xtrac limited
xtrac limited Company Information
Company Number
01825037
Next Accounts
Jun 2026
Shareholders
xtrac group ltd
Group Structure
View All
Industry
Manufacture of bearings, gears, gearing and driving elements
Registered Address
gables way kennet park, thatcham, berkshire, RG19 4ZA
Website
www.xtrac.comxtrac limited Estimated Valuation
Pomanda estimates the enterprise value of XTRAC LIMITED at £180.7m based on a Turnover of £89.6m and 2.02x industry multiple (adjusted for size and gross margin).
xtrac limited Estimated Valuation
Pomanda estimates the enterprise value of XTRAC LIMITED at £124.5m based on an EBITDA of £8.5m and a 14.61x industry multiple (adjusted for size and gross margin).
xtrac limited Estimated Valuation
Pomanda estimates the enterprise value of XTRAC LIMITED at £240.8m based on Net Assets of £106.2m and 2.27x industry multiple (adjusted for liquidity).
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Xtrac Limited Overview
Xtrac Limited is a live company located in berkshire, RG19 4ZA with a Companies House number of 01825037. It operates in the manufacture of bearings, gears, gearing and driving elements sector, SIC Code 28150. Founded in June 1984, it's largest shareholder is xtrac group ltd with a 100% stake. Xtrac Limited is a mature, large sized company, Pomanda has estimated its turnover at £89.6m with high growth in recent years.
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Xtrac Limited Health Check
Pomanda's financial health check has awarded Xtrac Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £89.6m, make it larger than the average company (£19.5m)
£89.6m - Xtrac Limited
£19.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (12.6%)
22% - Xtrac Limited
12.6% - Industry AVG
Production
with a gross margin of 23%, this company has a comparable cost of product (23.3%)
23% - Xtrac Limited
23.3% - Industry AVG
Profitability
an operating margin of 5.9% make it as profitable than the average company (5.3%)
5.9% - Xtrac Limited
5.3% - Industry AVG
Employees
with 453 employees, this is above the industry average (81)
453 - Xtrac Limited
81 - Industry AVG
Pay Structure
on an average salary of £63.7k, the company has a higher pay structure (£50.4k)
£63.7k - Xtrac Limited
£50.4k - Industry AVG
Efficiency
resulting in sales per employee of £197.7k, this is equally as efficient (£210.5k)
£197.7k - Xtrac Limited
£210.5k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (52 days)
48 days - Xtrac Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (20 days)
55 days - Xtrac Limited
20 days - Industry AVG
Stock Days
it holds stock equivalent to 162 days, this is more than average (91 days)
162 days - Xtrac Limited
91 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - Xtrac Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.3%, this is a lower level of debt than the average (37%)
15.3% - Xtrac Limited
37% - Industry AVG
XTRAC LIMITED financials
