Back to search

Truss Projects Ltd

14581000

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

7 ANGELICA WAY, CARDIFF, CF14 9FJ
Incorporated 10/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Thomas Jason Russell

director · Since 10/01/2023

DIRECTOR

BRITISH · WALES · Age 28

Also on 13 other boards

Persons with Significant Control

Truss Holding Ltd

75–100% shares
75–100% votes

7, Angelica Way, Cardiff, CF14 9FJ

Notified 14/02/2024

Former PSCs

Mr Thomas Jason Russell

Ceased 11/11/2025

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 01/10/2024Registered 02/10/2024
Charge
satisfied

THE COUNTY COUNCIL OF THE CITY AND COUNTY OF CARDIFF

Created 09/11/2023Registered 16/11/2023Satisfied 01/10/2024

CompanyRankvs 75210+ SIC 41100 peers
19

Financial strength9th percentile among SIC peers · 2/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees7/15 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.

Longevity3/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

-£45k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£358k

Working capital

Current Assets

£57k

Current Liabilities

£415k

Fixed Assets

£334k

1avg. employees

Balance Sheet

Assets less current liabilities-£24k
Signed by Mr Thomas Russell 24/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14-£35k
20240.22

Derived from filed accounts. Not audited figures.