trackwork limited

trackwork limited Company Information

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Company Number

01271067

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Shareholders

trackwork holdings ltd

Group Structure

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Contact

Registered Address

sandall lane, kirk sandall industrial estate, doncaster, DN3 1LL

trackwork limited Estimated Valuation

£74.5m

Pomanda estimates the enterprise value of TRACKWORK LIMITED at £74.5m based on a Turnover of £78.3m and 0.95x industry multiple (adjusted for size and gross margin).

trackwork limited Estimated Valuation

£88m

Pomanda estimates the enterprise value of TRACKWORK LIMITED at £88m based on an EBITDA of £9.4m and a 9.38x industry multiple (adjusted for size and gross margin).

trackwork limited Estimated Valuation

£93.8m

Pomanda estimates the enterprise value of TRACKWORK LIMITED at £93.8m based on Net Assets of £43.2m and 2.17x industry multiple (adjusted for liquidity).

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Trackwork Limited Overview

Trackwork Limited is a live company located in doncaster, DN3 1LL with a Companies House number of 01271067. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 1976, it's largest shareholder is trackwork holdings ltd with a 100% stake. Trackwork Limited is a mature, large sized company, Pomanda has estimated its turnover at £78.3m with healthy growth in recent years.

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Trackwork Limited Health Check

Pomanda's financial health check has awarded Trackwork Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £78.3m, make it larger than the average company (£7.2m)

£78.3m - Trackwork Limited

£7.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.7%)

9% - Trackwork Limited

8.7% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a comparable cost of product (24.6%)

25.4% - Trackwork Limited

24.6% - Industry AVG

profitability

Profitability

an operating margin of 10.1% make it more profitable than the average company (6%)

10.1% - Trackwork Limited

6% - Industry AVG

employees

Employees

with 338 employees, this is above the industry average (33)

338 - Trackwork Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £56k, the company has an equivalent pay structure (£48.1k)

£56k - Trackwork Limited

£48.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £231.6k, this is more efficient (£191.3k)

£231.6k - Trackwork Limited

£191.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is earlier than average (57 days)

40 days - Trackwork Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is quicker than average (39 days)

19 days - Trackwork Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 91 days, this is more than average (14 days)

91 days - Trackwork Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (20 weeks)

54 weeks - Trackwork Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.7%, this is a lower level of debt than the average (61.1%)

