trask tech ltd

trask tech ltd Company Information

Share TRASK TECH LTD
Live 
EstablishedMicroHealthy

Company Number

09309782

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.tech

trask tech ltd Estimated Valuation

£8.5k

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

£0

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

£0

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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £12.2k, make it smaller than the average company (£3.5m)

£12.2k - Trask Tech Ltd

£3.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.8%)

8% - Trask Tech Ltd

8.8% - Industry AVG

production

Production

with a gross margin of 41.9%, this company has a higher cost of product (72.1%)

41.9% - Trask Tech Ltd

72.1% - Industry AVG

profitability

Profitability

an operating margin of -12.9% make it less profitable than the average company (3.6%)

-12.9% - Trask Tech Ltd

3.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (32)

1 - Trask Tech Ltd

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.6k, the company has an equivalent pay structure (£67.6k)

£67.6k - Trask Tech Ltd

£67.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £12.2k, this is less efficient (£113.9k)

£12.2k - Trask Tech Ltd

£113.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 8 days, this is earlier than average (60 days)

8 days - Trask Tech Ltd

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4981 days, this is slower than average (44 days)

4981 days - Trask Tech Ltd

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Trask Tech Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Trask Tech Ltd

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Turnover12,19110,31312,1689,70658,7389,4358,90824,3775,998
Other Income Or Grants000000000
Cost Of Sales7,0875,8836,8725,55134,8375,5955,04513,8463,335
Gross Profit5,1044,4315,2964,15623,9023,8403,86310,5312,663
Admin Expenses6,6797,9179,0965,62725,58111,54547,08132,85513,254
Operating Profit-1,575-3,486-3,800-1,471-1,679-7,705-43,218-22,324-10,591
Interest Payable000000000
Interest Receivable000000000
Pre-Tax Profit-1,575-3,486-3,800-1,471-1,679-7,705-43,218-22,324-10,591
Tax000000000
Profit After Tax-1,575-3,486-3,800-1,471-1,679-7,705-43,218-22,324-10,591
Dividends Paid000000000
Retained Profit-1,575-3,486-3,800-1,471-1,679-7,705-43,218-22,324-10,591
Employee Costs67,64762,97058,52356,598116,99458,59957,16654,61053,449
Number Of Employees111121111
EBITDA*-1,575-3,486-3,800-1,471-1,679-7,705-43,218-22,324-10,591

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Tangible Assets6001,1501,6991112226381,0483,2812,212
Intangible Assets000000000
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets6001,1501,6991112226381,0483,2812,212
Stock & work in progress000000000
Trade Debtors2821825461101971322056,4671,386
Group Debtors000000000
Misc Debtors000000000
Cash000000000
misc current assets000000000
total current assets2821825461101971322056,4671,386
total assets8821,3322,2452214197701,2539,7483,598
Bank overdraft000000000
Bank loan000000000
Trade Creditors 96,73195,60693,03387,20985,93684,60877,01942,29613,822
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities000000000
total current liabilities96,73195,60693,03387,20985,93684,60877,01942,29613,822
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000367367367
other liabilities000000000
provisions000000000
total long term liabilities000000367367367
total liabilities96,73195,60693,03387,20985,93684,60877,38642,66314,189
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 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Operating Activities
Operating Profit-1,575-3,486-3,800-1,471-1,679-7,705-43,218-22,324-10,591
Depreciation000000000
Amortisation000000000
Tax000000000
Stock000000000
Debtors100-364436-8765-73-6,2625,0811,386
Creditors1,1252,5735,8241,2731,3287,58934,72328,47413,822
Accruals and Deferred Income00000-36700367
Deferred Taxes & Provisions000000000
Cash flow from operations-550-5491,588-111-416-410-2,2331,0692,212
Investing Activities
capital expenditure550549-1,5881114164102,233-1,069-2,212
Change in Investments000000000
cash flow from investments550549-1,5881114164102,233-1,069-2,212
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue000000000
interest000000000
cash flow from financing000000000
cash and cash equivalents
cash000000000
overdraft000000000
change in cash000000000

trask tech ltd 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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Trask Tech Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

jason robert trask 100%

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).

officercountryagestartendrole
Mr Jason TraskEngland41 years Nov 2014- Director
Miss Victoria HatchUnited Kingdom45 years Nov 2017- Director

P&L

November 2023

turnover

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 2023

net 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

None

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

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