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Trust Systems Limited

06013797

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 20 - 21 CIRENCESTER OFFICE PARK, CIRENCESTER, GL7 6JJ
Incorporated 29/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
82990
Other business support service activities

Officers

William Stone

director · Since 08/10/2007

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Mr Timothy John Gray

director · Since 21/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 7 other boards

Persons with Significant Control

Usthree Group Holdings Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Unit 20-21 Cirencester Office Park, Tetbury Road, Cirencester, GL7 6JJ

Reg: 09404437 · Registrar Of Companis (Uk) · Private Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 27/05/2020Registered 12/06/2020
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 28/06/2007Registered 03/07/2007Satisfied 15/04/2016

CompanyRankvs 17632+ SIC 62020 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.95× · 6/20
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 strength24/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2019

Net Worth

£225k

Balance sheet strength

Cash

£177k

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£1.8M

Current Liabilities

£1.9M

Fixed Assets

£375k

Debtors

£1.6M

36avg. employees+19

Balance Sheet

Intangible assets£355k
Assets less current liabilities£288k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20190.95-£15k
20180.93

Derived from filed accounts. Not audited figures.