Xtrac Limited's latest turnover from September 2024 is £89.6 million and the company has net assets of £106.2 million. According to their latest financial statements, Xtrac Limited has 453 employees and maintains cash reserves of £498 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 89,572,000 | 79,901,000 | 62,488,000 | 49,897,000 | 45,880,000 | 55,329,000 | 50,917,000 | 49,709,000 | 44,737,000 | 42,370,000 | 39,617,000 | 35,131,000 | 39,676,256 | 35,703,384 | 31,154,500 | 29,965,113 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 68,959,000 | 56,436,000 | 46,309,000 | 37,048,000 | 34,497,000 | 37,008,000 | 34,255,000 | 33,259,000 | 30,441,000 | 29,190,000 | 27,392,000 | 23,909,000 | 25,249,357 | 24,664,265 | 22,097,064 | 20,337,443 |
| Gross Profit | 20,613,000 | 23,465,000 | 16,179,000 | 12,849,000 | 11,383,000 | 18,321,000 | 16,662,000 | 16,450,000 | 14,296,000 | 13,180,000 | 12,225,000 | 11,222,000 | 14,426,899 | 11,039,119 | 9,057,436 | 9,627,670 |
| Admin Expenses | 15,351,000 | 17,211,000 | 6,892,000 | 5,056,000 | 5,728,000 | 4,134,000 | 3,689,000 | 5,280,000 | 5,001,000 | -1,877,000 | 6,260,000 | 7,599,000 | 6,327,686 | 5,691,882 | 5,398,508 | 6,727,209 |
| Operating Profit | 5,262,000 | 6,254,000 | 9,287,000 | 7,793,000 | 5,655,000 | 14,187,000 | 12,973,000 | 11,170,000 | 9,295,000 | 15,057,000 | 5,965,000 | 3,623,000 | 8,099,213 | 5,347,237 | 3,658,928 | 2,900,461 |
| Interest Payable | 66,000 | 44,000 | 30,000 | 15,000 | 5,000 | 5,000 | 5,000 | 2,000 | 1,000 | 37,000 | 6,000 | 24,652 | 66,748 | 91,101 | 90,946 | |
| Interest Receivable | 36,000 | 53,000 | 8,000 | 11,000 | 13,000 | 11,000 | 15,000 | 6,000 | 33,000 | 23,000 | 35,000 | 24,289 | 6,137 | 3,543 | 49,972 | |
| Pre-Tax Profit | 5,232,000 | 6,263,000 | 9,265,000 | 7,778,000 | 5,661,000 | 14,195,000 | 12,979,000 | 11,183,000 | 9,206,000 | 15,089,000 | 5,951,000 | 3,652,000 | 8,098,850 | 5,286,626 | 3,571,370 | 2,859,487 |
| Tax | -1,581,000 | -730,000 | -358,000 | -1,405,000 | -1,030,000 | 300,000 | -83,000 | -1,545,000 | -1,354,000 | -1,560,000 | 470,000 | 559,000 | -1,563,566 | -573,026 | -444,218 | -241,013 |
| Profit After Tax | 3,651,000 | 5,533,000 | 8,907,000 | 6,373,000 | 4,631,000 | 14,495,000 | 12,896,000 | 9,638,000 | 7,852,000 | 13,529,000 | 6,421,000 | 4,211,000 | 6,535,284 | 4,713,600 | 3,127,152 | 2,618,474 |
| Dividends Paid | 10,000,000 | 8,600,000 | 2,300,000 | 4,600,000 | 2,800,000 | 4,700,000 | ||||||||||
| Retained Profit | 3,651,000 | 5,533,000 | 8,907,000 | 6,373,000 | 4,631,000 | 14,495,000 | 12,896,000 | 9,638,000 | 7,852,000 | 3,529,000 | 6,421,000 | -4,389,000 | 4,235,284 | 113,600 | 327,152 | -2,081,526 |
| Employee Costs | 28,871,000 | 23,519,000 | 17,754,000 | 13,842,000 | 15,811,000 | 15,776,000 | 15,116,000 | 16,255,000 | 15,403,000 | 14,727,000 | 15,018,000 | 16,059,000 | 14,298,625 | 12,166,381 | 11,455,632 | 11,526,436 |
| Number Of Employees | 453 | 402 | 340 | 289 | 321 | 332 | 305 | 294 | 278 | 269 | 253 | 259 | 253 | 231 | 222 | 237 |
| EBITDA* | 8,523,000 | 9,420,000 | 12,479,000 | 10,998,000 | 8,705,000 | 16,506,000 | 14,959,000 | 12,924,000 | 11,060,000 | 16,652,000 | 7,379,000 | 4,998,000 | 9,376,287 | 6,442,436 | 4,791,429 | 4,173,886 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 22,095,000 | 21,330,000 | 21,885,000 | 22,701,000 | 23,552,000 | 23,153,000 | 17,438,000 | 11,998,000 | 11,514,000 | 11,810,000 | 10,247,000 | 9,741,000 | 10,485,354 | 9,130,396 | 8,919,561 | 9,338,485 |
| Intangible Assets | ||||||||||||||||
