Pomanda estimates the enterprise value of TRUSS SOLUTIONS LTD at £471.6k based on a Turnover of £1.3m and 0.36x industry multiple (adjusted for size and gross margin).
truss solutions ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TRUSS SOLUTIONS LTD at £0 based on an EBITDA of £-4.1k and a 3.2x industry multiple (adjusted for size and gross margin).
truss solutions ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of TRUSS SOLUTIONS LTD at £0 based on Net Assets of £-125.7k and 1.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Truss Solutions LtdOverview
Truss Solutions Ltd is a live company located in solihull, B92 0HB with a Companies House number of 11227111. It operates in the manufacture of other builders' carpentry and joinery sector, SIC Code 16230. Founded in February 2018, it's largest shareholder is
wyckham blackwell holdings limited
with a 100% stake. Truss Solutions Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Truss Solutions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£9.8m)
£1.3m - Truss Solutions Ltd
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8.3%)
-5% - Truss Solutions Ltd
8.3% - Industry AVG
Production
with a gross margin of 28.2%, this company has a comparable cost of product (28.2%)
28.2% - Truss Solutions Ltd
28.2% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (6.7%)
-2.2% - Truss Solutions Ltd
6.7% - Industry AVG
Employees
with 18 employees, this is below the industry average (64)
18 - Truss Solutions Ltd
64 - Industry AVG
Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
£34.2k - Truss Solutions Ltd
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £73.6k, this is less efficient (£155.5k)
£73.6k - Truss Solutions Ltd
£155.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (53 days)
1 days - Truss Solutions Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (40 days)
106 days - Truss Solutions Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is in line with average (43 days)
49 days - Truss Solutions Ltd
43 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Truss Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 125.1%, this is a higher level of debt than the average (46.4%)
125.1% - Truss Solutions Ltd
46.4% - Industry AVG
TRUSS SOLUTIONS LTD financials
EXPORT
Truss Solutions Ltd's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of -£125.7 thousand. According to their latest financial statements, Truss Solutions Ltd has 18 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Turnover
1,323,991
784,664
768,269
1,538,420
Other Income Or Grants
Cost Of Sales
950,040
565,806
557,571
1,109,040
Gross Profit
373,951
218,858
210,697
429,381
Admin Expenses
403,350
348,697
173,034
415,718
Operating Profit
-29,399
-129,839
37,663
13,663
Interest Payable
3,576
3,476
1,423
Interest Receivable
42
71
2
Pre-Tax Profit
-32,933
-133,243
36,242
13,663
Tax
-6,886
-2,596
Profit After Tax
-32,933
-133,243
29,356
11,067
Dividends Paid
Retained Profit
-32,933
-133,243
29,356
11,067
Employee Costs
616,360
503,571
483,563
332,083
Number Of Employees
18
16
17
12
EBITDA*
-4,109
-108,487
37,663
13,663
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Tangible Assets
335,703
154,742
176,094
126,092
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
335,703
154,742
176,094
126,092
Stock & work in progress
129,603
66,299
143,660
Trade Debtors
7,138
19,444
15,607
241,429
Group Debtors
Misc Debtors
28,375
342,313
75,587
7,485
Cash
1,608
4,710
misc current assets
total current assets
165,116
429,664
239,564
248,914
total assets
500,819
584,406
415,658
375,006
Bank overdraft
10,845
10,800
11,233
Bank loan
Trade Creditors
278,102
111,713
100,010
224,802
Group/Directors Accounts
other short term finances
hp & lease commitments
46,748
45,043
45,043
other current liabilities
275,732
444,815
117,355
total current liabilities
611,427
612,371
273,641
224,802
loans
15,141
26,789
35,434
hp & lease commitments
38,062
66,156
Accruals and Deferred Income
3,250
other liabilities
135,887
provisions
total long term liabilities
15,141
64,851
101,590
139,137
total liabilities
626,568
677,222
375,231
363,939
net assets
-125,749
-92,816
40,427
11,067
total shareholders funds
-125,749
-92,816
40,427
11,067
Dec 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Operating Activities
Operating Profit
-29,399
-129,839
37,663
13,663
Depreciation
25,290
21,352
Amortisation
Tax
-6,886
-2,596
Stock
63,304
-77,361
143,660
Debtors
-326,244
270,563
-157,720
248,914
Creditors
166,389
11,703
-124,792
224,802
Accruals and Deferred Income
-169,083
327,460
114,105
3,250
Deferred Taxes & Provisions
Cash flow from operations
256,137
37,474
34,150
-9,795
Investing Activities
capital expenditure
-206,251
-50,002
-126,092
Change in Investments
cash flow from investments
-206,251
-50,002
-126,092
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-11,648
-8,645
35,434
Hire Purchase and Lease Commitments
-36,357
-28,094
111,199
other long term liabilities
-135,887
135,887
share issue
4
interest
-3,534
-3,405
-1,421
cash flow from financing
-51,539
-40,144
9,329
135,887
cash and cash equivalents
cash
-1,608
-3,102
4,710
overdraft
45
-433
11,233
change in cash
-1,653
-2,669
-6,523
truss solutions ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for truss solutions ltd. Get real-time insights into truss solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for truss solutions ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B92 area or any other competitors across 12 key performance metrics.
truss solutions ltd Ownership
TRUSS SOLUTIONS LTD group structure
Truss Solutions Ltd has no subsidiary companies.
Ultimate parent company
WYCKHAM BLACKWELL HOLDINGS LTD
#0120461
1 parent
TRUSS SOLUTIONS LTD
11227111
TRUSS SOLUTIONS LTD Shareholders
The sole shareholder of Truss Solutions Ltd is Wyckham Blackwell Holdings Limited.
wyckham blackwell holdings limited
100%
truss solutions ltd directors
Truss Solutions Ltd currently has 2 directors.
The longest serving directors include
Mr James Kelly (Jan 2024) and
Mr Stephen Thompstone (Jan 2024).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-125.7k
+0.35%
total assets
500.8k
-0.14%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
truss solutions ltd company details
company number
11227111
Type
Private limited with Share Capital
industry
16230 - Manufacture of other builders' carpentry and joinery
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
WYCKHAM BLACKWELL HOLDINGS LTD
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
ttf truss solutions ltd (April 2023)
truro roof truss limited (March 2019)
accountant
WHYFIELD LIMITED
auditor
-
address
wyckham way old station road, hampton-in-arden, solihull, B92 0HB
Bank
-
Legal Advisor
-
truss solutions 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 found 1 charges/mortgages relating to truss solutions ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
truss solutions 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.
Click to start generating capital raising & share issue transactions for TRUSS SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
truss solutions ltdCompanies House Filings - See Documents
