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Trust Distribution Ltd

05354872

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O BDO LLP 5 TEMPLE SQUARE, LIVERPOOL, L2 5RH
Incorporated 07/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46660
Wholesale of other office machinery and equipment
61100
Wired telecommunications activities

Officers

Mrs Jane Bernadette Leahy

secretary · Since 09/02/2006

CO SECRETARY

BRITISH · ENGLAND · Age 54

Also on 15 other boards

Mr Vincent Patrick Leahy

director · Since 09/02/2006

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Mr Terence Ambrose

director · Since 26/06/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Mrs Jane Bernadette Leahy

director · Since 01/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 15 other boards

Persons with Significant Control

Former PSCs

Ms Lesley Keelan

Ceased 26/07/2019

Mr Vincent Patrick Leahy

Ceased 26/07/2019

Mr Terence Ambrose

Ceased 26/07/2019

Mrs Jane Bernadette Leahy

Ceased 26/07/2019

Trust Group Ventures Limited

Ceased 26/07/2019

Charges2 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 02/04/2024Registered 03/04/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/01/2013Registered 23/01/2013Satisfied 23/03/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/09/2012Registered 25/09/2012Satisfied 23/03/2024
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/03/2012Registered 10/03/2012
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 01/03/2012Registered 03/03/2012Satisfied 21/06/2024
charge
satisfied

HSBC BANK PLC

Created 28/06/2011Registered 29/06/2011Satisfied 10/03/2012
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 23/02/2007Registered 27/02/2007Satisfied 10/03/2012
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 23/02/2007Registered 27/02/2007Satisfied 10/03/2012
charge
satisfied

HSBC BANK PLC

Created 10/04/2006Registered 12/04/2006Satisfied 10/03/2012

CompanyRankvs 15+ SIC 46660 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.87× · 6/20
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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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 30/11/2022

Turnover

£12.8M

Annual revenue

Net Worth

-£338k

Balance sheet strength

Cash

£73k

Cash in the bank

Profit Before Tax

-£100k

Bottom line earnings

Net Current Assets

-£667k

Working capital

Current Assets

£4.5M

Current Liabilities

£5.1M

Fixed Assets

£470k

Debtors

£3.3M

Cost of Sales

£10.9M

Gross Profit

£1.9M

Admin Expenses

£2.0M

Profit After Tax

-£93k

39avg. employees

Tax at Year End

Dividends paid-£184k

People Costs

Wages & salaries£1.2M
NI contributions£140k

Balance Sheet

Bank loans & overdrafts£106k
Assets less current liabilities-£197k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20220.87

Derived from filed accounts. Not audited figures.