trask tech ltd Company Information
Company Number
09309782
Next Accounts
Aug 2025
Industry
Business and domestic software development
Shareholders
jason robert trask
Group Structure
View All
Contact
Registered Address
safe haven fore street, morchard bishop, crediton, EX17 6NX
Website
trask.techtrask tech ltd Estimated Valuation
Pomanda estimates the enterprise value of TRASK TECH LTD at £8.5k based on a Turnover of £12.2k and 0.7x industry multiple (adjusted for size and gross margin).
trask tech ltd Estimated Valuation
Pomanda estimates the enterprise value of TRASK TECH LTD at £0 based on an EBITDA of £-1.6k and a 4.17x industry multiple (adjusted for size and gross margin).
trask tech ltd Estimated Valuation
Pomanda estimates the enterprise value of TRASK TECH LTD at £0 based on Net Assets of £-95.8k and 2.37x industry multiple (adjusted for liquidity).
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Trask Tech Ltd Overview
Trask Tech Ltd is a live company located in crediton, EX17 6NX with a Companies House number of 09309782. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2014, it's largest shareholder is jason robert trask with a 100% stake. Trask Tech Ltd is a established, micro sized company, Pomanda has estimated its turnover at £12.2k with healthy growth in recent years.
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Trask Tech Ltd Health Check
Pomanda's financial health check has awarded Trask Tech Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £12.2k, make it smaller than the average company (£3.5m)
- Trask Tech Ltd
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.8%)
- Trask Tech Ltd
8.8% - Industry AVG
Production
with a gross margin of 41.9%, this company has a higher cost of product (72.1%)
- Trask Tech Ltd
72.1% - Industry AVG
Profitability
an operating margin of -12.9% make it less profitable than the average company (3.6%)
- Trask Tech Ltd
3.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (32)
- Trask Tech Ltd
32 - Industry AVG
Pay Structure
on an average salary of £67.6k, the company has an equivalent pay structure (£67.6k)
- Trask Tech Ltd
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £12.2k, this is less efficient (£113.9k)
- Trask Tech Ltd
£113.9k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (60 days)
- Trask Tech Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 4981 days, this is slower than average (44 days)
- Trask Tech Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trask Tech Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Trask Tech Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10967.2%, this is a higher level of debt than the average (60.8%)
10967.2% - Trask Tech Ltd
60.8% - Industry AVG
TRASK TECH LTD financials
Trask Tech Ltd's latest turnover from November 2023 is estimated at £12.2 thousand and the company has net assets of -£95.8 thousand. According to their latest financial statements, we estimate that Trask Tech Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||
Other Income Or Grants | |||||||||
Cost Of Sales | |||||||||
Gross Profit | |||||||||
Admin Expenses | |||||||||
Operating Profit | |||||||||
Interest Payable | |||||||||
Interest Receivable | |||||||||
Pre-Tax Profit | |||||||||
Tax | |||||||||
Profit After Tax | |||||||||
Dividends Paid | |||||||||
Retained Profit | |||||||||
Employee Costs | |||||||||
Number Of Employees | 2 | ||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 600 | 1,150 | 1,699 | 111 | 222 | 638 | 1,048 | 3,281 | 2,212 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 600 | 1,150 | 1,699 | 111 | 222 | 638 | 1,048 | 3,281 | 2,212 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 282 | 182 | 546 | 110 | 197 | 132 | 205 | 6,467 | 1,386 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 282 | 182 | 546 | 110 | 197 | 132 | 205 | 6,467 | 1,386 |
total assets | 882 | 1,332 | 2,245 | 221 | 419 | 770 | 1,253 | 9,748 | 3,598 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 96,731 | 95,606 | 93,033 | 87,209 | 85,936 | 84,608 | 77,019 | 42,296 | 13,822 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 96,731 | 95,606 | 93,033 | 87,209 | 85,936 | 84,608 | 77,019 | 42,296 | 13,822 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 367 | 367 | 367 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 367 | 367 | 367 |
total liabilities | 96,731 | 95,606 | 93,033 | 87,209 | 85,936 | 84,608 | 77,386 | 42,663 | 14,189 |
net assets | -95,849 | -94,274 | -90,788 | -86,988 | -85,517 | -83,838 | -76,133 | -32,915 | -10,591 |
total shareholders funds | -95,849 | -94,274 | -90,788 | -86,988 | -85,517 | -83,838 | -76,133 | -32,915 | -10,591 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | |||||||||
Amortisation | |||||||||
Tax | |||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 100 | -364 | 436 | -87 | 65 | -73 | -6,262 | 5,081 | 1,386 |
Creditors | 1,125 | 2,573 | 5,824 | 1,273 | 1,328 | 7,589 | 34,723 | 28,474 | 13,822 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -367 | 0 | 0 | 367 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
trask tech ltd Credit Report and Business Information
Trask Tech Ltd Competitor Analysis
Perform a competitor analysis for trask tech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EX17 area or any other competitors across 12 key performance metrics.
trask tech ltd Ownership
TRASK TECH LTD group structure
Trask Tech Ltd has no subsidiary companies.
Ultimate parent company
TRASK TECH LTD
09309782
trask tech ltd directors
Trask Tech Ltd currently has 2 directors. The longest serving directors include Mr Jason Trask (Nov 2014) and Miss Victoria Hatch (Nov 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jason Trask | England | 41 years | Nov 2014 | - | Director |
Miss Victoria Hatch | United Kingdom | 45 years | Nov 2017 | - | Director |
P&L
November 2023turnover
12.2k
+18%
operating profit
-1.6k
0%
gross margin
41.9%
-2.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-95.8k
+0.02%
total assets
882
-0.34%
cash
0
0%
net assets
Total assets minus all liabilities
trask tech ltd company details
company number
09309782
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
safe haven fore street, morchard bishop, crediton, EX17 6NX
Bank
-
Legal Advisor
-
trask tech 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 did not find charges/mortgages relating to trask tech ltd.
trask tech 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.
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trask tech ltd Companies House Filings - See Documents
date | description | view/download |
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