track training ltd
track training ltd Company Information
Company Number
05833654
Next Accounts
Apr 2025
Shareholders
gower college swansea
huw jones
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
+1Registered Address
gower college swansea, tycoch road, swansea, swansea, SA2 9EB
Website
www.tracktraining.co.uktrack training ltd Estimated Valuation
Pomanda estimates the enterprise value of TRACK TRAINING LTD at £612.6k based on a Turnover of £764.5k and 0.8x industry multiple (adjusted for size and gross margin).
track training ltd Estimated Valuation
Pomanda estimates the enterprise value of TRACK TRAINING LTD at £327.1k based on an EBITDA of £58.8k and a 5.57x industry multiple (adjusted for size and gross margin).
track training ltd Estimated Valuation
Pomanda estimates the enterprise value of TRACK TRAINING LTD at £21.3k based on Net Assets of £8.5k and 2.5x industry multiple (adjusted for liquidity).
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Track Training Ltd Overview
Track Training Ltd is a dissolved company that was located in swansea, SA2 9EB with a Companies House number of 05833654. It operated in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2006, it's largest shareholder was gower college swansea with a 80% stake. The last turnover for Track Training Ltd was estimated at £764.5k.
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Track Training Ltd Health Check
Pomanda's financial health check has awarded Track Training Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £764.5k, make it larger than the average company (£447.1k)
£764.5k - Track Training Ltd
£447.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (3.1%)
-25% - Track Training Ltd
3.1% - Industry AVG
Production
with a gross margin of 97.5%, this company has a lower cost of product (58.1%)
97.5% - Track Training Ltd
58.1% - Industry AVG
Profitability
an operating margin of 7.4% make it as profitable than the average company (7.4%)
7.4% - Track Training Ltd
7.4% - Industry AVG
Employees
with 18 employees, this is above the industry average (9)
18 - Track Training Ltd
9 - Industry AVG
Pay Structure
on an average salary of £31.2k, the company has an equivalent pay structure (£37.3k)
£31.2k - Track Training Ltd
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £42.5k, this is less efficient (£81k)
£42.5k - Track Training Ltd
£81k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (46 days)
0 days - Track Training Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (28 days)
40 days - Track Training Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Track Training Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is less cash available to meet short term requirements (75 weeks)
19 weeks - Track Training Ltd
75 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.3%, this is a higher level of debt than the average (41.8%)
78.3% - Track Training Ltd
41.8% - Industry AVG
TRACK TRAINING LTD financials
Track Training Ltd's latest turnover from July 2022 is £764.5 thousand and the company has net assets of £8.5 thousand. According to their latest financial statements, Track Training Ltd has 18 employees and maintains cash reserves of £11.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 764,465 | 1,204,091 | 1,422,128 | 1,801,960 | 2,189,191 | 2,115,427 | 2,671,098 | ||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 18,900 | 35,261 | 86,939 | 193,851 | 256,399 | 182,306 | 329,422 | ||||||
| Gross Profit | 745,565 | 1,168,830 | 1,335,189 | 1,608,109 | 1,932,792 | 1,933,121 | 2,341,676 | ||||||
| Admin Expenses | 689,275 | 835,631 | 1,388,415 | 1,944,499 | 2,291,040 | 1,923,409 | 2,337,210 | ||||||
| Operating Profit | 56,290 | 333,199 | -53,226 | -336,390 | -358,248 | 9,712 | 4,466 | ||||||
