Trust Group Holdings Ltd
Registered name: TRUST GROUP HOLDINGS LTD
Trust Group Holdings Ltd made £36.6m revenue and £133k profit in the year to 31 Mar 2023.
Trust Group Holdings Ltd’s revenue grew 6% to £36.6m in the year to 31 Mar 2023, with £133k profit and 27 employees. The company is classified under “general public administration activities” and is based in Leicester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Leicester, East Midlands
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £34.5m | £36.6m |
| Cost of sales | £33.1m | £34.8m |
| Gross profit | £1.4m | £1.9m |
| Operating profit | £131k | £165k |
| Profit before tax | £130k | £164k |
| Profit after tax | £105k | £133k |
| Profit (best available) | £105k | £133k |
| Employees (average) | 20 | 27 |
| Ratios | ||
| Profit margin | 0.3% | 0.4% |
| Gross margin | 4.1% | 5.1% |
| Revenue per employee | £1.7m | £1.4m |
| Profit per employee | £5.3k | £4.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▲6.2% |
| Profit growth | — | ▲26.7% |
| Headcount growth | — | ▲35% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.5m | £2.3m |
| Net assets | £4.3m | £4.4m |
| Fixed assets | £200k | £151k |
| Current assets | £7.4m | £8.4m |
| Debtors | £4.3m | £4.1m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 5.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.4m
- Revenue ÷ average employees.
- Profit per employee
- £4.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲3%
- Now £4.4m
- Cash at bank
- ▲49%
- Now £2.3m
- Headcount
- ▲35%
- Now 27
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £151k
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit £133k), from the Companies House accounts bulk data published Oct 2023. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.