RICHARD TRUSS LTD
No material changes in the last 30 days.
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (65/100).
Refinance opportunity
1 live charge · oldest 19.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (69/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 |
|---|---|
| Total assets | £207.2k |
| Current assets | £224.0k |
| Cash | £157.1k |
| Debtors | £62.0k |
| Net assets | £181.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (20 events)Click to expand
- 2026-04-22📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2025-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-10-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-02-15➖WWW.FIRSTREGISTRARS.CO.UK LIMITED resignedcorporate-secretary
- 2021-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-19📄change-person-director-company-with-change-dateofficers · CH01
- 2018-02-19📄change-person-director-company-with-change-dateofficers · CH01
- 2018-02-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2007-02-27🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2007-01-25🏢Company incorporatedAs RICHARD TRUSS LTD
- 2007-01-25➕TRUSS, Richard appointeddirector
- 2007-01-25➕WWW.FIRSTREGISTRARS.CO.UK LIMITED appointedcorporate-secretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "TRUSS" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Truss Individual · British · DOB 08/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Miss Jane Thomson Individual · British · DOB 01/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 27/02/2007 | — |