trek kit (hereford) limited Company Information
Company Number
05668115
Next Accounts
Sep 2025
Industry
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
Shareholders
trek kit holdings limited
Group Structure
View All
Contact
Registered Address
51 eign gate, hereford, HR4 0AB
Website
www.trekitt.co.uktrek kit (hereford) limited Estimated Valuation
Pomanda estimates the enterprise value of TREK KIT (HEREFORD) LIMITED at £4m based on a Turnover of £9.6m and 0.41x industry multiple (adjusted for size and gross margin).
trek kit (hereford) limited Estimated Valuation
Pomanda estimates the enterprise value of TREK KIT (HEREFORD) LIMITED at £0 based on an EBITDA of £-158.9k and a 3.83x industry multiple (adjusted for size and gross margin).
trek kit (hereford) limited Estimated Valuation
Pomanda estimates the enterprise value of TREK KIT (HEREFORD) LIMITED at £6.3m based on Net Assets of £2.3m and 2.76x industry multiple (adjusted for liquidity).
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Trek Kit (hereford) Limited Overview
Trek Kit (hereford) Limited is a live company located in hereford, HR4 0AB with a Companies House number of 05668115. It operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in January 2006, it's largest shareholder is trek kit holdings limited with a 100% stake. Trek Kit (hereford) Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.6m with rapid growth in recent years.
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Trek Kit (hereford) Limited Health Check
Pomanda's financial health check has awarded Trek Kit (Hereford) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £9.6m, make it in line with the average company (£9.9m)
£9.6m - Trek Kit (hereford) Limited
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (7.6%)
- Trek Kit (hereford) Limited
7.6% - Industry AVG
Production
with a gross margin of 32.9%, this company has a higher cost of product (42.8%)
32.9% - Trek Kit (hereford) Limited
42.8% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (4.6%)
-2.1% - Trek Kit (hereford) Limited
4.6% - Industry AVG
Employees
with 35 employees, this is below the industry average (45)
35 - Trek Kit (hereford) Limited
45 - Industry AVG
Pay Structure
on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)
- Trek Kit (hereford) Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £274.9k, this is more efficient (£167.2k)
£274.9k - Trek Kit (hereford) Limited
£167.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (14 days)
0 days - Trek Kit (hereford) Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (39 days)
55 days - Trek Kit (hereford) Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 295 days, this is more than average (98 days)
295 days - Trek Kit (hereford) Limited
98 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (20 weeks)
15 weeks - Trek Kit (hereford) Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.6%, this is a higher level of debt than the average (57.4%)
69.6% - Trek Kit (hereford) Limited
57.4% - Industry AVG
TREK KIT (HEREFORD) LIMITED financials
Trek Kit (Hereford) Limited's latest turnover from December 2023 is £9.6 million and the company has net assets of £2.3 million. According to their latest financial statements, Trek Kit (Hereford) Limited has 35 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 9,620,202 | 10,679,683 | 6,472,514 | ||||||||||||
Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
Cost Of Sales | 6,459,756 | 7,162,129 | 3,940,377 | ||||||||||||
Gross Profit | 3,160,446 | 3,517,554 | 2,532,137 | ||||||||||||
Admin Expenses | 3,363,837 | 3,059,376 | 1,512,169 | ||||||||||||
Operating Profit | -203,391 | 458,178 | 1,019,968 | ||||||||||||
Interest Payable | 0 | 0 | 3,903 | ||||||||||||
Interest Receivable | 1,762 | 0 | 0 | ||||||||||||
Pre-Tax Profit | -201,629 | 458,178 | 1,016,065 | ||||||||||||
Tax | 39,008 | -85,597 | -208,600 | ||||||||||||
Profit After Tax | -162,621 | 372,581 | 807,465 | ||||||||||||
Dividends Paid | 0 | 0 | 0 | ||||||||||||
