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Trustco Plc.

03476994

active
Public Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

30-34 NORTH STREET, HAILSHAM, BN27 1DW
Incorporated 05/12/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities

Officers

Mr Timothy Edward Cripps

director · Since 04/10/2013

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Miss Michelle Jane Cope

director · Since 09/12/2014

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Timothy Edward Cripps

25–50% shares
25–50% votes

British · United Kingdom · Age 50

Ground Floor, 19 New Road, Brighton, BN1 1UF

Notified 06/04/2016

Criptech Limited

25–50% shares
25–50% votes

30-34, North Street, Hailsham, BN27 1DW

Reg: 16812941 · Register Of Companies · Limited Company

Notified 19/01/2026

Former PSCs

Ms Michelle Cope

Ceased 06/04/2016

Mrs Karen Jean Lawton

Ceased 06/04/2016

Mr Kevin James Lawton

Ceased 19/01/2026

Charges2 outstanding

charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 19/06/2012Registered 21/06/2012
charge
satisfied

MERRITTS PROPERTIES LIMITED

Created 19/07/2007Registered 24/07/2007Satisfied 25/08/2018
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/03/2007Registered 23/03/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/03/2005Registered 02/04/2005Satisfied 25/03/2021
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED (THE SECURITY HOLDER)

Created 24/03/2004Registered 06/04/2004Satisfied 10/07/2007
charge
satisfied

CLOSE INVOICE FINANCE LIMITED

Created 24/02/1998Registered 06/03/1998Satisfied 15/12/2004
charge
satisfied

CLOSE INVOICE FINANCE LIMITED

Created 24/02/1998Registered 06/03/1998Satisfied 15/12/2004

CompanyRankvs 3277+ SIC 62020 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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3277Trustco Plc.
82
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£14.3M

Annual revenue

Net Worth

£842k

Balance sheet strength

Cash

£121k

Cash in the bank

Profit Before Tax

£717k

Bottom line earnings

Net Current Assets

£803k

Working capital

Current Assets

£5.8M

Current Liabilities

£5.0M

Fixed Assets

£50k

Debtors

£5.7M

Cost of Sales

£13.1M

Gross Profit

£1.2M

Admin Expenses

£497k

Operating Profit

£713k

Profit After Tax

£532k

12avg. employees

Tax at Year End

Corp tax£183k
Dividends paid£216k

People Costs

Wages & salaries£321k
NI contributions£27k

Balance Sheet

Assets less current liabilities£854k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.16

Derived from filed accounts. Not audited figures.