GROUNDTRAX SYSTEMS LIMITED Financials
- Company number
- 07493268CopyCopy
- Registered office
- 1-3 Freeman Court Jarman Way, Orchard Road, Royston, Hertfordshire SG8 5HW
- Incorporated
- 14/01/2011
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
15.69%vs 20232023: £2.33M
Total Assets
12.39%vs 20232023: £3.23M
Cash in Bank
-46.35%vs 20232023: £1.97M
Total Liabilities
25.89%vs 20232023: £718.85K
Employees
0vs 20232023: 3
In 2024, GROUNDTRAX SYSTEMS LIMITED reported net assets of £2.70M. The same filing shows total assets of £3.64M, cash in bank of £1.06M and total liabilities of £904.96K. Reported headcount was 3 in 2024. Cash in Bank fell from £1.97M in 2023 to £1.06M in 2024 (-46.35%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
15.69%from £2.33M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures GROUNDTRAX SYSTEMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+52.4%vs 2022+23.4% a year compound (CAGR)
Cash in Bank
-36.9%vs 2022-20.6% a year compound (CAGR)
Total Assets
+38.8%vs 2022+17.8% a year compound (CAGR)
Total Liabilities
+47.1%vs 2022+21.3% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+52.4%
£1.77M in 2022 to £2.70M in 2024
Biggest decrease
Cash in Bank-36.9%
£1.67M in 2022 to £1.06M in 2024
GROUNDTRAX SYSTEMS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GROUNDTRAX SYSTEMS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 74.21%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 24.89%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 116.73%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 29.06%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GROUNDTRAX SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.17M | 1.77M | 2.33M | 2.70M |
| Total Assets£ | 2.13M | 2.62M | 3.23M | 3.64M |
| Cash in Bank£ | 1.12M | 1.67M | 1.97M | 1.06M |
| Total Liabilities£ | 719.64K | 615.27K | 718.85K | 904.96K |
| Employees | 3 | 3 | 3 | 3 |
GROUNDTRAX SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GROUNDTRAX SYSTEMS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GROUNDTRAX SYSTEMS LIMITED reported net assets of £2.70M for 2024. That compares with £2.33M in 2023, a change of 15.69%.
GROUNDTRAX SYSTEMS LIMITED reported total assets of £3.64M for 2024. That compares with £3.23M in 2023, a change of 12.39%.
GROUNDTRAX SYSTEMS LIMITED reported cash in bank of £1.06M for 2024. That compares with £1.97M in 2023, a change of -46.35%.
GROUNDTRAX SYSTEMS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, GROUNDTRAX SYSTEMS LIMITED's net assets rose by 52.4%, cash in bank fell by 36.9%, total assets rose by 38.8% and total liabilities rose by 47.1%. Net assets compounded at 23.4% a year across the two years to 2024, from £1.77M to £2.70M. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.