trustworth group limited
trustworth group limited Company Information
Company Number
04733956
Website
www.trustworth.co.ukRegistered Address
140 high street, iver, buckinghamshire, SL0 9QA
Industry
Activities of head offices
Telephone
01753790839
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
mrs m. gamiet 50%
mr m.a. gamiet 30%
View Alltrustworth group limited Estimated Valuation
Pomanda estimates the enterprise value of TRUSTWORTH GROUP LIMITED at £4.9m based on a Turnover of £1.7m and 2.88x industry multiple (adjusted for size and gross margin).
trustworth group limited Estimated Valuation
Pomanda estimates the enterprise value of TRUSTWORTH GROUP LIMITED at £0 based on an EBITDA of £-164.1k and a 4.93x industry multiple (adjusted for size and gross margin).
trustworth group limited Estimated Valuation
Pomanda estimates the enterprise value of TRUSTWORTH GROUP LIMITED at £3m based on Net Assets of £751.3k and 3.95x industry multiple (adjusted for liquidity).
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Trustworth Group Limited Overview
Trustworth Group Limited is a live company located in buckinghamshire, SL0 9QA with a Companies House number of 04733956. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 2003, it's largest shareholder is mrs m. gamiet with a 50% stake. Trustworth Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with low growth in recent years.
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Trustworth Group Limited Health Check
Pomanda's financial health check has awarded Trustworth Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£21.1m)
- Trustworth Group Limited
£21.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.8%)
- Trustworth Group Limited
4.8% - Industry AVG
Production
with a gross margin of 33.1%, this company has a comparable cost of product (33.1%)
- Trustworth Group Limited
33.1% - Industry AVG
Profitability
an operating margin of -9.7% make it less profitable than the average company (5.8%)
- Trustworth Group Limited
5.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (122)
9 - Trustworth Group Limited
122 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- Trustworth Group Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £189.2k, this is equally as efficient (£189.2k)
- Trustworth Group Limited
£189.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Trustworth Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Trustworth Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trustworth Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (16 weeks)
19 weeks - Trustworth Group Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.6%, this is a higher level of debt than the average (56.6%)
75.6% - Trustworth Group Limited
56.6% - Industry AVG
trustworth group limited Credit Report and Business Information
Trustworth Group Limited Competitor Analysis
Perform a competitor analysis for trustworth group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
trustworth group limited Ownership
TRUSTWORTH GROUP LIMITED group structure
Trustworth Group Limited has 2 subsidiary companies.
Ultimate parent company
TRUSTWORTH GROUP LIMITED
04733956
2 subsidiaries
trustworth group limited directors
Trustworth Group Limited currently has 4 directors. The longest serving directors include Mr Muhammad Gamiet (Apr 2003) and Mr Muhammad Gamiet (Apr 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammad Gamiet | 77 years | Apr 2003 | - | Director | |
| Mr Muhammad Gamiet | 50 years | Apr 2003 | - | Director | |
| Mr Abdul Gamiet | 49 years | Apr 2003 | - | Director | |
| Ms Mariam Gamiet | 79 years | Apr 2003 | - | Director |
TRUSTWORTH GROUP LIMITED financials
Trustworth Group Limited's latest turnover from May 2023 is estimated at £1.7 million and the company has net assets of £751.3 thousand. According to their latest financial statements, Trustworth Group Limited has 9 employees and maintains cash reserves of £890.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,035,761 | |||||||||||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 909,112 | |||||||||||||
| Gross Profit | 1,126,649 | |||||||||||||
| Admin Expenses | 564,327 | |||||||||||||
| Operating Profit | 562,322 | |||||||||||||
| Interest Payable | 28,056 | |||||||||||||
| Interest Receivable | 4,201 | |||||||||||||
| Pre-Tax Profit | 442,536 | |||||||||||||
| Tax | -154,684 | |||||||||||||
| Profit After Tax | 287,852 | |||||||||||||
| Dividends Paid | 163,861 | |||||||||||||
| Retained Profit | 123,991 | |||||||||||||
| Employee Costs | 944,779 | |||||||||||||
| Number Of Employees | 9 | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 71 | |||||
| EBITDA* | 684,016 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,867 | 7,334 | 9,168 | 11,460 | 14,325 | 17,909 | 23,285 | 32,739 | 43,703 | 34,183 | 28,852 | 38,253 | 4,066 | 1,820,906 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,869 | 7,336 | 9,170 | 11,462 | 14,327 | 17,909 | 23,287 | 32,741 | 43,705 | 34,185 | 28,854 | 38,255 | 4,068 | 1,820,906 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 1,890,119 | 3,016 | 0 | 1,458,266 | 1,443,670 | 396,745 | 571,233 | 952,203 | 165,455 |