Retained Profit | -162,621 | 372,581 | 807,465 | ||||||||||||
Employee Costs | 669,764 | ||||||||||||||
Number Of Employees | 35 | 37 | 36 | 32 | 30 | 28 | 23 | 21 | 16 | ||||||
EBITDA* | -158,940 | 534,606 | 1,042,892 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 557,946 | 580,555 | 616,921 | 545,715 | 543,479 | 556,938 | 568,136 | 540,484 | 533,968 | 508,661 | 509,271 | 496,949 | 490,771 | 491,228 | 493,658 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 557,946 | 580,555 | 616,921 | 545,715 | 543,479 | 556,938 | 568,136 | 540,484 | 533,968 | 508,661 | 509,271 | 496,949 | 490,771 | 491,228 | 493,658 |
Stock & work in progress | 5,231,740 | 5,615,057 | 4,481,358 | 2,555,575 | 1,515,183 | 1,527,109 | 1,330,350 | 1,015,953 | 669,799 | 458,580 | 302,568 | 352,900 | 297,631 | 236,508 | 190,456 |
Trade Debtors | 7,113 | 44,211 | 43,509 | 31,610 | 1,496 | 10,683 | 12,822 | 5,016 | 0 | 12,336 | 4,409 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 103,261 | 62,627 | 30,984 | 90,796 | 22,949 | 23,374 | 22,444 | 23,006 | 17,031 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,578,052 | 805,325 | 876,366 | 510,025 | 91,591 | 16,530 | 99,255 | 81,429 | 24,434 | 29,336 | 22,852 | 8,469 | 5,266 | 23,653 | 12,328 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 6,920,166 | 6,527,220 | 5,433,417 | 3,188,006 | 1,631,219 | 1,577,696 | 1,464,871 | 1,125,404 | 711,264 | 500,252 | 329,829 | 361,369 | 302,897 | 260,161 | 202,784 |
total assets | 7,478,112 | 7,107,775 | 6,050,338 | 3,733,721 | 2,174,698 | 2,134,634 | 2,033,007 | 1,665,888 | 1,245,232 | 1,008,913 | 839,100 | 858,318 | 793,668 | 751,389 | 696,442 |
Bank overdraft | 0 | 0 | 0 | 79,845 | 72,529 | 140,158 | 104,382 | 158,311 | 0 | 0 | 78,799 | 43,671 | 33,504 | 33,003 | 37,248 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 978,492 | 2,647,545 | 2,563,958 | 1,552,400 | 531,521 | 638,280 | 810,252 | 552,871 | 662,485 | 484,267 | 239,147 | 249,297 | 235,997 | 215,073 | 174,057 |
Group/Directors Accounts | 3,427,207 | 1,390,540 | 811,657 | 0 | 5,919 | 37,460 | 16,110 | 16,871 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 744 | 4,272 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 782,983 | 611,712 | 582,826 | 386,366 | 307,739 | 364,738 | 302,063 | 151,504 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 5,188,682 | 4,649,797 | 3,958,441 | 2,018,611 | 918,452 | 1,184,908 | 1,236,807 | 879,557 | 662,485 | 484,267 | 317,946 | 292,968 | 269,501 | 248,076 | 211,305 |
loans | 0 | 0 | 0 | 448,978 | 580,241 | 289,623 | 365,568 | 543,209 | 0 | 0 | 311,145 | 345,754 | 296,111 | 309,743 | 326,806 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 744 | 4,666 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 397,949 | 342,233 | 1 | 0 | 0 | 0 | 0 |
provisions | 17,473 | 23,400 | 29,900 | 11,600 | 10,600 | 12,600 | 14,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 17,473 | 23,400 | 29,900 | 460,578 | 590,841 | 302,967 | 384,434 | 543,209 | 397,949 | 342,233 | 311,146 | 345,754 | 296,111 | 309,743 | 326,806 |
total liabilities | 5,206,155 | 4,673,197 | 3,988,341 | 2,479,189 | 1,509,293 | 1,487,875 | 1,621,241 | 1,422,766 | 1,060,434 | 826,500 | 629,092 | 638,722 | 565,612 | 557,819 | 538,111 |
net assets | 2,271,957 | 2,434,578 | 2,061,997 | 1,254,532 | 665,405 | 646,759 | 411,766 | 243,122 | 184,798 | 182,413 | 210,008 | 219,596 | 228,056 | 193,570 | 158,331 |
total shareholders funds | 2,271,957 | 2,434,578 | 2,061,997 | 1,254,532 | 665,405 | 646,759 | 411,766 | 243,122 | 184,798 | 182,413 | 210,008 | 219,596 | 228,056 | 193,570 | 158,331 |
Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -203,391 | 458,178 | 1,019,968 | ||||||||||||
Depreciation | 44,451 | 76,428 | 22,924 | 23,238 | 21,545 | 12,424 | 12,893 | 17,590 | 13,665 | 10,896 | 10,000 | 6,992 | 3,814 | 5,085 | 5,895 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 39,008 | -85,597 | -208,600 | ||||||||||||
Stock | -383,317 | 1,133,699 | 2,966,175 | 1,040,392 | -11,926 | 196,759 | 314,397 | 346,154 | 211,219 | 156,012 | -50,332 | 55,269 | 61,123 | 46,052 | 190,456 |
