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Troika Systems Limited

03292855

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 BLACKWORTH COURT, HIGHWORTH SWINDON, SN6 7NS
Incorporated 16/12/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

Mr Simon Ralph Hughes

director · Since 25/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 6 other boards

Mr Richard Smuts-Steyn

director · Since 01/07/2023

COMPANY DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 60

Also on 1 other board

Mr Stephen Craik

director · Since 05/11/2024

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Ensco 1281 Limited

75–100% shares
75–100% votes

111, Edmund Street, Birmingham, B3 2HJ

Reg: 11260743 · England And Wales Companies Registry · Limited Company

Notified 25/09/2018

Former PSCs

Mr Philip Henry Christian Hall

Ceased 23/08/2018

Mrs Elisabeth Catharina Hall

Ceased 25/09/2018

Mr Philip Henry Christian Hall

Ceased 23/08/2018

Mrs Elisabeth Catharina Hall

Ceased 23/08/2018

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 17/12/2021Registered 17/12/2021
Charge
outstanding

HSBC UK BANK PLC

Created 06/12/2021Registered 09/12/2021
Charge
outstanding

IW CAPITAL (SECURITY TRUSTEE) LIMITED

Created 25/09/2018Registered 28/09/2018
charge
satisfied

YORKSHIRE BANK PLC

Created 24/09/1999Registered 07/10/1999Satisfied 25/10/2014

CompanyRankvs 42+ SIC 26512 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.84× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£338k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.6M

Current Liabilities

£441k

Fixed Assets

£57k

Debtors

£2.1M

21avg. employees+1

Tax at Year End(2020)

Corp tax£41k

Balance Sheet

Intangible assets£3k
Bank loans & overdrafts£177k
Assets less current liabilities£2.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20255.84+£309k
20245.62-£114k
20237.97+£120k
20226.81+£257k
202112.10+£286k
202016.84+£301k
20196.01

Derived from filed accounts. Not audited figures.