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Xtrac Limited

01825037

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

GABLES WAY, THATCHAM, RG19 4ZA
Incorporated 15/06/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28150
Manufacture of bearings, gears, gearing and driving elements

Officers

Mr Adrian Paul Moore

director · Since 02/01/2002

ENGINEER

BRITISH · ENGLAND · Age 60

Also on 7 other boards

Mr Steven Geoffrey Hatt

director · Since 01/01/2023

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 42

Mrs Kirsten Joanne Knight

director · Since 01/01/2023

HUMAN RESOURCE DIRECTOR

BRITISH · ENGLAND · Age 53

Mr James Anthony John Setter

director · Since 01/01/2023

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 46

Mr Mark Gerrard Wilson

director · Since 11/04/2025

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 52

Also on 16 other boards

James Colgate

director · Since 19/12/2025

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Xtrac Group Limited

75–100% shares
75–100% votes
Appoint directors

Xtrac, Gables Way, Thatcham, RG19 4ZA

Reg: 03243346 · Companies House · Private Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

KROLL TRUSTEE SERVICES LIMITED (AS SECURITY AGENT AND TRUSTEE FOR THE SECURED PARTIES)

Created 25/10/2023Registered 31/10/2023
Charge
outstanding

KROLL TRUSTEE SERVICES LIMITED (AS SECURITY AGENT AND TRUSTEE FOR THE BENEFICIARIES)

Created 25/10/2023Registered 31/10/2023
Charge
satisfied

LLOYDS BANK PLC AS SECURITY AGENT AND TRUSTEE FOR THE BENEFICIARIES.

Created 16/10/2017Registered 24/10/2017Satisfied 08/08/2023
Charge
satisfied

HSBC BANK PLC

Created 15/09/2015Registered 21/09/2015Satisfied 16/10/2017
Charge
satisfied

HSBC BANK PLC

Created 20/03/2015Registered 25/03/2015Satisfied 16/10/2017
charge
satisfied

BARCLAYS BANK PLC

Created 21/07/2000Registered 02/08/2000Satisfied 13/07/2015
charge
satisfied

BARCLAYS BANK PLC

Created 01/09/1988Registered 09/09/1988Satisfied 17/05/2000
charge
satisfied

BARCLAYS BANK PLC

Created 08/02/1988Registered 15/02/1988Satisfied 17/05/2000

CompanyRankvs 15+ SIC 28150 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 9.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; • assess the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and • use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, or have no

Key FinancialsYear ending 30/09/2020

Turnover

£45.9M

Annual revenue

Net Worth

£81.7M

Balance sheet strength

Cash

£17.6M

Cash in the bank

Profit Before Tax

£5.7M

Bottom line earnings

Net Current Assets

£58.6M

Working capital

Current Assets

£65.5M

Current Liabilities

£6.9M

Fixed Assets

£23.6M

Debtors

£24.3M

Cost of Sales

£34.5M

Gross Profit

£11.4M

Admin Expenses

£7.4M

Operating Profit

£5.7M

Profit After Tax

£4.6M

321avg. employees

People Costs

Wages & salaries£13.0M
NI contributions£1.3M

Balance Sheet

Assets less current liabilities£82.1M
Prepared with Digita Accounts Production Advanced 6.24.8820.0

EstimatesDerived

YearCurrent Ratio
20209.47

Derived from filed accounts. Not audited figures.