| Interest Payable | 11,824 | 18,202 | 20,029 | 4,834 | 70,211 | 9,386 | 9,664 | ||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 44,466 | 314,997 | -73,255 | -341,224 | -428,459 | 326 | -5,198 | ||||||
| Tax | 374 | 1,398 | 2,648 | -2,236 | -6,000 | ||||||||
| Profit After Tax | 44,466 | 315,371 | -71,857 | -341,224 | -425,811 | -1,910 | -11,198 | ||||||
| Dividends Paid | |||||||||||||
| Retained Profit | 44,466 | 315,371 | -71,857 | -341,224 | -425,811 | -1,910 | -11,198 | ||||||
| Employee Costs | 561,793 | 614,430 | 1,015,089 | 1,420,086 | 1,310,948 | 1,267,794 | 1,482,864 | ||||||
| Number Of Employees | 18 | 18 | 26 | 31 | 38 | 82 | 74 | ||||||
| EBITDA* | 58,773 | 348,010 | -32,293 | -304,265 | -340,621 | 21,956 | 35,216 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,439 | 19,050 | 36,795 | 25,082 | 30,773 | 16,743 | 35,006 | 71,305 | 69,542 | 69,505 | 33,442 | 54,136 | |
| Intangible Assets | 226 | 4,175 | 11,242 | ||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 3,665 | 23,225 | 48,037 | 25,082 | 30,773 | 16,743 | 35,006 | 71,305 | 69,542 | 69,505 | 33,442 | 54,136 | |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 486 | 13,647 | 6,797 | 185,833 | 230,072 | 820,195 | 789,244 | 634,150 | 816,400 | 853,929 | 574,679 | 418,380 | 181,086 |
| Group Debtors | 27,446 | 378,695 | 212,516 | 358,705 | 163,669 | 98,574 | |||||||
| Misc Debtors | 24,402 | 18,335 | 191,378 | 53,264 | 106,323 | 95,530 | 205,030 | 10,987 | 40,018 | ||||
| Cash | 11,371 | 25 | 2 | 25 | 1,249 | 579 | 25 | 276 | 3,195 | 38,823 | 1,924 | ||
| misc current assets | |||||||||||||
| total current assets | 39,303 | 416,769 | 237,650 | 377,236 | 642,041 | 1,091,436 | 983,927 | 839,180 | 816,425 | 854,205 | 577,874 | 468,190 | 223,028 |
| total assets | 39,303 | 420,434 | 260,875 | 425,273 | 667,123 | 1,122,209 | 1,000,670 | 874,186 | 887,730 | 923,747 | 647,379 | 501,632 | 277,164 |
| Bank overdraft | 215,223 | 219,549 | 301,559 | 35,420 | 194,662 | 164,140 | 109,353 | ||||||
| Bank loan | |||||||||||||
| Trade Creditors | 2,087 | 16,816 | 9,391 | 57,836 | 59,276 | 119,016 | 55,592 | 68,376 | 441,619 | 454,154 | 318,232 | 214,914 | 422,674 |
| Group/Directors Accounts | 283,533 | 139,433 | 47,987 | ||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | 1,355 | 4,205 | 4,529 | 3,536 | 5,690 | ||||||||
| other current liabilities | 28,689 | 59,484 | 211,951 | 180,197 | 217,159 | 172,524 | 243,459 | 189,454 | |||||
| total current liabilities | 30,776 | 292,878 | 445,096 | 544,121 | 598,924 | 625,635 | 511,178 | 372,873 | 441,619 | 454,154 | 318,232 | 214,914 | 422,674 |
| loans | 163,495 | 163,359 | |||||||||||
| hp & lease commitments | 3,730 | 6,626 | 6,428 | 8,992 | 623 | ||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 153,979 | 27,295 | 110,434 | 40,040 | 27,443 | 54,988 | |||||||
| provisions | 1,966 | 412 | 804 | ||||||||||
| total long term liabilities | 163,495 | 167,089 | 160,605 | 6,428 | 8,992 | 623 | 29,261 | 110,846 | 40,844 | 27,443 | 54,988 | ||
| total liabilities | 30,776 | 456,373 | 612,185 | 704,726 | 605,352 | 634,627 | 511,178 | 373,496 | 470,880 | 565,000 | 359,076 | 242,357 | 477,662 |
| net assets | 8,527 | -35,939 | -351,310 | -279,453 | 61,771 | 487,582 | 489,492 | 500,690 | 416,850 | 358,747 | 288,303 | 259,275 | -200,498 |
| total shareholders funds | 8,527 | -35,939 | -351,310 | -279,453 | 61,771 | 487,582 | 489,492 | 500,690 | 416,850 | 358,747 | 288,303 | 259,275 | -200,498 |
| Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 56,290 | 333,199 | -53,226 | -336,390 | -358,248 | 9,712 | 4,466 | ||||||
| Depreciation | 2,257 | 10,862 | 20,933 | 32,125 | 17,627 | 12,244 | 30,750 | 31,360 | 36,686 | 32,302 | 30,836 | 22,893 | |
| Amortisation | 226 | 3,949 | |||||||||||
| Tax | 374 | 1,398 | 2,648 | -2,236 | -6,000 | ||||||||
