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Truss Solutions Ltd

11227111

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

WYCKHAM WAY OLD STATION ROAD, SOLIHULL, B92 0HB
Incorporated 27/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16230
Manufacture of other builders' carpentry and joinery

Officers

Mr James Joseph Kelly

director · Since 04/01/2024

DIRECTOR

NORTHERN IRISH · NORTHERN IRELAND · Age 39

Also on 4 other boards

Mr Stephen Trevor Thompstone

director · Since 04/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 10 other boards

Persons with Significant Control

Wyckham Blackwell Holdings Limited

Significant control

Victory House, Prospect Hill, Douglas, IM99 1AH

Reg: 011876v · Isle Of Man Companies Register · Limited Company

Notified 29/07/2024

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 23/02/2021Registered 25/02/2021Satisfied 11/01/2024

CompanyRankvs 3589+ SIC 16230 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity8 years trading (max 15) · 8/15
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.

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.

Longevity8/15 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 31/12/2023

Net Worth

-£126k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£446k

Working capital

Current Assets

£165k

Current Liabilities

£611k

Fixed Assets

£336k

Debtors

£36k

18avg. employees+2

Tax at Year End

VAT£4k

Balance Sheet

Assets less current liabilities-£111k
Signed by Mr Stephen Thompstone 13/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.27-£33k£81k
20220.70-£133k£676k
20210.86

Derived from filed accounts. Not audited figures.