Track 24 Limited
05052740
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2025
small
Next accounts due
30/09/2027
Confirmation statement
Last: 25/04/2026
Due 09/05/2027
Industry
Officers
Former
corporate nominee director · Resigned 02/04/2004
corporate nominee secretary · Resigned 02/04/2004
director · Resigned 11/08/2005
secretary · Resigned 11/08/2005
director · Resigned 01/05/2025
Persons with Significant Control
Former PSCs
Michael Ashworth
Ceased 23/05/2024
Mr Timothy Donald Grant
Ceased 23/05/2024
Inquiron Limited
Ceased 23/09/2025
Change History
Active
Private Limited Company
G.06 CLERKENWELL WORKSHOPS CLERKENWELL CLOSE
LONDON
CompanyRankvs 3496+ SIC 80200 peers42
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going concern At the balance sheet date, the company had net liabilities of £4,843,977 (2024: £3,317,627) which may indicate the existence of a material uncertainty and the company's ability to c
Key FinancialsYear ending 31/12/2025
Net Worth
-£4.8M
Balance sheet strength
Cash
£661k
Cash in the bank
Net Current Assets
£748k
Working capital
Current Assets
£1.1M
Current Liabilities
£319k
Fixed Assets
£4.2M
Debtors
£300k
Profit After Tax
-£885k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.34 | -£1.5M |
| 2024 | 1.28 | — |
| 2023 | 0.11 | — |
| 2022 | 0.11 | — |
| 2021 | 0.09 | — |
| 2020 | 0.92 | — |
| 2019 | 1.65 | — |
Derived from filed accounts. Not audited figures.