Pomanda estimates the enterprise value of ON TRACK GROUP LTD at £1.8m based on a Turnover of £5.5m and 0.33x industry multiple (adjusted for size and gross margin).
on track group ltdEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of ON TRACK GROUP LTD at £4.3m based on an EBITDA of £1.1m and a 3.77x industry multiple (adjusted for size and gross margin).
on track group ltdEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of ON TRACK GROUP LTD at £4.3m based on Net Assets of £2.3m and 1.87x industry multiple (adjusted for liquidity).
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On Track Group LtdOverview
On Track Group Ltd is a live company located in cardiff, CF10 3BH with a Companies House number of 12110047. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in July 2019, it's largest shareholder is
jake austin
with a 80% stake. On Track Group Ltd is a young,
mid sized company, Pomanda has estimated its turnover at
£5.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded On Track Group Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £5.5m, make it smaller than the average company (£7.6m)
£5.5m - On Track Group Ltd
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 108%, show it is growing at a faster rate (10.2%)
108% - On Track Group Ltd
10.2% - Industry AVG
Production
with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)
38.5% - On Track Group Ltd
38.5% - Industry AVG
Profitability
an operating margin of 20.3% make it more profitable than the average company (5.2%)
20.3% - On Track Group Ltd
5.2% - Industry AVG
Employees
with 9 employees, this is below the industry average (29)
9 - On Track Group Ltd
29 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)
£51.5k - On Track Group Ltd
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £611k, this is more efficient (£175.9k)
£611k - On Track Group Ltd
£175.9k - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (50 days)
73 days - On Track Group Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is slower than average (14 days)
30 days - On Track Group Ltd
14 days - Industry AVG
Stock Days
it holds stock equivalent to 164 days, this is more than average (12 days)
164 days - On Track Group Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 24 weeks, this is more cash available to meet short term requirements (16 weeks)
24 weeks - On Track Group Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.8%, this is a lower level of debt than the average (62.6%)
36.8% - On Track Group Ltd
62.6% - Industry AVG
ON TRACK GROUP LTD financials
EXPORT
On Track Group Ltd's latest turnover from July 2024 is estimated at £5.5 million and the company has net assets of £2.3 million. According to their latest financial statements, On Track Group Ltd has 9 employees and maintains cash reserves of £610.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Turnover
5,499,300
3,337,543
2,559,779
615,447
569,444
Other Income Or Grants
Cost Of Sales
3,380,804
2,041,567
1,575,042
386,750
341,421
Gross Profit
2,118,495
1,295,977
984,738
228,697
228,022
Admin Expenses
1,003,886
157,904
586,212
53,036
119,951
Operating Profit
1,114,609
1,138,073
398,526
175,661
108,071
Interest Payable
3,000
5,133
4,048
1,525
Interest Receivable
34,224
18,615
2,009
163
28
Pre-Tax Profit
1,145,833
1,151,555
396,486
174,299
108,099
Tax
-286,458
-287,889
-75,332
-33,117
-20,539
Profit After Tax
859,375
863,666
321,154
141,182
87,560
Dividends Paid
Retained Profit
859,375
863,666
321,154
141,182
87,560
Employee Costs
463,597
437,513
419,085
131,819
41,675
Number Of Employees
9
9
9
3
1
EBITDA*
1,143,882
1,149,828
414,144
176,544
108,071
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Tangible Assets
155,841
60,795
85,644
25,612
Intangible Assets
Investments & Other
41,780
31,780
21,729
Debtors (Due After 1 year)
Total Fixed Assets
197,621
92,575
107,373
25,612
Stock & work in progress
1,519,584
941,334
473,077
Trade Debtors
1,109,422
707,837
601,016
148,528
122,139
Group Debtors
18,000
Misc Debtors
143,304
279,775
1,935
Cash
610,392
693,397
51,202
270,183
56,095
misc current assets
total current assets
3,400,702
2,622,343
1,127,230
418,711
178,234
total assets
3,598,323
2,714,918
1,234,603
444,323
178,234
Bank overdraft
21,667
31,667
Bank loan
Trade Creditors
286,392
177,540
116,256
1
Group/Directors Accounts
310
3,163
26,786
other short term finances
20,000
hp & lease commitments
38,054
9,260
13,728
other current liabilities
958,354
1,059,549
452,692
162,416
63,788
total current liabilities
1,304,467
1,278,016
602,986
165,580
90,574
loans
41,667
50,000
hp & lease commitments
20,918
23,339
40,053
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
20,918
23,339
81,720
50,000
total liabilities
1,325,385
1,301,355
684,706
215,580
90,574
net assets
2,272,938
1,413,563
549,897
228,743
87,660
total shareholders funds
2,272,938
1,413,563
549,897
228,743
87,660
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Operating Activities
Operating Profit
1,114,609
1,138,073
398,526
175,661
108,071
Depreciation
29,273
11,755
15,618
883
Amortisation
Tax
-286,458
-287,889
-75,332
-33,117
-20,539
Stock
578,250
468,257
473,077
Debtors
283,114
384,661
454,423
26,389
122,139
Creditors
108,852
61,284
116,255
1
Accruals and Deferred Income
-101,195
606,857
290,276
98,628
63,788
Deferred Taxes & Provisions
Cash flow from operations
3,717
677,162
-182,157
215,667
29,181
Investing Activities
capital expenditure
-124,319
13,094
-75,650
-26,495
Change in Investments
10,000
10,051
21,729
cash flow from investments
-134,319
3,043
-97,379
-26,495
Financing Activities
Bank loans
Group/Directors Accounts
-310
-2,853
-23,623
26,786
Other Short Term Loans
-20,000
20,000
Long term loans
-41,667
-8,333
50,000
Hire Purchase and Lease Commitments
26,373
-21,182
53,781
other long term liabilities
share issue
-99
100
interest
31,224
13,482
-2,039
-1,362
28
cash flow from financing
57,597
-69,677
60,556
24,916
26,914
cash and cash equivalents
cash
-83,005
642,195
-218,981
214,088
56,095
overdraft
-10,000
31,667
change in cash
-73,005
610,528
-218,981
214,088
56,095
on track group ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for on track group ltd. Get real-time insights into on track group ltd's credit score, group structure and payment trends.
Perform a competitor analysis for on track group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in CF10 area or any other competitors across 12 key performance metrics.
70229 - Management consultancy activities (other than financial management)
78200 - Temporary employment agency activities
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
July 2024
previous names
on track recruitment ltd (November 2020)
accountant
THORNTON SPRINGER LLP
auditor
-
address
4th floor 14 museum place, city centre, cardiff, CF10 3BH
Bank
-
Legal Advisor
-
on track group 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 5 charges/mortgages relating to on track group ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
on track group 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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on track group ltdCompanies House Filings - See Documents