| Group Debtors | 952,393 | 1,405,834 | 1,016,638 | 1,299,849 | 1,214,466 | 0 | 1,455,626 | 1,456,946 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,232,045 | 909,665 | 832,012 | 721,695 | 615,407 | 0 | 707,217 | 223,188 | 3,260 | 0 | 0 | 0 | 0 | 347,513 |
| Cash | 890,528 | 750,519 | 491,415 | 369,289 | 382,176 | 0 | 491,493 | 491,394 | 614,267 | 451,419 | 239,652 | 166,922 | 73,132 | 1,140,902 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 231,901 |
| total current assets | 3,074,966 | 3,066,018 | 2,340,065 | 2,390,833 | 2,212,049 | 1,890,119 | 2,657,352 | 2,171,528 | 2,075,793 | 1,895,089 | 636,397 | 738,155 | 1,025,335 | 1,885,771 |
| total assets | 3,080,835 | 3,073,354 | 2,349,235 | 2,402,295 | 2,226,376 | 1,908,028 | 2,680,639 | 2,204,269 | 2,119,498 | 1,929,274 | 665,251 | 776,410 | 1,029,403 | 3,706,677 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 87,533 |
| Trade Creditors | 0 | 0 | 0 | 0 | 3,260 | 150,674 | 2,331 | 3,082 | 0 | 1,479,647 | 31,088 | 37,239 | 30,419 | 32,605 |
| Group/Directors Accounts | 2,310,949 | 2,166,091 | 1,237,762 | 1,192,793 | 783,293 | 0 | 2,830,026 | 2,273,791 | 1,870,698 | 0 | 0 | 0 | 0 | 9,129 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,688 |
| other current liabilities | 18,537 | 27,255 | 26,882 | 14,703 | 10,934 | 0 | 79,186 | 15,737 | 8,734 | 0 | 0 | 0 | 0 | 170,247 |
| total current liabilities | 2,329,486 | 2,193,346 | 1,264,644 | 1,207,496 | 797,487 | 150,674 | 2,911,543 | 2,292,610 | 1,879,432 | 1,479,647 | 31,088 | 37,239 | 30,419 | 312,202 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,305,234 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 2,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 773 | 0 | 408 | 1,450 | 813 | 58,128 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 2,750 | 0 | 0 | 773 | 0 | 408 | 1,450 | 813 | 1,363,362 |
| total liabilities | 2,329,486 | 2,193,346 | 1,264,644 | 1,207,496 | 797,487 | 153,424 | 2,911,543 | 2,292,610 | 1,880,205 | 1,479,647 | 31,496 | 38,689 | 31,232 | 1,675,564 |
| net assets | 751,349 | 880,008 | 1,084,591 | 1,194,799 | 1,428,889 | 1,754,604 | -230,904 | -88,341 | 239,293 | 449,627 | 633,755 | 737,721 | 998,171 | 2,031,113 |
| total shareholders funds | 751,349 | 880,008 | 1,084,591 | 1,194,799 | 1,428,889 | 1,754,604 | -230,904 | -88,341 | 239,293 | 449,627 | 633,755 | 737,721 | 998,171 | 2,031,113 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 562,322 | |||||||||||||
| Depreciation | 1,467 | 1,834 | 2,292 | 2,865 | 0 | 9,643 | 10,964 | 12,663 | 9,240 | 9,401 | 5,813 | 1,017 | 121,694 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -154,684 | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -131,061 | 466,849 | -172,894 | 191,671 | -60,246 | -275,740 | 485,725 | 218,608 | 17,856 | 1,046,925 | -174,488 | -380,970 | 439,235 | 512,968 |
| Creditors | 0 | 0 | 0 | -3,260 | -147,414 | 148,343 | -751 | 3,082 | -1,479,647 | 1,448,559 | -6,151 | 6,820 | -2,186 | 32,605 |
| Accruals and Deferred Income | -8,718 | 373 | 12,179 | 3,769 | 8,184 | -76,436 | 63,449 | 7,003 | 8,734 | 0 | 0 | 0 | -170,247 | 170,247 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -773 | 773 | -408 | -1,042 | 637 | -57,315 | 58,128 |
| Cash flow from operations | 277,344 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -4,745 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 2 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
| cash flow from investments | -4,745 | |||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -87,533 | 87,533 |
| Group/Directors Accounts | 144,858 | 928,329 | 44,969 | 409,500 | 783,293 | -2,830,026 | 556,235 | 403,093 | 1,870,698 | 0 | 0 | 0 | -9,129 | 9,129 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,305,234 | 1,305,234 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,688 | 12,688 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -23,855 | |||||||||||||
| cash flow from financing | 3,297,851 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 140,009 | 259,104 | 122,126 | -12,887 | 382,176 | -491,493 | 99 | -122,873 | 162,848 | 211,767 | 72,730 | 93,790 | -1,067,770 | 1,140,902 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 140,009 | 259,104 | 122,126 | -12,887 | 382,176 | -491,493 | 99 | -122,873 | 162,848 | 211,767 | 72,730 | 93,790 | -1,067,770 | 1,140,902 |
P&L
May 2023turnover
1.7m
-8%
operating profit
-165.6k
0%
gross margin
33.1%
+1.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
751.3k
-0.15%
total assets
3.1m
0%
cash
890.5k
+0.19%
net assets
Total assets minus all liabilities
trustworth group limited company details
company number
04733956
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
April 2003
age
21
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
140 high street, iver, buckinghamshire, SL0 9QA
last accounts submitted
May 2023
trustworth group 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 found 1 charges/mortgages relating to trustworth group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
trustworth group limited Companies House Filings - See Documents
| date | description | view/download |
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