| Investments & Other | 1 | 1 | 1 | 1 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||||
| Total Fixed Assets | 22,095,000 | 21,330,000 | 21,885,000 | 22,701,000 | 23,552,000 | 23,153,000 | 17,438,000 | 11,998,000 | 11,514,000 | 11,810,000 | 10,247,000 | 9,741,000 | 10,485,355 | 9,130,397 | 8,919,562 | 9,338,486 |
| Stock & work in progress | 30,626,000 | 31,914,000 | 34,323,000 | 28,255,000 | 23,595,000 | 20,682,000 | 19,735,000 | 17,848,000 | 15,171,000 | 12,971,000 | 12,147,000 | 10,363,000 | 9,870,278 | 6,528,978 | 7,304,686 | 7,285,137 |
| Trade Debtors | 11,959,000 | 10,912,000 | 12,434,000 | 9,329,000 | 5,947,000 | 8,118,000 | 6,680,000 | 6,018,000 | 6,245,000 | 4,317,000 | 5,737,000 | 2,270,000 | 3,375,115 | 5,777,577 | 4,187,369 | 3,443,040 |
| Group Debtors | 56,281,000 | 45,932,000 | 37,843,000 | 33,011,000 | 16,515,000 | 23,848,000 | 19,296,000 | 14,105,000 | 9,629,000 | 5,087,000 | 8,776,000 | 8,282,000 | 2,267,047 | 4,675,757 | 3,109,409 | 5,021,799 |
| Misc Debtors | 3,835,000 | 5,256,000 | 2,987,000 | 5,073,000 | 1,791,000 | 4,423,000 | 3,856,000 | 1,251,000 | 1,154,000 | 1,977,000 | 1,477,000 | 944,000 | 733,225 | 514,553 | 362,312 | 876,654 |
| Cash | 498,000 | 2,281,000 | 1,638,000 | 3,477,000 | 17,623,000 | 6,938,000 | 1,532,000 | 4,415,000 | 2,548,000 | 1,350,000 | 3,931,000 | 2,253,000 | 4,368,644 | 1,285,015 | 585,160 | 450,164 |
| misc current assets | ||||||||||||||||
| total current assets | 103,199,000 | 96,295,000 | 89,225,000 | 79,145,000 | 65,471,000 | 64,009,000 | 51,099,000 | 43,637,000 | 34,747,000 | 25,702,000 | 32,068,000 | 24,112,000 | 20,614,309 | 18,781,880 | 15,548,936 | 17,076,794 |
| total assets | 125,294,000 | 117,625,000 | 111,110,000 | 101,846,000 | 89,023,000 | 87,162,000 | 68,537,000 | 55,635,000 | 46,261,000 | 37,512,000 | 42,315,000 | 33,853,000 | 31,099,664 | 27,912,277 | 24,468,498 | 26,415,280 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 10,566,000 | 9,869,000 | 8,702,000 | 7,634,000 | 4,985,000 | 7,886,000 | 4,315,000 | 3,766,000 | 3,800,000 | 3,386,000 | 4,550,000 | 3,357,000 | 2,786,538 | 3,750,123 | 2,638,567 | 3,032,178 |
| Group/Directors Accounts | 8,600,000 | 8,602,000 | 2,352,581 | 4,600,000 | 2,800,000 | 4,700,000 | ||||||||||
| other short term finances | ||||||||||||||||
| hp & lease commitments | 575,000 | 248,000 | 196,000 | 134,000 | 32,000 | 32,000 | 32,000 | 37,000 | 37,731 | 134,285 | 375,409 | 522,736 | ||||
| other current liabilities | 3,832,000 | 2,879,000 | 3,525,000 | 4,437,000 | 1,895,000 | 2,077,000 | 1,161,000 | 1,632,000 | 2,497,000 | 2,508,000 | 1,697,000 | 1,396,000 | 2,271,286 | 1,468,208 | 898,779 | 766,034 |
| total current liabilities | 14,973,000 | 12,996,000 | 12,423,000 | 12,205,000 | 6,912,000 | 9,995,000 | 5,508,000 | 5,435,000 | 6,297,000 | 5,894,000 | 14,847,000 | 13,355,000 | 7,448,136 | 9,952,616 | 6,712,755 | 9,020,948 |
| loans | ||||||||||||||||
| hp & lease commitments | 1,524,000 | 383,000 | 245,000 | 185,000 | 19,000 | 51,000 | 83,000 | 110,000 | 37,731 | 172,016 | 547,425 | |||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | 287,000 | |||||||||||||||
| provisions | 2,347,000 | 1,734,000 | 1,463,000 | 1,384,000 | 393,000 | 48,000 | 373,000 | 413,000 | 713,000 | 1,036,000 | 962,000 | 983,000 | 897,925 | 400,849 | 536,698 | 539,675 |
