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Tracker Network (Uk) Limited

02632771

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE ATRIUM 1 HAREFIELD ROAD, MIDDLESEX, UB8 1PH
Incorporated 26/07/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Maurizio Iperti

director · Since 07/05/2021

COMPANY DIRECTOR

ITALIAN · ITALY · Age 60

Also on 1 other board

Douglas Peterson

secretary · Since 09/01/2023

Jikun Kim

director · Since 09/01/2023

CFO

AMERICAN · UNITED STATES · Age 62

Mark N D Rose

director · Since 03/02/2026

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Calamp Uk Ltd

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

5, New Street Square, London, EC4A 3TW

Reg: 08549972 · Companies House · Private Limited Company

Notified 25/02/2019

Former PSCs

Tantalum Innovations Limited

Ceased 25/02/2019

Charges0 outstanding

Charge
satisfied

LYNROCK LAKE MASTER FUND LP

Created 28/02/2024Registered 04/03/2024Satisfied 12/01/2026
Charge
satisfied

LYNROCK LAKE MASTER FUND LP

Created 28/02/2024Registered 04/03/2024Satisfied 23/01/2026
Charge
satisfied

THE BANK OF NEW YORK MELLON, AS UK COLLATERAL AGENT UNDER THE INDENTURE

Created 28/02/2024Registered 01/03/2024Satisfied 02/08/2024
Charge
satisfied

THE BANK OF NEW YORK MELLON, AS UK COLLATERAL AGENT UNDER THE UNDERLYING INDENTURE, AND AS SECU

Created 28/02/2024Registered 01/03/2024Satisfied 02/08/2024
Charge
satisfied

HANDYCAR, INC.,

Created 02/06/2017Registered 06/06/2017Satisfied 26/02/2019
Charge
satisfied

HANDYCAR, INC.,

Created 13/04/2017Registered 24/04/2017Satisfied 26/02/2019
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 31/08/2016Registered 07/09/2016Satisfied 26/02/2019
charge
satisfied

SOCIETE GENERALE AS AGENT AND TRUSTEE FOR THE SECURED PARTIES (THE SECURITY TRUSTEE)

Created 28/09/1999Registered 13/10/1999Satisfied 28/01/2005
charge
satisfied

SOCIETE GENERALE AS AGENT AND TRUSTEE FOR THE SECURED PARTIES (THE SECURITY TRUSTEE)

Created 28/09/1999Registered 13/10/1999Satisfied 28/01/2005
charge
satisfied

GRAND METROPOLITAN ESTATES LIMITED

Created 24/06/1993Registered 26/06/1993Satisfied 06/05/1999

CompanyRankvs 1096800+ SIC 82990 peers
41

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 28/02/2022

Turnover

£11.1M

Annual revenue

Net Worth

-£5.6M

Balance sheet strength

Cash

£195k

Cash in the bank

Profit Before Tax

-£2.1M

Bottom line earnings

Net Current Assets

-£4.6M

Working capital

Current Assets

£4.7M

Current Liabilities

£9.2M

Fixed Assets

£1.2M

Debtors

£2.7M

Cost of Sales

£5.2M

Gross Profit

£5.8M

Admin Expenses

£8.0M

Profit After Tax

-£2.1M

77avg. employees+3

People Costs

Wages & salaries£4.1M
NI contributions£490k

Balance Sheet

Assets less current liabilities-£3.3M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20220.51-£1.9M
20210.57-£3.8M
20200.38

Derived from filed accounts. Not audited figures.