Debtors | 3,536 | 31,145 | 51,248 | 97,961 | -9,612 | -1,209 | 7,244 | 10,991 | 4,695 | 7,927 | 4,409 | 0 | 0 | 0 | 0 |
Creditors | -1,669,053 | 83,587 | 2,032,437 | 1,020,879 | -106,759 | -171,972 | 257,381 | -109,614 | 178,218 | 245,120 | -10,150 | 13,300 | 20,924 | 41,016 | 174,057 |
Accruals and Deferred Income | 171,271 | 28,886 | 275,087 | 78,627 | -56,999 | 62,675 | 150,559 | 151,504 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -5,927 | -6,500 | 19,300 | 1,000 | -2,000 | -1,600 | 14,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -1,243,860 | -609,862 | 143,693 | ||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | 0 | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | ||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 2,036,667 | 578,883 | 805,738 | -5,919 | -31,541 | 21,350 | -761 | 16,871 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | -580,241 | -131,263 | 290,618 | -75,945 | -177,641 | 543,209 | 0 | -311,145 | -34,609 | 49,643 | -13,632 | -17,063 | 326,806 |
Hire Purchase and Lease Commitments | 0 | 0 | -744 | -744 | -4,272 | -3,650 | 8,666 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -397,949 | 55,716 | 342,232 | 1 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 1,762 | 0 | -3,903 | ||||||||||||
cash flow from financing | 2,038,429 | 578,883 | 809,977 | ||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 772,727 | -71,041 | 784,775 | 418,434 | 75,061 | -82,725 | 17,826 | 56,995 | -4,902 | 6,484 | 14,383 | 3,203 | -18,387 | 11,325 | 12,328 |
overdraft | 0 | 0 | -72,529 | 7,316 | -67,629 | 35,776 | -53,929 | 158,311 | 0 | -78,799 | 35,128 | 10,167 | 501 | -4,245 | 37,248 |
change in cash | 772,727 | -71,041 | 857,304 | 411,118 | 142,690 | -118,501 | 71,755 | -101,316 | -4,902 | 85,283 | -20,745 | -6,964 | -18,888 | 15,570 | -24,920 |
trek kit (hereford) limited Credit Report and Business Information
Trek Kit (hereford) Limited Competitor Analysis
Perform a competitor analysis for trek kit (hereford) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in HR4 area or any other competitors across 12 key performance metrics.
trek kit (hereford) limited Ownership
TREK KIT (HEREFORD) LIMITED group structure
Trek Kit (Hereford) Limited has no subsidiary companies.
Ultimate parent company
FRILUFTS RETAIL EUROPE AB
#0149681
2 parents
TREK KIT (HEREFORD) LIMITED
05668115
trek kit (hereford) limited directors
Trek Kit (Hereford) Limited currently has 3 directors. The longest serving directors include Mr David Cassidy (Jan 2017) and Mr Jan Lindberg (Aug 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Cassidy | United Kingdom | 43 years | Jan 2017 | - | Director |
Mr Jan Lindberg | Sweden | 61 years | Aug 2021 | - | Director |
Mr Rolf Hoffman | United Kingdom | 46 years | Aug 2021 | - | Director |
P&L
December 2023turnover
9.6m
-10%
operating profit
-203.4k
-144%
gross margin
32.9%
-0.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.3m
-0.07%
total assets
7.5m
+0.05%
cash
1.6m
+0.96%
net assets
Total assets minus all liabilities
trek kit (hereford) limited company details
company number
05668115
Type
Private limited with Share Capital
industry
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
incorporation date
January 2006
age
19
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RJ FRANCIS & CO LIMITED
address
51 eign gate, hereford, HR4 0AB
Bank
-
Legal Advisor
-
trek kit (hereford) 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 3 charges/mortgages relating to trek kit (hereford) limited. Currently there are 0 open charges and 3 have been satisfied in the past.
trek kit (hereford) 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 TREK KIT (HEREFORD) LIMITED. This can take several minutes, an email will notify you when this has completed.
trek kit (hereford) limited Companies House Filings - See Documents
date | description | view/download |
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