trust support services ltd
trust support services ltd Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
+2Registered Address
112-116 whitechapel road, 3rd floor, london, E1 1JE
trust support services ltd Estimated Valuation
Pomanda estimates the enterprise value of TRUST SUPPORT SERVICES LTD at £82.8k based on a Turnover of £246.5k and 0.34x industry multiple (adjusted for size and gross margin).
trust support services ltd Estimated Valuation
Pomanda estimates the enterprise value of TRUST SUPPORT SERVICES LTD at £0 based on an EBITDA of £-39.4k and a 2.88x industry multiple (adjusted for size and gross margin).
trust support services ltd Estimated Valuation
Pomanda estimates the enterprise value of TRUST SUPPORT SERVICES LTD at £0 based on Net Assets of £-50.7k and 1.73x industry multiple (adjusted for liquidity).
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Trust Support Services Ltd Overview
Trust Support Services Ltd is a live company located in london, E1 1JE with a Companies House number of 10102448. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in April 2016, it's largest shareholder is bipul rahman with a 100% stake. Trust Support Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £246.5k with declining growth in recent years.
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Trust Support Services Ltd Health Check
Pomanda's financial health check has awarded Trust Support Services Ltd a 1.5 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £246.5k, make it smaller than the average company (£3.9m)
- Trust Support Services Ltd
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.3%)
- Trust Support Services Ltd
5.3% - Industry AVG
Production
with a gross margin of 16%, this company has a higher cost of product (29.5%)
- Trust Support Services Ltd
29.5% - Industry AVG
Profitability
an operating margin of -16% make it less profitable than the average company (4.9%)
- Trust Support Services Ltd
4.9% - Industry AVG
Employees
with 16 employees, this is below the industry average (38)
16 - Trust Support Services Ltd
38 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
- Trust Support Services Ltd
£37k - Industry AVG
Efficiency
resulting in sales per employee of £15.4k, this is less efficient (£102.8k)
- Trust Support Services Ltd
£102.8k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (42 days)
- Trust Support Services Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (22 days)
- Trust Support Services Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trust Support Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Trust Support Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 460.8%, this is a higher level of debt than the average (62.4%)
460.8% - Trust Support Services Ltd
62.4% - Industry AVG
TRUST SUPPORT SERVICES LTD financials
Trust Support Services Ltd's latest turnover from April 2023 is estimated at £246.5 thousand and the company has net assets of -£50.7 thousand. According to their latest financial statements, Trust Support Services Ltd has 16 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 16 | 16 | 11 | 11 | 10 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 66 | 205 | 1,556 | 2,677 | 3,513 | 2,000 | 2,666 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 66 | 205 | 1,556 | 2,677 | 3,513 | 2,000 | 2,666 |
| Stock & work in progress | |||||||
| Trade Debtors | 13,976 | 19,589 | 48,263 | 40,165 | 63,915 | 46,731 | 13,912 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | 7,223 | 6,913 | |||||
| misc current assets | |||||||
| total current assets | 13,976 | 19,589 | 48,263 | 40,165 | 63,915 | 53,954 | 20,825 |
| total assets | 14,042 | 19,794 | 49,819 | 42,842 | 67,428 | 55,954 | 23,491 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 46,982 | 8,436 | 18,309 | 41,769 | 61,184 | 52,950 | 16,853 |
| Group/Directors Accounts | 4,281 | ||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 46,982 | 8,436 | 18,309 | 41,769 | 61,184 | 52,950 | 21,134 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | 17,719 | 22,611 | 40,000 | ||||
| provisions | |||||||
| total long term liabilities | 17,719 | 22,611 | 40,000 | ||||
| total liabilities | 64,701 | 31,047 | 58,309 | 41,769 | 61,184 | 52,950 | 21,134 |
| net assets | -50,659 | -11,253 | -8,490 | 1,073 | 6,244 | 3,004 | 2,357 |
| total shareholders funds | -50,659 | -11,253 | -8,490 | 1,073 | 6,244 | 3,004 | 2,357 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 666 | 666 | |||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -5,613 | -28,674 | 8,098 | -23,750 | 17,184 | 32,819 | 13,912 |
| Creditors | 38,546 | -9,873 | -23,460 | -19,415 | 8,234 | 36,097 | 16,853 |
| Accruals and Deferred Income | |||||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -4,281 | 4,281 | |||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -4,892 | -17,389 | 40,000 | ||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -7,223 | 310 | 6,913 | ||||
| overdraft | |||||||
| change in cash | -7,223 | 310 | 6,913 |
trust support services ltd Credit Report and Business Information
Trust Support Services Ltd Competitor Analysis
Perform a competitor analysis for trust support services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in E 1 area or any other competitors across 12 key performance metrics.
trust support services ltd Ownership
TRUST SUPPORT SERVICES LTD group structure
Trust Support Services Ltd has no subsidiary companies.
Ultimate parent company
TRUST SUPPORT SERVICES LTD
10102448
trust support services ltd directors
Trust Support Services Ltd currently has 1 director, Mr Bipul Rahman serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bipul Rahman | United Kingdom | 38 years | Apr 2016 | - | Director |
P&L
April 2023turnover
246.5k
+19%
operating profit
-39.4k
0%
gross margin
16.1%
+4.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-50.7k
+3.5%
total assets
14k
-0.29%
cash
0
0%
net assets
Total assets minus all liabilities
trust support services ltd company details
company number
10102448
Type
Private limited with Share Capital
industry
80100 - Private security activities
96090 - Other personal service activities n.e.c.
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
trust security solutions uk ltd (September 2019)
accountant
-
auditor
-
address
112-116 whitechapel road, 3rd floor, london, E1 1JE
Bank
-
Legal Advisor
-
trust support services ltd 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 support services ltd.
trust support services ltd 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 support services ltd Companies House Filings - See Documents
| date | description | view/download |
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