Trust Payments (Uk) Ltd
04591066
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 9 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 09/11/2025
Due 23/11/2026
Industry
Officers
director · Since 01/06/2020
FINANCE PROFESSIONAL
BULGARIAN · UNITED KINGDOM · Age 37
director · Since 03/10/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 6 other boards
Former
corporate nominee director · Resigned 19/11/2002
corporate nominee secretary · Resigned 19/11/2002
director · Resigned 10/12/2002
director · Resigned 01/09/2003
secretary · Resigned 14/09/2011
director · Resigned 14/09/2011
director · Resigned 18/09/2013
director · Resigned 18/02/2015
director · Resigned 17/04/2019
secretary · Resigned 31/10/2024
director · Resigned 31/10/2024
Persons with Significant Control
Trust Payments Ltd
T Bromley, 15-17 London Road, Bromley, BR1 1DE
Notified 08/05/2019
Former PSCs
Securetrading Group Ltd
Ceased 08/05/2019
Charges9 outstanding
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
NATIONAL ASSEMBLY FOR WALES
Change History
Active
Private Limited Company
1 ROYAL EXCHANGE
LONDON
EC3V 3DG
CompanyRankvs 31113+ SIC 62090 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
liability and net liability position primarily due to the long-term debt and the associated PIK interest which has been accruing on the principal balance. In considering the appropriateness of the going concern basis of preparation and whether any material uncertainty that would cast doubt over the Group and the company’s ability to continue as a going concern, the directors have considered the
Key FinancialsYear ending 31/12/2024
Turnover
£12.6M
Annual revenue
Net Worth
-£8.9M
Balance sheet strength
Cash
£151k
Cash in the bank
Profit Before Tax
-£5.3M
Bottom line earnings
Net Current Assets
-£17.4M
Working capital
Current Assets
£11.8M
Current Liabilities
£29.2M
Fixed Assets
£10.0M
Debtors
£11.6M
Cost of Sales
£5.3M
Gross Profit
£7.2M
Admin Expenses
£12.8M
Operating Profit
-£5.2M
Profit After Tax
-£5.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.40 | -£5.3M |
| 2023 | 0.13 | — |
Derived from filed accounts. Not audited figures.