Trust Payments Ltd
11976895
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 10 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/05/2019
INVESTMENT PROFESSIONAL
SWEDISH · UNITED KINGDOM · Age 60
Also on 4 other boards
director · Since 01/06/2020
MANAGEMENT CONSULTANT
BRITISH · UNITED KINGDOM · Age 54
Also on 2 other boards
director · Since 03/10/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 6 other boards
Persons with Significant Control
Trust Payments Holdings Ltd
1, Royal Exchange, London, EC3V 3DG
Notified 08/05/2019
Charges10 outstanding
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (IN ITS CAPACITY AS SECURITY TRUSTEE FOR ITSELF AND THE OTHER SE
GLAS TRUST CORPORATION LIMITED (IN ITS CAPACITY AS SECURITY TRUSTEE FOR ITSELF AND THE OTHER SE
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED AS THE SECURITY FOR THE SECURED PARTIES (AS DEFINED IN THE INSTR
GLAS TRUST CORPORATION LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR THE SECURED PARTIES (EACH AS DEFINED IN T
CompanyRankvs 17327+ SIC 70100 peers6
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
in accordance with FRS 101 Reduced Disclosure Framework, subject to any material departures disclosed and explained in the financial statements; ∙ assess the group 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the group or to cease operations, or have no
Key FinancialsYear ending 31/12/2021
Net Worth
-£34.7M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£11.9M
Current Liabilities
£41.3M
Profit After Tax
-£15.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.29 | -£14.9M |
| 2020 | 0.29 | -£13.3M |
| 2019 | 0.11 | -£3.9M |
| 2019 | 0.01 | — |
Derived from filed accounts. Not audited figures.