Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
9a, marshfield bank business park, crewe, cheshire, CW2 8UY
Website
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trac holdings limitedEstimated Valuation
£29.2m
Pomanda estimates the enterprise value of TRAC HOLDINGS LIMITED at £29.2m based on a Turnover of £24.8m and 1.18x industry multiple (adjusted for size and gross margin).
trac holdings limitedEstimated Valuation
£17.9m
Pomanda estimates the enterprise value of TRAC HOLDINGS LIMITED at £17.9m based on an EBITDA of £4.2m and a 4.28x industry multiple (adjusted for size and gross margin).
trac holdings limitedEstimated Valuation
£7.1m
Pomanda estimates the enterprise value of TRAC HOLDINGS LIMITED at £7.1m based on Net Assets of £5.8m and 1.23x industry multiple (adjusted for liquidity).
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Trac Holdings LimitedOverview
Trac Holdings Limited is a live company located in crewe, CW2 8UY with a Companies House number of 14189489. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2022, it's largest shareholder is
rcapital limited
with a 90% stake. Trac Holdings Limited is a startup,
large sized company, Pomanda has estimated its turnover at
£24.8m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Trac Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £24.8m, make it larger than the average company (£5.4m)
£24.8m - Trac Holdings Limited
£5.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Trac Holdings Limited
- - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (54.2%)
16.6% - Trac Holdings Limited
54.2% - Industry AVG
Profitability
an operating margin of 13.8% make it more profitable than the average company (9.1%)
13.8% - Trac Holdings Limited
9.1% - Industry AVG
Employees
with 163 employees, this is above the industry average (12)
163 - Trac Holdings Limited
12 - Industry AVG
Pay Structure
on an average salary of £52.6k, the company has a lower pay structure (£79.9k)
£52.6k - Trac Holdings Limited
£79.9k - Industry AVG
Efficiency
resulting in sales per employee of £151.9k, this is less efficient (£217.2k)
£151.9k - Trac Holdings Limited
£217.2k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (32 days)
54 days - Trac Holdings Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (39 days)
39 days - Trac Holdings Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 127 days, this is more than average (28 days)
127 days - Trac Holdings Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (28 weeks)
6 weeks - Trac Holdings Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.8%, this is a lower level of debt than the average (70.3%)
50.8% - Trac Holdings Limited
70.3% - Industry AVG
TRAC HOLDINGS LIMITED financials
EXPORT
Trac Holdings Limited's latest turnover from April 2024 is £24.8 million and the company has net assets of £5.8 million. According to their latest financial statements, Trac Holdings Limited has 163 employees and maintains cash reserves of £753 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Turnover
24,757,000
10,261,000
Other Income Or Grants
Cost Of Sales
20,660,000
9,592,000
Gross Profit
4,097,000
669,000
Admin Expenses
679,000
-2,483,000
Operating Profit
3,418,000
3,152,000
Interest Payable
588,000
222,000
Interest Receivable
Pre-Tax Profit
2,830,000
2,930,000
Tax
Profit After Tax
2,830,000
2,930,000
Dividends Paid
Retained Profit
2,830,000
2,930,000
Employee Costs
8,566,000
4,152,000
Number Of Employees
163
169
EBITDA*
4,194,000
3,539,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Tangible Assets
4,219,000
4,510,000
Intangible Assets
-4,623,000
-6,378,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
-404,000
-1,868,000
Stock & work in progress
7,222,000
6,871,000
Trade Debtors
3,705,000
2,844,000
Group Debtors
Misc Debtors
463,000
590,000
Cash
753,000
1,160,000
misc current assets
total current assets
12,143,000
11,465,000
total assets
11,739,000
9,597,000
Bank overdraft
Bank loan
Trade Creditors
2,227,000
2,757,000
Group/Directors Accounts
other short term finances
950,000
hp & lease commitments
56,000
18,000
other current liabilities
2,451,000
2,945,000
total current liabilities
5,684,000
5,720,000
loans
850,000
hp & lease commitments
281,000
97,000
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
281,000
947,000
total liabilities
5,965,000
6,667,000
net assets
5,774,000
2,930,000
total shareholders funds
5,774,000
2,930,000
Apr 2024
Apr 2023
Operating Activities
Operating Profit
3,418,000
3,152,000
Depreciation
776,000
387,000
Amortisation
Tax
Stock
351,000
6,871,000
Debtors
734,000
3,434,000
Creditors
-530,000
2,757,000
Accruals and Deferred Income
-494,000
2,945,000
Deferred Taxes & Provisions
Cash flow from operations
2,085,000
-1,064,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
950,000
Long term loans
-850,000
850,000
Hire Purchase and Lease Commitments
222,000
115,000
other long term liabilities
share issue
14,000
interest
-588,000
-222,000
cash flow from financing
-252,000
743,000
cash and cash equivalents
cash
-407,000
1,160,000
overdraft
change in cash
-407,000
1,160,000
trac holdings limited 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 trac holdings limited. Get real-time insights into trac holdings limited's credit score, group structure and payment trends.
Perform a competitor analysis for trac holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in CW2 area or any other competitors across 12 key performance metrics.
9a, marshfield bank business park, crewe, cheshire, CW2 8UY
Bank
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Legal Advisor
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trac holdings 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 found 2 charges/mortgages relating to trac holdings limited. Currently there are 1 open charges and 1 have been satisfied in the past.
trac holdings limited 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.
Click to start generating capital raising & share issue transactions for TRAC HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
trac holdings limitedCompanies House Filings - See Documents