39.7% - Trackwork Limited

61.1% - Industry AVG

TRACKWORK LIMITED financials

EXPORTms excel logo

Trackwork Limited's latest turnover from September 2023 is £78.3 million and the company has net assets of £43.2 million. According to their latest financial statements, Trackwork Limited has 338 employees and maintains cash reserves of £27.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover78,276,00078,061,00067,181,00060,099,00052,329,00043,158,00041,361,00042,070,00039,112,00043,376,00042,818,00036,722,00029,182,00023,180,00027,760,000
Other Income Or Grants000000000000000
Cost Of Sales58,393,00058,141,00051,407,00046,818,00039,359,00031,489,00029,399,00031,629,00028,832,00033,001,00034,102,00027,585,00020,417,00016,646,00019,417,000
Gross Profit19,883,00019,920,00015,774,00013,281,00012,970,00011,669,00011,962,00010,441,00010,280,00010,375,0008,716,0009,137,0008,765,0006,534,0008,343,000
Admin Expenses11,989,0009,988,0009,276,0009,031,00011,224,0008,757,0006,773,0006,367,0005,637,0006,015,0006,569,0006,306,0005,944,0005,026,0005,232,000
Operating Profit7,894,0009,932,0006,498,0004,250,0001,746,0002,912,0005,189,0004,074,0004,643,0004,360,0002,147,0002,831,0002,821,0001,508,0003,111,000
Interest Payable21,00000003,0006,000019,000100,000150,00076,00037,000016,000
Interest Receivable1,150,000183,00046,000107,000145,000263,000252,000280,000272,000204,000104,00052,00026,00023,00020,000
Pre-Tax Profit10,725,00010,211,0004,578,0004,358,0001,913,0002,734,0005,684,0004,354,0003,912,0002,964,0002,101,0002,307,0002,810,0001,531,0003,115,000
Tax-2,168,000-1,214,000-1,188,000-843,000-318,000-480,000-877,000-868,000-884,000-1,001,000-505,000-679,000-758,000-440,000-727,000
Profit After Tax8,557,0008,997,0003,390,0003,515,0001,595,0002,254,0004,807,0003,486,0003,028,0001,963,0001,596,0001,628,0002,052,0001,091,0002,388,000
Dividends Paid000002,000,0004,000,0003,000,0003,000,000000000
Retained Profit8,557,0008,997,0003,390,0003,515,0001,595,000254,000807,000486,00028,0001,963,0001,596,0001,628,0002,052,0001,091,0002,388,000
Employee Costs18,934,00018,968,00018,609,00017,205,00016,306,00012,647,00011,535,00010,412,0009,658,00010,383,00010,375,0009,666,0007,860,0006,689,0008,210,000
Number Of Employees338367370365359325338296270290300289227198243
EBITDA*9,384,00011,248,0007,623,0005,388,0002,758,0003,950,0006,226,0005,008,0006,680,0006,651,0004,003,0004,676,0003,566,0002,139,0003,737,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets5,888,0006,175,0006,441,0005,713,0005,262,0006,193,00010,738,00011,302,0008,802,0009,982,00011,878,00012,969,00012,917,00012,125,00011,566,000
Intangible Assets000000000000000
Investments & Other10,137,0004,274,0004,274,0006,274,0004,012,0004,012,0007,470,0002,566,00099,0001,083,0002,583,0002,485,0004,211,0001,0001,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets16,025,00010,449,00010,715,00011,987,0009,274,00010,205,00018,208,00013,868,0008,901,00011,065,00014,461,00015,454,00017,128,00012,126,00011,567,000
Stock & work in progress14,615,00012,752,00010,142,00010,182,0008,221,0007,539,0008,586,0007,879,0007,777,0007,633,0009,114,0006,317,0004,104,0005,061,0004,372,000
Trade Debtors8,689,00012,737,00011,108,0009,076,0008,354,00010,036,0007,492,0006,843,0008,520,0007,147,0006,065,0006,060,0008,226,0005,014,0004,878,000
Group Debtors3,490,0002,344,0002,582,0003,812,0005,415,0006,932,0006,589,0006,821,0006,499,0005,343,0003,749,0005,594,0001,398,000674,000433,000
Misc Debtors974,0001,023,000379,000403,000702,000539,000974,000377,000544,0003,108,0002,813,000133,000234,00084,000556,000
Cash27,850,00027,213,00019,890,00013,523,00010,553,0007,720,0006,247,0007,148,0005,895,0003,394,00013,00013,00016,0002,336,0001,867,000
misc current assets000000000000000
total current assets55,618,00056,069,00044,101,00036,996,00033,245,00032,766,00029,888,00029,068,00029,235,00026,625,00021,754,00018,117,00013,978,00013,169,00012,106,000
total assets71,643,00066,518,00054,816,00048,983,00042,519,00042,971,00048,096,00042,936,00038,136,00037,690,00036,215,00033,571,00031,106,00025,295,00023,673,000
Bank overdraft0000000002,033,000947,0001,195,0001,938,00000
Bank loan000000000000000
Trade Creditors 3,114,0008,695,0007,119,0003,898,0003,761,0005,227,0006,291,0005,886,0007,634,0006,077,0005,183,0004,413,0004,628,0004,378,0003,531,000
Group/Directors Accounts15,010,00010,506,0005,561,0005,745,0005,819,0006,330,0009,763,0008,291,0001,992,000237,0001,082,0001,262,0001,976,000710,0001,706,000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities8,619,0006,316,0005,158,0006,044,0003,214,0003,225,0004,140,0001,654,0002,151,0003,740,0003,066,0001,893,0001,503,0001,366,000874,000
total current liabilities26,743,00025,517,00017,838,00015,687,00012,794,00014,782,00020,194,00015,831,00011,777,00012,087,00010,278,0008,763,00010,045,0006,454,0006,111,000
loans00000000002,033,0002,348,000000
hp & lease commitments000000000000000
Accruals and Deferred Income40,00040,00040,00040,00040,00038,00040,00041,0000000000
other liabilities250,00000000000000000
provisions1,378,0001,286,0001,260,000968,000912,000973,000938,000947,000728,0000264,000416,000645,000477,000289,000
total long term liabilities1,668,0001,326,0001,300,0001,008,000952,0001,011,000978,000988,000728,00002,297,0002,764,000645,000477,000289,000
total liabilities28,411,00026,843,00019,138,00016,695,00013,746,00015,793,00021,172,00016,819,00012,505,00012,087,00012,575,00011,527,00010,690,0006,931,0006,400,000
net assets43,232,00039,675,00035,678,00032,288,00028,773,00027,178,00026,924,00026,117,00025,631,00025,603,00023,640,00022,044,00020,416,00018,364,00017,273,000
total shareholders funds43,232,00039,675,00035,678,00032,288,00028,773,00027,178,00026,924,00026,117,00025,631,00025,603,00023,640,00022,044,00020,416,00018,364,00017,273,000
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit7,894,0009,932,0006,498,0004,250,0001,746,0002,912,0005,189,0004,074,0004,643,0004,360,0002,147,0002,831,0002,821,0001,508,0003,111,000
Depreciation1,490,0001,316,0001,125,0001,138,0001,012,0001,038,0001,037,000934,0002,037,0002,291,0001,856,0001,845,000745,000631,000626,000
Amortisation000000000000000
Tax-2,168,000-1,214,000-1,188,000-843,000-318,000-480,000-877,000-868,000-884,000-1,001,000-505,000-679,000-758,000-440,000-727,000
Stock1,863,0002,610,000-40,0001,961,000682,000-1,047,000707,000102,000144,000-1,481,0002,797,0002,213,000-957,000689,0004,372,000
Debtors-2,951,0002,035,000778,000-1,180,000-3,036,0002,452,0001,014,000-1,522,000-35,0002,971,000840,0001,929,0004,086,000-95,0005,867,000
Creditors-5,581,0001,576,0003,221,000137,000-1,466,000-1,064,000405,000-1,748,0001,557,000894,000770,000-215,000250,000847,0003,531,000
Accruals and Deferred Income2,303,0001,158,000-886,0002,830,000-9,000-917,0002,485,000-456,000-1,589,000674,0001,173,000390,000137,000492,000874,000
Deferred Taxes & Provisions92,00026,000292,00056,000-61,00035,000-9,000219,000728,000-264,000-152,000-229,000168,000188,000289,000
Cash flow from operations5,118,0008,149,0008,324,0006,787,0003,258,000119,0006,509,0003,575,0006,383,0005,464,0001,652,000-199,000234,0002,632,000-2,535,000
Investing Activities
capital expenditure-1,203,000-1,050,000-1,853,000-1,589,000-81,0003,507,000-473,000-3,434,000-857,000-395,000-765,000-1,897,000-1,537,000-1,190,000-12,192,000
Change in Investments5,863,0000-2,000,0002,262,0000-3,458,0004,904,0002,467,000-984,000-1,500,00098,000-1,726,0004,210,00001,000
cash flow from investments-7,066,000-1,050,000147,000-3,851,000-81,0006,965,000-5,377,000-5,901,000127,0001,105,000-863,000-171,000-5,747,000-1,190,000-12,193,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts4,504,0004,945,000-184,000-74,000-511,000-3,433,0001,472,0006,299,0001,755,000-845,000-180,000-714,0001,266,000-996,0001,706,000
Other Short Term Loans 000000000000000
Long term loans000000000-2,033,000-315,0002,348,000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities250,00000000000000000
share issue-5,000,000-5,000,00000000000000014,885,000
interest1,129,000183,00046,000107,000145,000260,000246,000280,000253,000104,000-46,000-24,000-11,00023,0004,000
cash flow from financing883,000128,000-138,00033,000-366,000-3,173,0001,718,0006,579,0002,008,000-2,774,000-541,0001,610,0001,255,000-973,00016,595,000
cash and cash equivalents
cash637,0007,323,0006,367,0002,970,0002,833,0001,473,000-901,0001,253,0002,501,0003,381,0000-3,000-2,320,000469,0001,867,000
overdraft00000000-2,033,0001,086,000-248,000-743,0001,938,00000
change in cash637,0007,323,0006,367,0002,970,0002,833,0001,473,000-901,0001,253,0004,534,0002,295,000248,000740,000-4,258,000469,0001,867,000

