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Tractech Limited

05137591

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

18 NORTHGATE, LINCOLNSHIRE, NG34 7BJ
Incorporated 25/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mrs Tabatha Wendy Chance

secretary · Since 25/05/2004

BRITISH

Mr Clive Richard Wright

director · Since 25/05/2004

MOTOR MECHANIC

BRITISH · ENGLAND · Age 71

Also on 1 other board

Persons with Significant Control

Mrs Marilyn Frances Wright

25–50% shares
25–50% votes

British · England · Age 72

7 Westover Road, Kettering, NN15 7LB

Notified 06/04/2016

Mr Clive Richard Wright

50–75% shares
50–75% votes
Appoint directors

British · England · Age 71

7 Westover Road, Kettering, NN15 7LB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 17/06/2022Registered 28/06/2022
charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 12/07/2012Registered 21/07/2012Satisfied 05/05/2022

CompanyRankvs 223+ SIC 47430 peers
59

Financial strength64th percentile among SIC peers · 16/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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223Tractech Limited
69
How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/05/2025

Net Worth

£17k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£120k

Current Liabilities

£114k

Fixed Assets

£21k

Debtors

£115k

3avg. employees-2

Balance Sheet

Assets less current liabilities£27k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05-£7k
20240.97+£17k
20230.81-£31k
20220.94+£20k
20210.80-£15k
20200.89-£2k
20190.91-£30k
20181.24—

Derived from filed accounts. Not audited figures.