TRACK COMPONENTS LTD Financials
- Company number
- 04650681CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Ashville Business Park, Commerce Road, Gloucester GL2 9SL
- Incorporated
- 29/01/2003
Company snapshot
- Status
- Active
- Employees
- 42 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
18.61%vs 20232023: £9.54M
Total Assets
15.09%vs 20232023: £12.95M
Cash in Bank
34.71%vs 20232023: £5.28M
Total Liabilities
9.87%vs 20232023: £1.66M
Employees
-2vs 20232023: 44
In 2024, TRACK COMPONENTS LTD reported net assets of £11.32M. The same filing shows total assets of £14.91M, cash in bank of £7.11M and total liabilities of £1.82M. Reported headcount was 42 in 2024. Total Assets rose from £12.95M in 2023 to £14.91M in 2024 (15.09%). 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
18.61%from £9.54M 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 TRACK COMPONENTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+24.6%vs 2022+11.6% a year compound (CAGR)
Cash in Bank
+690%vs 2022+181% a year compound (CAGR)
Total Assets
+12.9%vs 2022+6.3% a year compound (CAGR)
Total Liabilities
+41.6%vs 2022+19% a year compound (CAGR)
Employees
-6.7%vs 2022-3Biggest increase
Cash in Bank+690%
£899.35K in 2022 to £7.11M in 2024
Biggest decrease
Employees-6.7%
45 in 2022 to 42 in 2024
TRACK COMPONENTS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TRACK COMPONENTS LTD'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
- 75.93%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
- 12.21%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
- 390.36%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
- 47.68%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £288.80K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for TRACK COMPONENTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 8.04M | 9.08M | 9.54M | 11.32M |
| Total Assets£ | 12.43M | 13.20M | 12.95M | 14.91M |
| Cash in Bank£ | 3.21M | 899.35K | 5.28M | 7.11M |
| Total Liabilities£ | 1.77M | 1.29M | 1.66M | 1.82M |
| Employees | 44 | 45 | 44 | 42 |
TRACK COMPONENTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TRACK COMPONENTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TRACK COMPONENTS LTD reported net assets of £11.32M for 2024. That compares with £9.54M in 2023, a change of 18.61%.
TRACK COMPONENTS LTD reported total assets of £14.91M for 2024. That compares with £12.95M in 2023, a change of 15.09%.
TRACK COMPONENTS LTD reported cash in bank of £7.11M for 2024. That compares with £5.28M in 2023, a change of 34.71%.
TRACK COMPONENTS LTD reported 42 employees in 2024, compared with 44 in 2023.
Between 2022 and 2024, TRACK COMPONENTS LTD's net assets rose by 24.6%, cash in bank rose by 690%, total assets rose by 12.9% and total liabilities rose by 41.6%. Net assets compounded at 11.6% a year across the two years to 2024, from £9.08M to £11.32M. Reported headcount went from 45 in 2022 to 42 in 2024 (-3).
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.