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Trax Hydraulics (North West) Limited

05077904

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 3 LANGLEY ROAD, BURSCOUGH, L40 8JR
Incorporated 18/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Thomas Howard Wright

secretary · Since 26/09/2005

PRODUCTION ENGINEER

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Thomas Howard Wright

director · Since 26/09/2005

PRODUCTION ENGINEER

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Thomas Howard Wright

75–100% shares

British · England · Age 42

Unit 3, Langley Road, Burscough, L40 8JR

Notified 18/03/2017

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/12/2012Registered 12/12/2012

CompanyRankvs 584+ SIC 71129 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£258k

Balance sheet strength

Cash

£118k

Cash in the bank

Net Current Assets

£159k

Working capital

Current Assets

£289k

Current Liabilities

£130k

Fixed Assets

£175k

Debtors

£121k

7avg. employees-1

Balance Sheet

Assets less current liabilities£334k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.23+£28k
20242.01-£11k
20231.99

Derived from filed accounts. Not audited figures.