TRUST PAYMENTS (UK) LTD Financials
- Company number
- 04591066CopyCopy
- Registered office
- 27 Old Gloucester Street, London WC1N 3AX
- Incorporated
- 15/11/2002
Company snapshot
- Status
- Active
- Employees
- 70 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-151.25%vs 20232023: £-3.54M
Total Assets
47.45%vs 20232023: £14.73M
Cash in Bank
-5.44%vs 20232023: £159.25K
Total Liabilities
67.55%vs 20232023: £18.27M
Employees
+3vs 20232023: 67
In 2024, TRUST PAYMENTS (UK) LTD reported net assets of £-8.88M. The same filing shows total assets of £21.72M, cash in bank of £150.59K and total liabilities of £30.61M. Reported headcount was 70 in 2024. Total Liabilities rose from £18.27M in 2023 to £30.61M in 2024 (67.55%). Okredo holds filed figures for 2021–2024; 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
-151.25%from £-3.54M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures TRUST PAYMENTS (UK) LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-35.9%vs 2022-19.9% a year compound (CAGR)
Total Assets
+46.8%vs 2022+21.2% a year compound (CAGR)
Total Liabilities
+97.3%vs 2022+40.5% a year compound (CAGR)
Employees
+1.4%vs 2022+1Biggest increase
Total Liabilities+97.3%
£15.52M in 2022 to £30.61M in 2024
Biggest decrease
Cash in Bank-35.9%
£234.87K in 2022 to £150.59K in 2024
TRUST PAYMENTS (UK) LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRUST PAYMENTS (UK) 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
- -40.90%2024
- 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
- 140.90%2024
- 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
- 0.49%2024
- 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
- 0.69%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £179.43K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TRUST PAYMENTS (UK) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.74M | -722.55K | -3.54M | -8.88M |
| Total Assets£ | 10.42M | 14.79M | 14.73M | 21.72M |
| Cash in Bank£ | 48.05K | 234.87K | 159.25K | 150.59K |
| Total Liabilities£ | 7.68M | 15.52M | 18.27M | 30.61M |
| Employees | 57 | 69 | 67 | 70 |
TRUST PAYMENTS (UK) LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRUST PAYMENTS (UK) LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TRUST PAYMENTS (UK) LTD reported net assets of £-8.88M for 2024. That compares with £-3.54M in 2023, a change of -151.25%.
TRUST PAYMENTS (UK) LTD reported total assets of £21.72M for 2024. That compares with £14.73M in 2023, a change of 47.45%.
TRUST PAYMENTS (UK) LTD reported cash in bank of £150.59K for 2024. That compares with £159.25K in 2023, a change of -5.44%.
TRUST PAYMENTS (UK) LTD reported 70 employees in 2024, compared with 67 in 2023.
Between 2022 and 2024, TRUST PAYMENTS (UK) LTD's cash in bank fell by 35.9%, total assets rose by 46.8%, total liabilities rose by 97.3% and employee numbers rose by 1.4%. Cash in bank contracted at 19.9% a year across the two years to 2024, from £234.87K to £150.59K. Reported headcount went from 69 in 2022 to 70 in 2024 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.