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Track Components Ltd

04650681

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

Ashville Business Park, Commerce Road, Gloucester, GL2 9SL
Incorporated 29/01/2003

Compliance

Last accounts

30/11/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

25620
Machining

Officers

Mark Peter Drain

director · Since 02/03/2026

British · England · Age 60

Dean Kevin Haynes

director · Since 02/03/2026

British · England · Age 58

Former

Cch Nominee Directors Limited

corporate director · Resigned 29/01/2003

Cch Nominee Secretaries Limited

corporate secretary · Resigned 29/01/2003

Clive Frederick Purchase

director · Resigned 02/03/2026

Elaine Mary Purchase

director · Resigned 02/03/2026

Clive Frederick Purchase

secretary · Resigned 02/03/2026

Joseph Matthew Purchase

director · Resigned 02/03/2026

Persons with Significant Control

Track Group Holdings Limited

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

Unit 3a, Corinium Industrial Estate, Raans Road, Amersham, HP6 6JQ

Reg: 12998964 · England & Wales · Limited Company

Notified 09/02/2021

Former PSCs

Mrs Elaine Mary Purchase

Ceased 09/02/2021

Mr Clive Frederick Purchase

Ceased 09/02/2021

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/06/2019Registered 06/06/2019Satisfied 23/02/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 22/05/2013Registered 24/05/2013Satisfied 23/02/2022

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1Ashville Business Park
2026-06-05

ASHVILLE BUSINESS PARK

post townGloucester
2026-06-05

GLOUCESTER

officer appointedDRAIN, Mark Peter
2026-06-05
officer appointedHAYNES, Dean Kevin
2026-06-05

CompanyRankvs 40+ SIC 25620 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.68× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees14/15 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

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 30/11/2024

Turnover

£12.1M

Annual revenue

Net Worth

£11.3M

Balance sheet strength

Cash

£7.1M

Cash in the bank

Profit Before Tax

£3.2M

Bottom line earnings

Net Current Assets

£9.9M

Working capital

Current Assets

£11.4M

Current Liabilities

£1.5M

Fixed Assets

£1.8M

Debtors

£4.1M

Cost of Sales

£6.3M

Gross Profit

£5.9M

Admin Expenses

£2.9M

Operating Profit

£3.1M

Profit After Tax

£2.4M

42avg. employees-2

Tax at Year End

Corp tax£464k

People Costs

Wages & salaries£1.6M
NI contributions£174k

Balance Sheet

Assets less current liabilities£11.7M
Signed by Mr C F Purchase 28/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.68+£1.8M
20236.54+£460k
20228.48+£1.0M
20214.36+£1.7M
20202.71+£961k
20194.30+£1.1M
20182.63

Derived from filed accounts. Not audited figures.