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Tracertec Limited

02928191

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

THURLESTONE HOTEL, KINGSBRIDGE, TQ7 3NN
Incorporated 12/05/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Matthew David Cuthbert Grose

secretary · Since 06/12/2006

HOTEL MANAGEMENT

BRITISH · Age 54

Also on 2 other boards

Mr Graham Richard Ernest Grose

director · Since 06/12/2006

HOTEL PROPRIETOR

BRITISH · UNITED KINGDOM · Age 75

Mr Matthew David Cuthbert Grose

director · Since 06/12/2006

HOTEL MANAGEMENT

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Timothy Andrew Hassell

director · Since 16/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Mr Christian David Thomas

director · Since 26/09/2020

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Thurlestone Estates Ltd

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

Thurlestone Hotel, Thurlestone, Kingsbridge, TQ7 3NN

Reg: 00271793 · Companies House · Ltd

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 05/11/2020Registered 05/11/2020
Charge
outstanding

LLOYDS BANK PLC

Created 05/10/2018Registered 15/10/2018
Charge
outstanding

LLOYDS BANK PLC

Created 12/12/2014Registered 19/12/2014
charge
outstanding

LLOYDS TSB BANK PLC

Created 19/10/2010Registered 21/10/2010
charge
satisfied

HSBC BANK PLC

Created 04/04/2002Registered 10/04/2002Satisfied 20/01/2007
charge
satisfied

MIDLAND BANK PLC

Created 06/11/1997Registered 08/11/1997Satisfied 20/01/2007
charge
satisfied

MIDLAND BANK PLC

Created 02/06/1997Registered 10/06/1997Satisfied 20/01/2007
charge
satisfied

BIRMINGHAM MIDSHIRES BUILDING SOCIETY

Created 08/11/1995Registered 10/11/1995Satisfied 08/11/2006
charge
satisfied

BIRMINGHAM MIDSHIRES BUILDING SOCIETY

Created 08/11/1995Registered 10/11/1995Satisfied 08/11/2006
charge
satisfied

PRINCIPAL SECURITIES LIMITED

Created 09/08/1995Registered 12/08/1995Satisfied 08/11/2006
charge
satisfied

PRINCIPAL SECURITIES LIMITED

Created 09/08/1995Registered 12/08/1995Satisfied 08/11/2006

CompanyRankvs 1443+ SIC 55100 peers
64

Financial strength95th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£3.8M

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£514k

Current Liabilities

£549k

Fixed Assets

£5.6M

Debtors

£440k

45avg. employees+1

Balance Sheet

Bank loans & overdrafts£1.4M
Assets less current liabilities£5.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£406k
20230.97+£444k
20220.67

Derived from filed accounts. Not audited figures.