Groundtrax Systems Limited
07493268
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/02/2024
ACCOUNTANT
BRITISH · ENGLAND · Age 50
Also on 16 other boards
Persons with Significant Control
Origin Uk Operations Limited
1-3, Freeman Court Jarman Way, Royston, SG8 5HW
Reg: 02465499 · Companies House, United Kingdom · Private Company Limited By Shares
Notified 01/02/2024
Former PSCs
Mr Simon Adams
Ceased 01/02/2024
CompanyRankvs 7230+ SIC 43290 peers87
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2024
Net Worth
£2.7M
Balance sheet strength
Cash
£1.1M
Cash in the bank
Net Current Assets
£2.7M
Working capital
Current Assets
£3.6M
Current Liabilities
£900k
Fixed Assets
£32k
Debtors
£2.3M
Profit After Tax
£692k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.97 | +£366k |
| 2023 | 4.22 | +£562k |
| 2022 | 3.81 | +£604k |
| 2021 | 2.43 | +£280k |
| 2020 | 2.57 | +£355k |
| 2019 | 1.69 | — |
Derived from filed accounts. Not audited figures.