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Tracksmith Uk Limited

14177274

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

BIRCHIN COURT 5TH FLOOR, LONDON, EC3V 9DU
Incorporated 16/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Matthew Taylor

director · Since 16/06/2022

CHIEF EXECUTIVE OFFICER

AMERICAN · UNITED STATES · Age 49

CompanyRankvs 11469+ SIC 47710 peers
26

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 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.

Longevity4/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

indicate a material uncertainty in relation to the going concern assumption of the parent company and their resulting ability to provide the necessary support to the Company. The Director has assessed the ability of the parent company to provide this support based

Key FinancialsYear ending 31/01/2025

Net Worth

-£915k

Balance sheet strength

Cash

£223k

Cash in the bank

Net Current Assets

-£1.6M

Working capital

Current Assets

£481k

Current Liabilities

£2.0M

Fixed Assets

£650k

Debtors

£36k

Profit After Tax

-£519k

16avg. employees+6

Balance Sheet

Assets less current liabilities-£900k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.24-£258k
20240.17-£499k
20230.36

Derived from filed accounts. Not audited figures.