trackwork limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Trackwork Limited Competitor Analysis

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Perform a competitor analysis for trackwork limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in DN3 area or any other competitors across 12 key performance metrics.

trackwork limited Ownership

TRACKWORK LIMITED Shareholders

trackwork holdings ltd 100%

trackwork limited directors

Trackwork Limited currently has 2 directors. The longest serving directors include Mr Mark Waind (Oct 1997) and Mr Simon Lee (Sep 2005).

officercountryagestartendrole
Mr Mark WaindEngland64 years Oct 1997- Director
Mr Simon LeeEngland62 years Sep 2005- Director

P&L

September 2023

turnover

78.3m

0%

operating profit

7.9m

-21%

gross margin

25.5%

-0.46%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

43.2m

+0.09%

total assets

71.6m

+0.08%

cash

27.9m

+0.02%

net assets

Total assets minus all liabilities

trackwork limited company details

company number

01271067

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

July 1976

age

48

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

September 2023

previous names

trackwork group limited (June 2005)

trackwork limited (October 2002)

See more

accountant

-

auditor

HAWSONS

address

sandall lane, kirk sandall industrial estate, doncaster, DN3 1LL

Bank

YORKSHIRE BANK PLC

Legal Advisor

-

trackwork limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 11 charges/mortgages relating to trackwork limited. Currently there are 1 open charges and 10 have been satisfied in the past.

trackwork limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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trackwork limited Companies House Filings - See Documents

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