TRUSTACK LIMITED Financials
- Company number
- 11624287CopyCopy
- Registered office
- Cirrus House 1 Berrymoor Court, Northumberland Business Park, Cramlington NE23 7RZ
- Incorporated
- 15/10/2018
Company snapshot
- Status
- Active
- Employees
- 51 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
26.85%vs 20232023: £1.69M
Total Assets
21.03%vs 20232023: £3.79M
Cash in Bank
41.59%vs 20232023: £1.41M
Total Liabilities
16.34%vs 20232023: £2.10M
Employees
-4vs 20232023: 55
In 2024, TRUSTACK LIMITED reported net assets of £2.15M. The same filing shows total assets of £4.59M, cash in bank of £1.99M and total liabilities of £2.44M. Reported headcount was 51 in 2024. Total Assets rose from £3.79M in 2023 to £4.59M in 2024 (21.03%). 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
26.85%from £1.69M 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 TRUSTACK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+51.4%vs 2022+23% a year compound (CAGR)
Cash in Bank
+84.4%vs 2022+35.8% a year compound (CAGR)
Total Assets
+32%vs 2022+14.9% a year compound (CAGR)
Total Liabilities
+18.7%vs 2022+8.9% a year compound (CAGR)
Employees
-5.6%vs 2022-3Biggest increase
Cash in Bank+84.4%
£1.08M in 2022 to £1.99M in 2024
Biggest decrease
Employees-5.6%
54 in 2022 to 51 in 2024
TRUSTACK LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRUSTACK LIMITED'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
- 46.81%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
- 53.19%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
- 81.54%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
- 43.38%2024
- 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 TRUSTACK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.70M | 1.42M | 1.69M | 2.15M |
| Total Assets£ | 4.29M | 3.48M | 3.79M | 4.59M |
| Cash in Bank£ | 1.79M | 1.08M | 1.41M | 1.99M |
| Total Liabilities£ | 2.59M | 2.06M | 2.10M | 2.44M |
| Employees | 52 | 54 | 55 | 51 |
TRUSTACK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRUSTACK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TRUSTACK LIMITED reported net assets of £2.15M for 2024. That compares with £1.69M in 2023, a change of 26.85%.
TRUSTACK LIMITED reported total assets of £4.59M for 2024. That compares with £3.79M in 2023, a change of 21.03%.
TRUSTACK LIMITED reported cash in bank of £1.99M for 2024. That compares with £1.41M in 2023, a change of 41.59%.
TRUSTACK LIMITED reported 51 employees in 2024, compared with 55 in 2023.
Between 2022 and 2024, TRUSTACK LIMITED's net assets rose by 51.4%, cash in bank rose by 84.4%, total assets rose by 32% and total liabilities rose by 18.7%. Net assets compounded at 23% a year across the two years to 2024, from £1.42M to £2.15M. Reported headcount went from 54 in 2022 to 51 in 2024 (-3).
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.