truva services limited

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truva services limited Company Information

Share TRUVA SERVICES LIMITED

Company Number

08614328

Shareholders

truva trust corporation plc

Group Structure

View All

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

third floor 30 bedford street, london, WC2E 9ED

truva services limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of TRUVA SERVICES LIMITED at £1.2m based on a Turnover of £970.8k and 1.25x industry multiple (adjusted for size and gross margin).

truva services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TRUVA SERVICES LIMITED at £0 based on an EBITDA of £-15k and a 4.3x industry multiple (adjusted for size and gross margin).

truva services limited Estimated Valuation

£235.3k

Pomanda estimates the enterprise value of TRUVA SERVICES LIMITED at £235.3k based on Net Assets of £180.3k and 1.31x industry multiple (adjusted for liquidity).

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Truva Services Limited Overview

Truva Services Limited is a live company located in london, WC2E 9ED with a Companies House number of 08614328. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in July 2013, it's largest shareholder is truva trust corporation plc with a 100% stake. Truva Services Limited is a established, small sized company, Pomanda has estimated its turnover at £970.8k with declining growth in recent years.

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Truva Services Limited Health Check

Pomanda's financial health check has awarded Truva Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £970.8k, make it smaller than the average company (£5.6m)

£970.8k - Truva Services Limited

£5.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (7.6%)

-15% - Truva Services Limited

7.6% - Industry AVG

production

Production

with a gross margin of 53.8%, this company has a comparable cost of product (53.8%)

53.8% - Truva Services Limited

53.8% - Industry AVG

profitability

Profitability

an operating margin of -1.8% make it less profitable than the average company (9.1%)

-1.8% - Truva Services Limited

9.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (12)

1 - Truva Services Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £81.7k, the company has an equivalent pay structure (£81.7k)

£81.7k - Truva Services Limited

£81.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £970.8k, this is more efficient (£224k)

£970.8k - Truva Services Limited

£224k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (32 days)

73 days - Truva Services Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (41 days)

12 days - Truva Services Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Truva Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (29 weeks)

7 weeks - Truva Services Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.1%, this is a lower level of debt than the average (70.3%)

14.1% - Truva Services Limited

70.3% - Industry AVG

TRUVA SERVICES LIMITED financials

EXPORTms excel logo

Truva Services Limited's latest turnover from May 2024 is estimated at £970.8 thousand and the company has net assets of £180.3 thousand. According to their latest financial statements, Truva Services Limited has 1 employee and maintains cash reserves of £2.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Turnover970,8152,058,6742,651,7571,577,9051,982,488
Other Income Or Grants
Cost Of Sales448,776892,8671,101,662648,600793,018
Gross Profit522,0401,165,8071,550,095929,3051,189,469
Admin Expenses539,7891,052,5211,420,036952,0381,161,549
Operating Profit-17,749113,286130,059-22,73327,920
Interest Payable
Interest Receivable796,9022,440207116
Pre-Tax Profit-17,670120,188132,499-22,52628,036
Tax-30,047-25,175-5,327
Profit After Tax-17,67090,141107,324-22,52622,709
Dividends Paid
Retained Profit-17,67090,141107,324-22,52622,709
Employee Costs81,665150,543222,522276,052277,878
Number Of Employees12344
EBITDA*-15,050116,303132,396-21,77927,920

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Tangible Assets6,5118,1927,1075,3022,166
Intangible Assets6,2057,2238,2409,3044,130
Investments & Other100,500
Debtors (Due After 1 year)
Total Fixed Assets12,71615,41515,347115,1066,296
Stock & work in progress
Trade Debtors194,853414,219494,274258,422330,685
Group Debtors
Misc Debtors
Cash2,370636306,132181,842231,493
misc current assets
total current assets197,223414,855800,406440,264562,178
total assets209,939430,270815,753555,370568,474
Bank overdraft
Bank loan
Trade Creditors 15,924209,028675,364514,053545,465
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities15,924209,028675,364514,053545,465
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities12,50022,50032,58240,834
provisions1,237794
total long term liabilities13,73723,29432,58240,834
total liabilities29,661232,322707,946554,887545,465
net assets180,278197,948107,80748323,009
total shareholders funds180,278197,948107,80748323,009
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Operating Activities
Operating Profit-17,749113,286130,059-22,73327,920
Depreciation1,6811,9991,273954
Amortisation1,0181,0181,064
Tax-30,047-25,175-5,327
Stock
Debtors-219,366-80,055235,852-72,263330,685
Creditors-193,104-466,336161,311-31,412545,465
Accruals and Deferred Income
Deferred Taxes & Provisions443794
Cash flow from operations11,655-299,23132,68019,072237,373
Investing Activities
capital expenditure-3,085-3,078-9,264-6,296
Change in Investments-100,500100,500
cash flow from investments-3,08597,422-109,764-6,296
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-10,000-10,082-8,25240,834
share issue300
interest796,9022,440207116
cash flow from financing-9,921-3,180-5,81241,041416
cash and cash equivalents
cash1,734-305,496124,290-49,651231,493
overdraft
change in cash1,734-305,496124,290-49,651231,493

truva services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Truva Services Limited Competitor Analysis

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Perform a competitor analysis for truva services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in WC2E area or any other competitors across 12 key performance metrics.

truva services limited Ownership

TRUVA SERVICES LIMITED group structure

Truva Services Limited has no subsidiary companies.

Ultimate parent company

2 parents

TRUVA SERVICES LIMITED

08614328

TRUVA SERVICES LIMITED Shareholders

truva trust corporation plc 100%

truva services limited directors

Truva Services Limited currently has 2 directors. The longest serving directors include Mr Alper Deniz (Jul 2013) and Mr Daniel Beach (Sep 2019).

officercountryagestartendrole
Mr Alper Deniz51 years Jul 2013- Director
Mr Daniel BeachUnited Kingdom53 years Sep 2019- Director

P&L

May 2024

turnover

970.8k

-53%

operating profit

-17.7k

0%

gross margin

53.8%

-5.04%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2024

net assets

180.3k

-0.09%

total assets

209.9k

-0.51%

cash

2.4k

+2.73%

net assets

Total assets minus all liabilities

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truva services limited company details

company number

08614328

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

July 2013

age

12

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

grm law trustees limited (October 2018)

accountant

-

auditor

-

address

third floor 30 bedford street, london, WC2E 9ED

Bank

-

Legal Advisor

-

truva services 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 truva services limited.

truva services 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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truva services limited Companies House Filings - See Documents

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