trax express holdings ltd
trax express holdings ltd Company Information
Company Number
10864403
Website
www.traxexpress.comRegistered Address
248 mackadown lane, birmingham, B33 0LE
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
441213334444
Next Accounts Due
18 days late
Group Structure
View All
Shareholders
p g s logistics holdings ltd 100%
trax express holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of TRAX EXPRESS HOLDINGS LTD at £213.8k based on a Turnover of £178.3k and 1.2x industry multiple (adjusted for size and gross margin).
trax express holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of TRAX EXPRESS HOLDINGS LTD at £0 based on an EBITDA of £-8.7k and a 4.59x industry multiple (adjusted for size and gross margin).
trax express holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of TRAX EXPRESS HOLDINGS LTD at £4m based on Net Assets of £2.1m and 1.86x industry multiple (adjusted for liquidity).
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Trax Express Holdings Ltd Overview
Trax Express Holdings Ltd is a live company located in birmingham, B33 0LE with a Companies House number of 10864403. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2017, it's largest shareholder is p g s logistics holdings ltd with a 100% stake. Trax Express Holdings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £178.3k with declining growth in recent years.
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Trax Express Holdings Ltd Health Check
Pomanda's financial health check has awarded Trax Express Holdings Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £178.3k, make it smaller than the average company (£17.9m)
- Trax Express Holdings Ltd
£17.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -52%, show it is growing at a slower rate (6.6%)
- Trax Express Holdings Ltd
6.6% - Industry AVG
Production
with a gross margin of 36%, this company has a comparable cost of product (36%)
- Trax Express Holdings Ltd
36% - Industry AVG
Profitability
an operating margin of -24.2% make it less profitable than the average company (5.2%)
- Trax Express Holdings Ltd
5.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (105)
1 - Trax Express Holdings Ltd
105 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Trax Express Holdings Ltd
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £178.3k, this is equally as efficient (£178.3k)
- Trax Express Holdings Ltd
£178.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Trax Express Holdings Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Trax Express Holdings Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trax Express Holdings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 521 weeks, this is more cash available to meet short term requirements (15 weeks)
521 weeks - Trax Express Holdings Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.9%, this is a lower level of debt than the average (69.9%)
2.9% - Trax Express Holdings Ltd
69.9% - Industry AVG
TRAX EXPRESS HOLDINGS LTD financials
Trax Express Holdings Ltd's latest turnover from December 2022 is estimated at £178.3 thousand and the company has net assets of £2.1 million. According to their latest financial statements, Trax Express Holdings Ltd has 1 employee and maintains cash reserves of £55.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 225,852 | 27,487 | 0 | 1,900,000 | 1,900,000 | 1,900,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,900,000 | 1,900,000 | 1,900,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,125,852 | 1,927,487 | 1,900,000 | 1,900,000 | 1,900,000 | 1,900,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 142 | 32 | 92 |
| Group Debtors | 0 | 522,399 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,032 | 10,487 | 0 | 0 | 0 | 0 |
| Cash | 55,307 | 626 | 127 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 68,339 | 533,512 | 127 | 142 | 32 | 92 |
| total assets | 2,194,191 | 2,460,999 | 1,900,127 | 1,900,142 | 1,900,032 | 1,900,092 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1,153,637 | 949,217 | 775,092 |
| Group/Directors Accounts | 0 | 0 | 156,740 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,510 | 280,210 | 280,210 | 0 | 0 | 0 |
| total current liabilities | 5,510 | 280,210 | 436,950 | 1,153,637 | 949,217 | 775,092 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 280,000 | 560,000 | 760,000 | 935,000 |
| provisions | 57,000 | 7,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 57,000 | 7,000 | 280,000 | 560,000 | 760,000 | 935,000 |
| total liabilities | 62,510 | 287,210 | 716,950 | 1,713,637 | 1,709,217 | 1,710,092 |
| net assets | 2,131,681 | 2,173,789 | 1,183,177 | 186,505 | 190,815 | 190,000 |
| total shareholders funds | 2,131,681 | 2,173,789 | 1,183,177 | 186,505 | 190,815 | 190,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 34,369 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -519,854 | 532,886 | -142 | 110 | -60 | 92 |
| Creditors | 0 | 0 | -1,153,637 | 204,420 | 174,125 | 775,092 |
| Accruals and Deferred Income | -274,700 | 0 | 280,210 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 50,000 | 7,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 1,900,000 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -156,740 | 156,740 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -280,000 | -280,000 | -200,000 | -175,000 | 935,000 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 54,681 | 499 | 127 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 54,681 | 499 | 127 | 0 | 0 | 0 |
trax express holdings ltd Credit Report and Business Information
Trax Express Holdings Ltd Competitor Analysis
Perform a competitor analysis for trax express holdings ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in B33 area or any other competitors across 12 key performance metrics.
trax express holdings ltd Ownership
TRAX EXPRESS HOLDINGS LTD group structure
Trax Express Holdings Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
TRAX EXPRESS HOLDINGS LTD
10864403
1 subsidiary
trax express holdings ltd directors
Trax Express Holdings Ltd currently has 3 directors. The longest serving directors include Mr Samuel Eyles (May 2023) and Mr David Critchlow (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Samuel Eyles | England | 32 years | May 2023 | - | Director |
| Mr David Critchlow | 49 years | May 2023 | - | Director | |
| Mr Paul Eyles | England | 59 years | May 2023 | - | Director |
P&L
December 2022turnover
178.3k
+11%
operating profit
-43.1k
0%
gross margin
36.1%
+3.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.1m
-0.02%
total assets
2.2m
-0.11%
cash
55.3k
+87.35%
net assets
Total assets minus all liabilities
trax express holdings ltd company details
company number
10864403
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
248 mackadown lane, birmingham, B33 0LE
Bank
-
Legal Advisor
-
trax express holdings 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 trax express holdings ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
trax express holdings ltd Companies House Filings - See Documents
| date | description | view/download |
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