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Trac Construction Limited

10708238

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

30 OLD BAILEY, LONDON, EC4M 7AU
Incorporated 04/04/2017

Compliance

Last accounts

31/03/2021

total exemption full

Next accounts due

31/12/2022

Overdue

Confirmation statement

Last: 09/04/2022

Due 23/04/2023

Overdue

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings
43120
Site preparation

Officers

Mr Oliver Clegg

director · Since 04/04/2017

CONSTRUCTION/DEVELOPMENT

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Mr Stephen Togher

director · Since 04/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Stephen Togher

25–50% shares
25–50% votes

British · England · Age 37

Rose Farm, Chiswell Green Lane, St. Albans, AL2 3NR

Notified 04/04/2017

Former PSCs

Mr Oliver Clegg

Ceased 29/03/2019

Mr Daniel Robin Read

Ceased 11/12/2018

Insolvency History1 case

creditors voluntary liquidation11/10/2022

Guy Robert Thomas Hollander (practitioner) · Adam Harris (practitioner) · Patrick Alexander Lannagan (practitioner)

CompanyRankvs 15+ SIC 41201 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.65× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2021

Net Worth

£1.2M

Balance sheet strength

Cash

£876k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£3.1M

Current Liabilities

£1.9M

Fixed Assets

£50k

Debtors

£2.2M

3avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20211.65

Derived from filed accounts. Not audited figures.