flitetrak limited
flitetrak limited Company Information
Company Number
10622705
Website
flitetrak.comRegistered Address
unit 9 28 plantation road, amersham, buckinghamshire, HP6 6HD
Industry
Manufacture of air and spacecraft and related machinery
Telephone
01494432444
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
trevor lea 20%
colin davis 20%
View Allflitetrak limited Estimated Valuation
Pomanda estimates the enterprise value of FLITETRAK LIMITED at £315.2k based on a Turnover of £504.2k and 0.63x industry multiple (adjusted for size and gross margin).
flitetrak limited Estimated Valuation
Pomanda estimates the enterprise value of FLITETRAK LIMITED at £18.1k based on an EBITDA of £3.7k and a 4.95x industry multiple (adjusted for size and gross margin).
flitetrak limited Estimated Valuation
Pomanda estimates the enterprise value of FLITETRAK LIMITED at £0 based on Net Assets of £-474.7k and 2.68x industry multiple (adjusted for liquidity).
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Flitetrak Limited Overview
Flitetrak Limited is a live company located in buckinghamshire, HP6 6HD with a Companies House number of 10622705. It operates in the manufacture of air and spacecraft and related machinery sector, SIC Code 30300. Founded in February 2017, it's largest shareholder is trevor lea with a 20% stake. Flitetrak Limited is a young, small sized company, Pomanda has estimated its turnover at £504.2k with rapid growth in recent years.
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Flitetrak Limited Health Check
Pomanda's financial health check has awarded Flitetrak Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £504.2k, make it smaller than the average company (£28.6m)
- Flitetrak Limited
£28.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 134%, show it is growing at a faster rate (-2.3%)
- Flitetrak Limited
-2.3% - Industry AVG
Production
with a gross margin of 24.3%, this company has a comparable cost of product (24.3%)
- Flitetrak Limited
24.3% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (5.1%)
- Flitetrak Limited
5.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (140)
5 - Flitetrak Limited
140 - Industry AVG
Pay Structure
on an average salary of £52.5k, the company has an equivalent pay structure (£52.5k)
- Flitetrak Limited
£52.5k - Industry AVG
Efficiency
resulting in sales per employee of £100.8k, this is less efficient (£186.8k)
- Flitetrak Limited
£186.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Flitetrak Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (49 days)
- Flitetrak Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Flitetrak Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (4 weeks)
1 weeks - Flitetrak Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2423%, this is a higher level of debt than the average (51.4%)
2423% - Flitetrak Limited
51.4% - Industry AVG
FLITETRAK LIMITED financials
Flitetrak Limited's latest turnover from December 2023 is estimated at £504.2 thousand and the company has net assets of -£474.7 thousand. According to their latest financial statements, Flitetrak Limited has 5 employees and maintains cash reserves of £15.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 5 | 5 | 5 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 2,149 | 6,157 | 10,961 | 14,706 | 1,631 |
| Intangible Assets | 0 | 0 | 0 | 54 | 108 | 162 | 216 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 2,149 | 6,211 | 11,069 | 14,868 | 1,847 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 2,694 | 0 | 0 | 3,090 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,233 | 8,557 | 6,858 | 8,135 | 6,872 | 2,455 | 3,034 |
| Cash | 15,203 | 161 | 8,585 | 33 | 2,747 | 2,620 | 11,142 |
| misc current assets | 0 | 0 | 17,075 | 11,654 | 13,037 | 0 | 0 |
| total current assets | 20,436 | 8,718 | 32,518 | 22,516 | 22,656 | 5,075 | 17,266 |
| total assets | 20,436 | 8,718 | 34,667 | 28,727 | 33,725 | 19,943 | 19,113 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,619 | 7,025 | 3,813 | 8,632 | 10,809 | 0 | 14,504 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 488,552 | 479,459 | 480,865 | 434,420 | 358,700 | 234,829 | 118,362 |
| total current liabilities | 495,171 | 486,484 | 484,678 | 443,052 | 369,509 | 234,829 | 132,866 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 2,794 | 310 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 2,794 | 310 |
| total liabilities | 495,171 | 486,484 | 484,678 | 443,052 | 369,509 | 237,623 | 133,176 |
| net assets | -474,735 | -477,766 | -450,011 | -414,325 | -335,784 | -217,680 | -114,063 |
| total shareholders funds | -474,735 | -477,766 | -450,011 | -414,325 | -335,784 | -217,680 | -114,063 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 2,149 | 4,008 | 4,804 | 4,560 | 2,641 | 607 |
| Amortisation | 0 | 0 | 0 | 54 | 54 | 54 | 54 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,324 | 1,699 | -3,971 | 3,957 | 4,417 | -3,669 | 6,124 |
| Creditors | -406 | 3,212 | -4,819 | -2,177 | 10,809 | -14,504 | 14,504 |
| Accruals and Deferred Income | 9,093 | -1,406 | 46,445 | 75,720 | 123,871 | 116,467 | 118,362 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -2,794 | 2,484 | 310 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 15,042 | -8,424 | 8,552 | -2,714 | 127 | -8,522 | 11,142 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 15,042 | -8,424 | 8,552 | -2,714 | 127 | -8,522 | 11,142 |
flitetrak limited Credit Report and Business Information
Flitetrak Limited Competitor Analysis
Perform a competitor analysis for flitetrak limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HP6 area or any other competitors across 12 key performance metrics.
flitetrak limited Ownership
FLITETRAK LIMITED group structure
Flitetrak Limited has no subsidiary companies.
Ultimate parent company
FLITETRAK LIMITED
10622705
flitetrak limited directors
Flitetrak Limited currently has 4 directors. The longest serving directors include Thibaut De Bouillane (Feb 2017) and Mr Colin Davis (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Thibaut De Bouillane | 64 years | Feb 2017 | - | Director | |
| Mr Colin Davis | England | 78 years | Feb 2017 | - | Director |
| Mr Trevor Lea | United Kingdom | 59 years | Jul 2017 | - | Director |
| Mr Christopher Osborne | United Kingdom | 69 years | Jul 2017 | - | Director |
P&L
December 2023turnover
504.2k
+1%
operating profit
3.7k
0%
gross margin
24.4%
-7.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-474.7k
-0.01%
total assets
20.4k
+1.34%
cash
15.2k
+93.43%
net assets
Total assets minus all liabilities
flitetrak limited company details
company number
10622705
Type
Private limited with Share Capital
industry
30300 - Manufacture of air and spacecraft and related machinery
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
LAWES & CO
auditor
-
address
unit 9 28 plantation road, amersham, buckinghamshire, HP6 6HD
Bank
-
Legal Advisor
-
flitetrak 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 did not find charges/mortgages relating to flitetrak limited.
flitetrak limited Companies House Filings - See Documents
| date | description | view/download |
|---|
