TRUSS SOLUTIONS LTD Financials
- Company number
- 11227111CopyCopy
- Registered office
- Wyckham Way Old Station Road, Hampton-In-Arden, Solihull B92 0HB
- Incorporated
- 27/02/2018
Company snapshot
- Status
- Active
- Employees
- 18 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-35.48%vs 20222022: £-92.82K
Total Assets
13.17%vs 20222022: £739.15K
Cash in Bank
First reported yearTotal Liabilities
-7.48%vs 20222022: £677.22K
Employees
+2vs 20222022: 16
In 2023, TRUSS SOLUTIONS LTD reported net assets of £-125.75K. The same filing shows total assets of £836.52K, cash in bank of £1.61K and total liabilities of £626.57K. Reported headcount was 18 in 2023. Total Assets rose from £739.15K in 2022 to £836.52K in 2023 (13.17%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-35.48%from £-92.82K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures TRUSS SOLUTIONS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-411%vs 2021Total Assets
+105%vs 2021+43.1% a year compound (CAGR)
Total Liabilities
+70.1%vs 2021+30.4% a year compound (CAGR)
Employees
+5.9%vs 2021+1Biggest increase
Total Assets+105%
£408.67K in 2021 to £836.52K in 2023
Biggest decrease
Net Assets-411%
£40.43K in 2021 to £-125.75K in 2023
TRUSS SOLUTIONS LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRUSS SOLUTIONS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -15.03%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 74.90%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.24%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.22%2022
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TRUSS SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 40.43K | -92.82K | -125.75K |
| Total Assets£ | 408.67K | 739.15K | 836.52K |
| Cash in Bank£ | – | 1.61K | – |
| Total Liabilities£ | 368.25K | 677.22K | 626.57K |
| Employees | 17 | 16 | 18 |
TRUSS SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRUSS SOLUTIONS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
TRUSS SOLUTIONS LTD reported net assets of £-125.75K for 2023. That compares with £-92.82K in 2022, a change of -35.48%.
TRUSS SOLUTIONS LTD reported total assets of £836.52K for 2023. That compares with £739.15K in 2022, a change of 13.17%.
TRUSS SOLUTIONS LTD reported cash in bank of £1.61K for 2022. There is no earlier filing to compare it against.
TRUSS SOLUTIONS LTD reported 18 employees in 2023, compared with 16 in 2022.
Between 2021 and 2023, TRUSS SOLUTIONS LTD's net assets fell by 411%, total assets rose by 105%, total liabilities rose by 70.1% and employee numbers rose by 5.9%. Total assets compounded at 43.1% a year across the two years to 2023, from £408.67K to £836.52K. Reported headcount went from 17 in 2021 to 18 in 2023 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.