Tracer Management Systems Limited
03611671
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/10/2007
SALES DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 4 other boards
director · Since 18/04/2013
SOFTWARE ENGINEER
BRITISH · ENGLAND · Age 43
Also on 2 other boards
director · Since 09/05/2023
CHIEF FINANCE OFFICER
BRITISH · ENGLAND · Age 32
Also on 6 other boards
Persons with Significant Control
Joblogic Limited
117-119 Zellig, 117-119 Zellig, Gibb St Digbeth, B9 4AA
Reg: 08455181 · Registered In England · Limited Company
Notified 06/04/2016
Charges1 outstanding
KROLL TRUSTEE SERVICES LIMITED ACTING AS SECURITY AGENT
CANADIAN IMPERIAL BANK OF COMMERCE
CANADIAN IMPERIAL BANK OF COMMERCE
CANADIAN IMPERIAL BANK OF COMMERCE
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS BANK PLC
CARTER THERMAL INDUSTRIES LIMITED
BARCLAYS BANK PLC
CompanyRankvs 27796+ SIC 62012 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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 co
Key FinancialsYear ending 31/12/2024
Turnover
£14.2M
Annual revenue
Net Worth
-£8.1M
Balance sheet strength
Cash
£282k
Cash in the bank
Profit Before Tax
-£4.8M
Bottom line earnings
Net Current Assets
-£23.1M
Working capital
Current Assets
£7.7M
Current Liabilities
£30.8M
Fixed Assets
£19.3M
Debtors
£7.4M
Cost of Sales
£3.2M
Gross Profit
£11.0M
Admin Expenses
£14.6M
Operating Profit
-£3.6M
Profit After Tax
-£4.0M
Director Loans
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.25 | -£10.4M |
| 2023 | 0.63 | +£60k |
| 2022 | 2.58 | +£349k |
| 2021 | 3.15 | — |
Derived from filed accounts. Not audited figures.