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Truss Developments Limited

14400558

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

143 TAMWORTH ROAD, NOTTINGHAM, NG10 1BY
Incorporated 05/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Richard James Hutchinson

director · Since 05/10/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Persons with Significant Control

Mr Richard James Hutchinson

50–75% shares
50–75% votes
Appoint directors

British · England · Age 50

143, Tamworth Road, Nottingham, NG10 1BY

Notified 05/10/2022

CompanyRankvs 61485+ SIC 41100 peers
41

Financial strength11th percentile among SIC peers · 3/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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61485Truss Developments Limited
36
How is this score calculated?
Financial strength3/25 pts

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

Employees13/15 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.

Longevity4/15 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 31/10/2024

Net Worth

-£27k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£43k

Current Liabilities

£46k

Fixed Assets

£16k

3avg. employees

Balance Sheet

Assets less current liabilities£22k
Signed by Mr Richard Hutchinson 26/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93-£65k
20231.11—

Derived from filed accounts. Not audited figures.