| total long term liabilities | 4,158,000 | 2,117,000 | 1,708,000 | 1,569,000 | 412,000 | 99,000 | 456,000 | 523,000 | 713,000 | 1,036,000 | 962,000 | 983,000 | 897,925 | 438,580 | 708,714 | 1,087,100 |
| total liabilities | 19,131,000 | 15,113,000 | 14,131,000 | 13,774,000 | 7,324,000 | 10,094,000 | 5,964,000 | 5,958,000 | 7,010,000 | 6,930,000 | 15,809,000 | 14,338,000 | 8,346,061 | 10,391,196 | 7,421,469 | 10,108,048 |
| net assets | 106,163,000 | 102,512,000 | 96,979,000 | 88,072,000 | 81,699,000 | 77,068,000 | 62,573,000 | 49,677,000 | 39,251,000 | 30,582,000 | 26,506,000 | 19,515,000 | 22,753,603 | 17,521,081 | 17,047,029 | 16,307,232 |
| total shareholders funds | 106,163,000 | 102,512,000 | 96,979,000 | 88,072,000 | 81,699,000 | 77,068,000 | 62,573,000 | 49,677,000 | 39,251,000 | 30,582,000 | 26,506,000 | 19,515,000 | 22,753,603 | 17,521,081 | 17,047,029 | 16,307,232 |
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 5,262,000 | 6,254,000 | 9,287,000 | 7,793,000 | 5,655,000 | 14,187,000 | 12,973,000 | 11,170,000 | 9,295,000 | 15,057,000 | 5,965,000 | 3,623,000 | 8,099,213 | 5,347,237 | 3,658,928 | 2,900,461 |
| Depreciation | 3,261,000 | 3,166,000 | 3,192,000 | 3,205,000 | 3,050,000 | 2,319,000 | 1,986,000 | 1,754,000 | 1,765,000 | 1,595,000 | 1,414,000 | 1,375,000 | 1,277,074 | 1,095,199 | 1,132,501 | 1,273,425 |
| Amortisation | ||||||||||||||||
| Tax | -1,581,000 | -730,000 | -358,000 | -1,405,000 | -1,030,000 | 300,000 | -83,000 | -1,545,000 | -1,354,000 | -1,560,000 | 470,000 | 559,000 | -1,563,566 | -573,026 | -444,218 | -241,013 |
| Stock | -1,288,000 | -2,409,000 | 6,068,000 | 4,660,000 | 2,913,000 | 947,000 | 1,887,000 | 2,677,000 | 2,200,000 | 824,000 | 1,784,000 | 492,722 | 3,341,300 | -775,708 | 19,549 | 7,285,137 |
| Debtors | 9,975,000 | 8,836,000 | 5,851,000 | 23,160,000 | -12,136,000 | 6,557,000 | 8,458,000 | 4,346,000 | 5,647,000 | -4,609,000 | 4,494,000 | 5,120,613 | -4,592,500 | 3,308,797 | -1,682,403 | 9,341,493 |
| Creditors | 697,000 | 1,167,000 | 1,068,000 | 2,649,000 | -2,901,000 | 3,571,000 | 549,000 | -34,000 | 414,000 | -1,164,000 | 1,193,000 | 570,462 | -963,585 | 1,111,556 | -393,611 | 3,032,178 |
| Accruals and Deferred Income | 953,000 | -646,000 | -912,000 | 2,542,000 | -182,000 | 916,000 | -471,000 | -865,000 | -11,000 | 811,000 | 301,000 | -875,286 | 803,078 | 569,429 | 132,745 | 766,034 |
| Deferred Taxes & Provisions | 613,000 | 271,000 | 79,000 | 991,000 | 345,000 | -325,000 | -40,000 | -300,000 | -323,000 | 74,000 | -21,000 | 85,075 | 497,076 | -135,849 | -2,977 | 539,675 |
| Cash flow from operations | 518,000 | 3,055,000 | 437,000 | -12,045,000 | 14,160,000 | 13,464,000 | 4,569,000 | 3,157,000 | 1,939,000 | 18,598,000 | 3,044,000 | -276,084 | 9,400,490 | 4,881,457 | 5,746,222 | -8,355,870 |
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | -1 | 1 | ||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | -8,600,000 | -2,000 | 6,249,419 | -2,247,419 | 1,800,000 | -1,900,000 | 4,700,000 | |||||||||
| Other Short Term Loans | ||||||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | 1,468,000 | 190,000 | 122,000 | 268,000 | -32,000 | -32,000 | -32,000 | 147,000 | -37,731 | -134,285 | -375,409 | -522,736 | 1,070,161 | |||
