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Trust Group Ventures Limited

12027048

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

PHOENIX PARK INDUSTRIAL ESTATE, HEYWOOD, OL10 2AB
Incorporated 31/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46660
Wholesale of other office machinery and equipment
61100
Wired telecommunications activities

Officers

Mrs Jane Bernadette Leahy

director · Since 31/05/2019

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 7 other boards

Persons with Significant Control

Mrs Jane Bernadette Leahy

25–50% shares
25–50% votes

British · England · Age 54

Phoenix Park Industrial Estate, Park Street, Heywood, OL10 2AB

Notified 31/05/2019

Mr Vincent Patrick Leahy

25–50% shares
25–50% votes

British · England · Age 59

Phoenix Park Industrial Estate, Park Street, Heywood, OL10 2AB

Notified 31/05/2019

Former PSCs

Mr Terence Ambrose

Ceased 26/07/2019

CompanyRankvs 441+ SIC 46660 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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441Trust Group Ventures Limited
39
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.

Liquidity6/20 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.

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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 29/11/2022

Turnover

£15.2M

Annual revenue

Net Worth

-£1.1M

Balance sheet strength

Cash

£103k

Cash in the bank

Profit Before Tax

-£162k

Bottom line earnings

Net Current Assets

-£1.9M

Working capital

Current Assets

£3.9M

Current Liabilities

£5.8M

Fixed Assets

£2.2M

Debtors

£2.6M

Cost of Sales

£12.3M

Gross Profit

£2.9M

Admin Expenses

£3.1M

Operating Profit

-£149k

Profit After Tax

-£169k

49avg. employees

Tax at Year End

Dividends paid-£184k

People Costs

Wages & salaries£1.5M
NI contributions£180k

Balance Sheet

Intangible assets£1.8M
Bank loans & overdrafts£140k
Assets less current liabilities£254k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20220.67

Derived from filed accounts. Not audited figures.