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Troncap Limited

09224364

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

SUITE RO MORGAN REACH HOUSE, BIRMINGHAM, B16 9NX
Incorporated 18/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46160
Agents involved in the sale of textiles, clothing, fur, footwear and leather goods

Officers

Mr Pargon Singh Malhi

director · Since 18/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 15 other boards

Persons with Significant Control

Mr Pargon Singh Malhi

75–100% shares
75–100% votes
Appoint directors

British · England · Age 68

8 Kelmscott Road, Harborne, Birmingham, B17 8QN

Notified 01/09/2016

CompanyRankvs 435+ SIC 46160 peers
76

Financial strength83th percentile among SIC peers · 21/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.13× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees8/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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 31/08/2024

Net Worth

£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£12k

Current Liabilities

£6k

1avg. employees+1

Balance Sheet

Assets less current liabilities£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.13+£4k
20233.35+£6k
20224.05+£5k
20212.41+£509
20201.34-£5k
20192.31+£5k
20182.99

Derived from filed accounts. Not audited figures.