TRACERTEC LIMITED Financials
- Company number
- 02928191Copy
Copy - Registered office
- Thurlestone Hotel, Thurlestone, Kingsbridge, Devon TQ7 3NN
- Incorporated
- 12/05/1994
Company snapshot
- Status
- Active
- Employees
- 45 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-9.67%vs 20232023: £4.20M
Total Assets
-8.97%vs 20232023: £6.67M
Cash in Bank
67.81%vs 20232023: £9.71K
Total Liabilities
-7.79%vs 20232023: £2.47M
Employees
+1vs 20232023: 44
In 2024, TRACERTEC LIMITED reported net assets of £3.80M. The same filing shows total assets of £6.08M, cash in bank of £16.29K and total liabilities of £2.28M. Reported headcount was 45 in 2024. Total Assets fell from £6.67M in 2023 to £6.08M in 2024 (-8.97%). Okredo holds filed figures for 2022–2024; 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
-9.67%from £4.20M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures TRACERTEC LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1%vs 2022+0.5% a year compound (CAGR)
Cash in Bank
-95.2%vs 2022-78% a year compound (CAGR)
Total Assets
-6.2%vs 2022-3.2% a year compound (CAGR)
Total Liabilities
-16.2%vs 2022-8.5% a year compound (CAGR)
Employees
-16.7%vs 2022-9Biggest increase
Net Assets+1%
£3.76M in 2022 to £3.80M in 2024
Biggest decrease
Cash in Bank-95.2%
£336.84K in 2022 to £16.29K in 2024
TRACERTEC 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 TRACERTEC 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
- 62.50%2024
- Liabilities to total assets
- 37.50%2024
- Cash to liabilities
- 0.71%2024
- Cash to total assets
- 0.27%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 TRACERTEC LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 3.76M | 4.20M | 3.80M |
| Total Assets£ | 6.48M | 6.67M | 6.08M |
| Cash in Bank£ | 336.84K | 9.71K | 16.29K |
| Total Liabilities£ | 2.72M | 2.47M | 2.28M |
| Employees | 54 | 44 | 45 |
TRACERTEC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has TRACERTEC LIMITED filed financial statements?
Yes. Okredo holds filed figures for TRACERTEC LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did TRACERTEC LIMITED report in 2024?
TRACERTEC LIMITED reported net assets of £3.80M for 2024. That compares with £4.20M in 2023, a change of -9.67%.
What total assets did TRACERTEC LIMITED report in 2024?
TRACERTEC LIMITED reported total assets of £6.08M for 2024. That compares with £6.67M in 2023, a change of -8.97%.
What cash in bank did TRACERTEC LIMITED report in 2024?
TRACERTEC LIMITED reported cash in bank of £16.29K for 2024. That compares with £9.71K in 2023, a change of 67.81%.
How many people does TRACERTEC LIMITED employ?
TRACERTEC LIMITED reported 45 employees in 2024, compared with 44 in 2023.
How have TRACERTEC LIMITED financials changed over the last 3 years?
Between 2022 and 2024, TRACERTEC LIMITED's net assets rose by 1%, cash in bank fell by 95.2%, total assets fell by 6.2% and total liabilities fell by 16.2%. Net assets compounded at 0.5% a year across the two years to 2024, from £3.76M to £3.80M. Reported headcount went from 54 in 2022 to 45 in 2024 (-9).
Which years of TRACERTEC LIMITED financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.