| Stock | |||||||||||||
| Debtors | -388,812 | 179,096 | -139,563 | -264,830 | -448,146 | 106,839 | 144,168 | 22,780 | -37,529 | 279,250 | 145,312 | 208,263 | 221,104 |
| Creditors | -14,729 | 7,425 | -48,445 | -1,440 | -59,740 | 63,424 | -12,784 | -373,243 | -12,535 | 135,922 | 103,318 | -207,760 | 422,674 |
| Accruals and Deferred Income | -30,795 | -152,467 | 31,754 | -36,962 | 44,635 | -70,935 | 54,005 | 189,454 | |||||
| Deferred Taxes & Provisions | -1,966 | 1,554 | -392 | 804 | |||||||||
| Cash flow from operations | 402,061 | 24,246 | 91,977 | -77,837 | 95,068 | -94,630 | -73,731 | ||||||
| Investing Activities | |||||||||||||
| capital expenditure | -6,466 | -13,311 | 123,183 | 32,161 | |||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | -6,466 | -13,311 | 123,183 | 32,161 | |||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -283,533 | 144,100 | 91,446 | 47,987 | |||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -163,495 | 136 | 163,359 | ||||||||||
| Hire Purchase and Lease Commitments | -1,355 | -6,580 | -3,220 | 1,191 | 972 | 8,992 | -6,313 | 6,313 | |||||
| other long term liabilities | -153,979 | 153,979 | -27,295 | -83,139 | 70,394 | 12,597 | -27,545 | 54,988 | |||||
| share issue | |||||||||||||
| interest | -11,824 | -18,202 | -20,029 | -4,834 | -70,211 | -9,386 | -9,664 | ||||||
| cash flow from financing | -176,674 | -24,646 | -13,869 | -133,197 | 74,861 | 91,052 | 32,010 | ||||||
| cash and cash equivalents | |||||||||||||
| cash | 11,346 | 23 | -23 | 25 | -1,249 | 670 | 579 | -25 | -251 | -2,919 | -35,628 | 36,899 | 1,924 |
| overdraft | -215,223 | -4,326 | -82,010 | 266,139 | -159,242 | 30,522 | 54,787 | 109,353 | |||||
| change in cash | 226,569 | 4,349 | 81,987 | -266,114 | 157,993 | -29,852 | -54,208 | -109,378 | -251 | -2,919 | -35,628 | 36,899 | 1,924 |
track training ltd Credit Report and Business Information
Track Training Ltd Competitor Analysis
Perform a competitor analysis for track training ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SA2 area or any other competitors across 12 key performance metrics.
track training ltd Ownership
TRACK TRAINING LTD group structure
Track Training Ltd has no subsidiary companies.
Ultimate parent company
GOWER COLLEGE SWANSEA
#0094105
1 parent
TRACK TRAINING LTD
05833654
track training ltd directors
Track Training Ltd currently has 3 directors. The longest serving directors include Mr Mark Jones (Sep 2015) and Mr Paul Kift (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Jones | 63 years | Sep 2015 | - | Director | |
| Mr Paul Kift | Wales | 43 years | Dec 2017 | - | Director |
| Mr Michael Glover | Wales | 53 years | Aug 2018 | - | Director |
P&L
July 2022turnover
764.5k
-37%
operating profit
56.3k
-83%
gross margin
97.6%
+0.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2022net assets
8.5k
-1.24%
total assets
39.3k
-0.91%
cash
11.4k
+453.84%
net assets
Total assets minus all liabilities
track training ltd company details
company number
05833654
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
85590 - Other education n.e.c.
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2022
previous names
N/A
accountant
-
auditor
MAZARS LLP
address
gower college swansea, tycoch road, swansea, swansea, SA2 9EB
Bank
-
Legal Advisor
-
track training ltd 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 1 charges/mortgages relating to track training ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
track training ltd 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 TRACK TRAINING LTD. This can take several minutes, an email will notify you when this has completed.
track training ltd Companies House Filings - See Documents
| date | description | view/download |
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