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5 Tracks Investment Ltd

11620428

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

MABGATE BUSINESS CENTRE, LEEDS, LS9 7DR
Incorporated 12/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Iain Malcolm Strachan

director · Since 12/10/2018

ENTREPRENEUR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Iain Malcolm Strachan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 58

1 Lowther Drive, Lowther Drive, Leeds, LS25 1EW

Notified 12/10/2018

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 02/03/2022Registered 03/03/2022
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 31/01/2019Registered 04/02/2019

CompanyRankvs 111299+ SIC 68100 peers
28

Financial strength15th percentile among SIC peers · 4/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 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.

Liquidity2/20 pts

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

Longevity8/15 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 30/09/2024

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£874

Current Liabilities

£32k

Fixed Assets

£110k

1avg. employees

Balance Sheet

Assets less current liabilities£78k
Signed by Mr I Strachan,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£540
20220.16-£209
20210.08+£2k
20200.05-£8k
20190.09—

Derived from filed accounts. Not audited figures.