GL51 0UX
Website
lovelacetrustsolutions.co.uktrust solutions limited Estimated Valuation
Pomanda estimates the enterprise value of TRUST SOLUTIONS LIMITED at £0 based on a Turnover of £473k and 0x industry multiple (adjusted for size and gross margin).
trust solutions limited Estimated Valuation
Pomanda estimates the enterprise value of TRUST SOLUTIONS LIMITED at £0 based on an EBITDA of £-68.2k and a 1.43x industry multiple (adjusted for size and gross margin).
trust solutions limited Estimated Valuation
Pomanda estimates the enterprise value of TRUST SOLUTIONS LIMITED at £50.7k based on Net Assets of £93.9k and 0.54x industry multiple (adjusted for liquidity).
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Trust Solutions Limited Overview
Trust Solutions Limited is a live company located in cheltenham, GL51 0UX with a Companies House number of 04035411. It operates in the dormant company sector, SIC Code 99999. Founded in July 2000, it's largest shareholder is mogers drewett llp with a 100% stake. Trust Solutions Limited is a mature, micro sized company, Pomanda has estimated its turnover at £473k with healthy growth in recent years.
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Trust Solutions Limited Health Check
Pomanda's financial health check has awarded Trust Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £473k, make it smaller than the average company (£7.2m)
- Trust Solutions Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.6%)
- Trust Solutions Limited
4.6% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (32.7%)
- Trust Solutions Limited
32.7% - Industry AVG
Profitability
an operating margin of -14.4% make it less profitable than the average company (4.1%)
- Trust Solutions Limited
4.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (57)
3 - Trust Solutions Limited
57 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- Trust Solutions Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £157.7k, this is equally as efficient (£168.6k)
- Trust Solutions Limited
£168.6k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is later than average (36 days)
- Trust Solutions Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is close to average (41 days)
- Trust Solutions Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trust Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Trust Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.6%, this is a lower level of debt than the average (71.2%)
34.6% - Trust Solutions Limited
71.2% - Industry AVG
TRUST SOLUTIONS LIMITED financials
Trust Solutions Limited's latest turnover from May 2023 is estimated at £473 thousand and the company has net assets of £93.9 thousand. According to their latest financial statements, Trust Solutions Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 62,511 | 118,249 | 174,083 | 226,547 | 280,332 | 332,397 | 8,631 | 9,280 | 8,012 | ||||||
| Intangible Assets | 378,000 | 432,000 | 486,000 | ||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 62,511 | 118,249 | 174,083 | 226,547 | 280,332 | 332,397 | 386,631 | 441,280 | 494,012 | ||||||
| Stock & work in progress | 4,350 | 4,350 | 4,350 | ||||||||||||
| Trade Debtors | 143,587 | 143,614 | 160,053 | 122,889 | 69,051 | 78,686 | 56,780 | 30,713 | 41,577 | ||||||
| Group Debtors | 37,105 | ||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 48,286 | 34,908 | 39,888 | ||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 143,587 | 143,614 | 160,053 | 122,889 | 69,051 | 78,686 | 56,780 | 83,349 | 80,835 | 81,343 | |||||
| total assets | 143,587 | 206,125 | 278,302 | 296,972 | 295,598 | 359,018 | 389,177 | 469,980 | 522,115 | 575,355 | |||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 43,925 | 37,200 | 50,596 | 48,797 | 51,466 | 66,621 | 134,848 | 185,211 | 338,152 | 494,182 | |||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 43,925 | 37,200 | 50,596 | 48,797 | 51,466 | 66,621 | 134,848 | 185,211 | 338,152 | 494,182 | |||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 5,800 | 6,825 | 6,825 | ||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,495 | 1,574 | 1,602 | ||||||||||||
| total long term liabilities | 5,800 | 6,825 | 6,825 | 1,495 | 1,574 | 1,602 | |||||||||
| total liabilities | 49,725 | 44,025 | 57,421 | 48,797 | 51,466 | 66,621 | 134,848 | 186,706 | 339,726 | 495,784 | |||||
| net assets | 93,862 | 162,100 | 220,881 | 248,175 | 244,132 | 292,397 | 254,329 | 283,274 | 182,389 | 79,571 | |||||
| total shareholders funds | 93,862 | 162,100 | 220,881 | 248,175 | 244,132 | 292,397 | 254,329 | 283,274 | 182,389 | 79,571 |
| May 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 2,494 | 2,328 | 2,130 | ||||||||||||
| Amortisation | 54,000 | 54,000 | 54,000 | ||||||||||||
| Tax | |||||||||||||||
| Stock | -4,350 | 4,350 | |||||||||||||
| Debtors | -27 | -16,439 | 37,164 | 53,838 | -9,635 | 21,906 | 26,067 | -10,864 | 4,472 | 37,105 | |||||
| Creditors | 6,725 | -13,396 | 1,799 | -2,669 | -15,155 | -68,227 | -50,363 | -152,941 | -156,030 | 494,182 | |||||
| Accruals and Deferred Income | -1,025 | 6,825 | |||||||||||||
| Deferred Taxes & Provisions | -1,495 | -79 | -28 | 1,602 | |||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -48,286 | 13,378 | -4,980 | 39,888 | |||||||||||
| overdraft | |||||||||||||||
| change in cash | -48,286 | 13,378 | -4,980 | 39,888 |
trust solutions limited Credit Report and Business Information
Trust Solutions Limited Competitor Analysis
Perform a competitor analysis for trust solutions limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other micro companies, companies in GL51 area or any other competitors across 12 key performance metrics.
trust solutions limited Ownership
TRUST SOLUTIONS LIMITED group structure
Trust Solutions Limited has no subsidiary companies.
trust solutions limited directors
Trust Solutions Limited currently has 3 directors. The longest serving directors include Mr Frank Collins (Mar 2023) and Mr Thomas Webb (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Frank Collins | 64 years | Mar 2023 | - | Director | |
| Mr Thomas Webb | 45 years | Mar 2023 | - | Director | |
| Mr Sean McDonough | 52 years | Mar 2023 | - | Director |
P&L
May 2023turnover
473k
+18%
operating profit
-68.2k
0%
gross margin
17.6%
-1.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
93.9k
-0.42%
total assets
143.6k
-0.3%
cash
0
0%
net assets
Total assets minus all liabilities
trust solutions limited company details
company number
04035411
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
July 2000
age
25
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
staverton court, staverton, cheltenham, GL51 0UX
Bank
-
Legal Advisor
-
trust solutions limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to trust solutions limited.
trust solutions limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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trust solutions limited Companies House Filings - See Documents
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