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Troycomm Systems Limited

08109904

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

PICCADILLY BUSINESS CENTRE UNIT C ALDOW ENTERPRISE PARK, MANCHESTER, M12 6AE
Incorporated 18/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Shafiq Rashid

director · Since 01/07/2014

IT CONSULTANCY

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Shafiq Rashid

75–100% shares

British · England · Age 57

08109904 - Companies House Default Address, Cardiff, CF14 8LH

Notified 06/04/2016

CompanyRankvs 75389+ SIC 62020 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 pts

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

Liquidity2/20 pts

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

Longevity14/15 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.

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

Key FinancialsYear ending 31/03/2025

Turnover

£34k

Annual revenue

Net Worth

-£107k

Balance sheet strength

Cash

£7k

Cash in the bank

Profit Before Tax

-£32k

Bottom line earnings

Net Current Assets

-£83k

Working capital

Current Assets

£7k

Current Liabilities

£89k

Fixed Assets

£13k

Cost of Sales

£18k

Gross Profit

£16k

Admin Expenses

£31k

Operating Profit

-£32k

Profit After Tax

-£32k

2avg. employees

Balance Sheet

Assets less current liabilities-£70k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£28k
20240.09+£13k
20230.00+£885
20220.00-£12k
20210.00-£5k
20200.19-£15k
20190.14

Derived from filed accounts. Not audited figures.