Back to search

Trustflight Limited

10989885

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)
  • Going concern doubt noted in accounts (-10)

Details

THE NATIONAL SAFETY AND SECURITY ACADEMY FIRST AVENUE, DONCASTER, DN9 3RH
Incorporated 02/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Jonathan Karl Steeves

director · Since 02/10/2017

DIRECTOR

BRITISH · CANADA · Age 32

Also on 2 other boards

Mr Richard Martin Steeves

director · Since 02/10/2017

DIRECTOR

BRITISH · JERSEY · Age 64

Also on 2 other boards

Mr Michael Sanchez Montes

secretary · Since 14/06/2022

Persons with Significant Control

Mr Richard Martin Steeves

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust

British · Jersey · Age 64

The National Safety And Security Academy, First Avenue, Doncaster, DN9 3RH

Notified 02/10/2017

Former PSCs

Mr Jonathan Karl Steeves

Ceased 26/02/2021

CompanyRankvs 13435+ SIC 62012 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Arden Software Limited
90
2Synergy Logistics Limited
90
3Animation 2000 Limited
90
4Clive Holmes Limited
90
5H. & A.K. Fletcher Limited
90
6Datastor Systems Limited
90
7Xenith Document Systems Ltd
90
8Tba Doncaster Limited
90
9Industrial Tool Supplies (London) Limited
90
10Computair Limited
90
13435Trustflight Limited
65
How is this score calculated?
Financial strength25/25 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.

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.

Longevity9/15 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

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer

Key FinancialsYear ending 31/03/2024

Net Worth

£4.4M

Balance sheet strength

Cash

£293k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£2.9M

Current Liabilities

£16.9M

Fixed Assets

£18.4M

Debtors

£2.6M

Cost of Sales

£5.1M

Profit After Tax

-£1.3M

27avg. employees-10

People Costs

Wages & salaries£4.2M

Balance Sheet

Intangible assets£12.6M
Bank loans & overdrafts£22k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17-£846k
20230.09-£744k
20210.07—
20200.18—
20191.28—

Derived from filed accounts. Not audited figures.