| other long term liabilities | 287,000 | |||||||||||||||
| share issue | ||||||||||||||||
| interest | -30,000 | 9,000 | -22,000 | -15,000 | 6,000 | 8,000 | 6,000 | 13,000 | 6,000 | 32,000 | -14,000 | 29,000 | -363 | -60,611 | -87,558 | -40,974 |
| cash flow from financing | 1,725,000 | 199,000 | 100,000 | 253,000 | -26,000 | -24,000 | -26,000 | 948,000 | 823,000 | -8,021,000 | 554,000 | 7,391,085 | -1,384,829 | 1,724,432 | -2,097,649 | 24,117,945 |
| cash and cash equivalents | ||||||||||||||||
| cash | -1,783,000 | 643,000 | -1,839,000 | -14,146,000 | 10,685,000 | 5,406,000 | -2,883,000 | 1,867,000 | 1,198,000 | -2,581,000 | 1,678,000 | -2,115,644 | 3,083,629 | 699,855 | 134,996 | 450,164 |
| overdraft | ||||||||||||||||
| change in cash | -1,783,000 | 643,000 | -1,839,000 | -14,146,000 | 10,685,000 | 5,406,000 | -2,883,000 | 1,867,000 | 1,198,000 | -2,581,000 | 1,678,000 | -2,115,644 | 3,083,629 | 699,855 | 134,996 | 450,164 |
xtrac limited Credit Report and Business Information
Xtrac Limited Competitor Analysis
Perform a competitor analysis for xtrac limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in RG19 area or any other competitors across 12 key performance metrics.
xtrac limited Ownership
XTRAC LIMITED group structure
Xtrac Limited has no subsidiary companies.
Ultimate parent company
STINGRAY TOPCO LTD
#0170157
2 parents
XTRAC LIMITED
01825037
xtrac limited directors
Xtrac Limited currently has 5 directors. The longest serving directors include Mr Adrian Moore (Jan 2002) and Mr Stephen Lane (Oct 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Moore | England | 58 years | Jan 2002 | - | Director |
| Mr Stephen Lane | England | 58 years | Oct 2011 | - | Director |
| Mr Steven Hatt | England | 41 years | Jan 2023 | - | Director |
| Mrs Kirsten Knight | England | 52 years | Jan 2023 | - | Director |
| Mr James Setter | England | 45 years | Jan 2023 | - | Director |
P&L
September 2024turnover
89.6m
+12%
operating profit
5.3m
-16%
gross margin
23.1%
-21.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
106.2m
+0.04%
total assets
125.3m
+0.07%
cash
498k
-0.78%
net assets
Total assets minus all liabilities
xtrac limited company details
company number
01825037
Type
Private limited with Share Capital
industry
28150 - Manufacture of bearings, gears, gearing and driving elements
incorporation date
June 1984
age
41
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2024
previous names
N/A
accountant
-
auditor
KPMG LLP
address
gables way kennet park, thatcham, berkshire, RG19 4ZA
Bank
HSBC BANK PLC
Legal Advisor
-
xtrac 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 8 charges/mortgages relating to xtrac limited. Currently there are 2 open charges and 6 have been satisfied in the past.
xtrac 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.
Click to start generating capital raising & share issue transactions for XTRAC LIMITED. This can take several minutes, an email will notify you when this has completed.
xtrac limited Companies House Filings - See Documents
| date | description | view/download |
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