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Trust App Ltd

11816574

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)
  • Negative net worth (-10)

Details

4 UNICORN BUSINESS PARK WHITBY ROAD, BRISTOL, BS4 4EX
Incorporated 11/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Grant Sidwell

director · Since 11/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Mr Chris Cook

director · Since 23/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 69

Mr Matthew Christopher Cook

director · Since 23/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Grant Sidwell

25–50% votes
Appoint directors

British · England · Age 45

4 Unicorn Business Park, Whitby Road, Bristol, BS4 4EX

Notified 11/02/2019

Mr Matthew Christopher Cook

25–50% shares
25–50% votes

British · England · Age 40

4 Unicorn Business Park, Whitby Road, Bristol, BS4 4EX

Notified 23/12/2019

Mr Chris Cook

25–50% shares
25–50% votes

British · England · Age 69

4 Unicorn Business Park, Whitby Road, Bristol, BS4 4EX

Notified 23/12/2019

Former PSCs

Mrs Eleanor Sidwell

Ceased 10/09/2020

CompanyRankvs 40413+ SIC 62090 peers
39

Financial strength2th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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40413Trust App Ltd
39
How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Longevity7/15 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

-£197k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£1.3M

Working capital

Current Assets

£292k

Current Liabilities

£1.5M

Fixed Assets

£1.1M

Debtors

£282k

9avg. employees-1

Tax at Year End(2022)

Corp tax£21k

Balance Sheet

Intangible assets£34k
Assets less current liabilities-£176k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.19-£381k
20222.08-£777k
202117.88+£694k
202012.88—
20190.84—

Derived from filed accounts. Not audited figures.