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Trackfit Engineering Limited

09991692

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

RURAL ENTERPRISE CENTRE VINCENT CAREY ROAD, HEREFORD, HR2 6FE
Incorporated 08/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Keith Williams

director · Since 08/02/2016

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Persons with Significant Control

Mr Keith Williams

75–100% shares

British · England · Age 68

Rural Enterprise Centre, Vincent Carey Road, Hereford, HR2 6FE

Notified 18/09/2018

Former PSCs

Mr Keith Williams

Ceased 17/02/2017

Trackfit Engineering Services Limited

Ceased 18/09/2018

CompanyRankvs 530+ SIC 25620 peers
75

Financial strength85th percentile among SIC peers · 21/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.4× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 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.

Longevity10/15 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.

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

£1.1M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£953k

Working capital

Current Assets

£1.6M

Current Liabilities

£680k

Fixed Assets

£125k

Debtors

£247k

4avg. employees-2

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.40+£324k
20241.78-£125k
20234.10

Derived from filed accounts. Not audited figures.