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Trinnovo Group Ltd

11722770

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

20 WESTLAND PLACE, LONDON, N1 7JR
Incorporated 11/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Ben Adams

director · Since 11/12/2018

SALES DIRECTOR

ENGLISH · UNITED KINGDOM · Age 37

Also on 4 other boards

Mr Ashley Stephen Lawrence

director · Since 11/12/2018

SALES DIRECTOR

BRITISH · SWITZERLAND · Age 40

Also on 6 other boards

Mr David Young

director · Since 11/12/2018

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Trinnovo Group Holdings Ltd

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

Trinnovo Group, 20 Westland Place, London, N1 7JR

Reg: 15591038 · United Kingdom · Company Limited By Shares

Notified 23/08/2024

Former PSCs

Mr David Young

Ceased 06/12/2021

Mr Ben Adams

Ceased 06/12/2021

Mr James Cox

Ceased 06/12/2021

Ashley Stephen Lawrence

Ceased 23/08/2024

Charges2 outstanding

Charge
outstanding

SONOVATE LIMITED

Created 12/06/2025Registered 12/06/2025
Charge
outstanding

HSBC UK BANK PLC

Created 21/02/2022Registered 22/02/2022

CompanyRankvs 22321+ SIC 70229 peers
54

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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22321Trinnovo Group Ltd
73
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.

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The directors recognise that the cost of living crisis in the United Kingdom and across the world represents a material uncertainty t

Key FinancialsYear ending 31/12/2023

Net Worth

£500k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£5.9M

Current Liabilities

£4.4M

Fixed Assets

£460k

Debtors

£5.9M

Profit After Tax

£2.8M

34avg. employees-4

Tax at Year End

Corp tax£340k
Dividends paid-£2.8M

People Costs

Wages & salaries£8.8M

Balance Sheet

Intangible assets£1.2M
Bank loans & overdrafts£352k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.33-£556

Derived from filed accounts. Not audited figures.