XTRAC LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-09-30
Confirmation statement due
2026-06-14 (in 1mo)
Last made up 2025-05-31
Watchouts
None on the register
Cash
£498K
-78.2% lowest in 4 filed years
Net assets
£106M
+3.6% highest in 4 filed years
Employees
453
+12.7% highest in 4 filed years
Profit before tax
£5M
-16.5% lowest in 4 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-09-30
| Metric | Trend | 2018-09-30 | 2019-09-30 | 2020-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|
| Turnover | — | £55,329,000 | £45,880,000 | £79,901,000 | £89,572,000 | |
| Operating profit | — | £14,187,000 | £5,655,000 | £6,254,000 | £5,262,000 | |
| Profit before tax | — | £14,195,000 | £5,661,000 | £6,263,000 | £5,232,000 | |
| Net profit | — | £14,495,000 | £4,631,000 | £5,533,000 | £3,651,000 | |
| Cash | — | £6,938,000 | £17,623,000 | £2,281,000 | £498,000 | |
| Total assets less current liabilities | — | £77,167,000 | £82,111,000 | £104,629,000 | £110,321,000 | |
| Net assets | — | £77,068,000 | £81,699,000 | £102,512,000 | £106,163,000 | |
| Equity | £62,573,000 | £77,068,000 | £81,699,000 | £102,512,000 | £106,163,000 | |
| Average employees | — | 332 | 321 | 402 | 453 | |
| Wages | — | £13,957,000 | £12,966,000 | £20,536,000 | £25,290,000 | |
| Directors' remuneration | — | — | — | £79,000 | £326,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
-
Turnover
+12.1%
£79,901,000 £89,572,000
highest in 4 filed years
-
Cash
-78.2%
£2,281,000 £498,000
lowest in 4 filed years
-
Net assets
+3.6%
£102,512,000 £106,163,000
highest in 4 filed years
-
Employees
+12.7%
402 453
highest in 4 filed years
-
Operating profit
-15.9%
£6,254,000 £5,262,000
lowest in 4 filed years
-
Profit before tax
-16.5%
£6,263,000 £5,232,000
lowest in 4 filed years
-
Wages
+23.1%
£20,536,000 £25,290,000
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-09-30 | 2019-09-30 | 2020-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|
| Operating margin | — | 25.6% | 12.3% | 7.8% | 5.9% | |
| Net margin | — | 26.2% | 10.1% | 6.9% | 4.1% | |
| Return on capital employed | — | 18.4% | 6.9% | 6.0% | 4.8% | |
| Current ratio | — | — | — | 7.41x | 6.89x | |
| Interest cover | — | 2837.40x | 1131.00x | 142.14x | 79.73x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In determining the appropriate basis of preparation of the financial statements for the year ended 30 September 2024, the Directors are required to consider whether the Company and Group can continue in operational existence for the foreseeable future. The Board has concluded that it is appropriate to adopt the going concern basis having considered the financial projections of the Company and the Group up to 28 February 2026, a period of at least 12 months from the date of signing the accounts. Consequently, the directors are confident that the Company and Group will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- XTRAC LIMITED · parent
- Xtrac Inc 1%
Significant events
- “During the prior year Middle Ground Capital (MGC) acquired the majority of the shareholding in Viola Holdco Limited, the Company's previous ultimate parent company. As part of the new corporate structure the new ultimate parent company is Stingray Topco Limited.”
- “In the current year the Company was awarded the FIA 2 Star environment Accreditation and are proud to be one of the first top tier motorsport suppliers to achieve this.”
- “The Company has also been awarded Employer of the Year 2024 at the Thames Valley 250 Company awards and a Most Loved Workplace certification.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLGATE, James | Director | 2025-12-19 | Mar 1987 | British |
| HATT, Steven Geoffrey | Director | 2023-01-01 | Nov 1983 | British |
| KNIGHT, Kirsten Joanne | Director | 2023-01-01 | Nov 1972 | British |
| MOORE, Adrian Paul | Director | 2002-01-02 | Jun 1966 | British |
| SETTER, James Anthony John | Director | 2023-01-01 | Sep 1979 | British |
| WILSON, Mark Gerrard | Director | 2025-04-11 | Mar 1974 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DIGBY, Peter | Secretary | — | 2023-07-27 |
| BARKER, Simon David | Director | 2006-01-01 | 2014-10-27 |
| DAENEN, Piet Hubert | Director | 2019-03-11 | 2020-03-31 |
| DIGBY, Peter | Director | — | 2023-07-27 |
| ENDEAN, Michael Bruce | Director | — | 2000-07-20 |
| ENDEAN, Shirley Ann | Director | — | 1999-09-30 |
| HALLEY, Martin Anthony | Director | 2015-10-01 | 2023-07-27 |
| HAWKINS, Clifford Arthur | Director | 1997-12-01 | 2022-12-30 |
| JAMES, John Charles | Director | 1997-12-01 | 2004-08-31 |
| KOOPMAN, George Arthur | Director | 2000-01-04 | 2013-09-25 |
| LANE, Stephen John Roger | Director | 2011-10-03 | 2025-04-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Xtrac Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 147 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-02 RESOLUTIONS Resolution
- 2023-10-30 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-15 | AA01 | accounts | Change account reference date company current extended | |
| 2025-06-09 | CH01 | officers | Change person director company with change date | |
| 2025-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-21 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-10 | CH01 | officers | Change person director company with change date | |
| 2024-04-12 | AA | accounts | Accounts with accounts type full | |
| 2023-11-02 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-30 | CC04 | change-of-constitution | Statement of companys objects | |
| 2023-08-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-08-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-06-13 | AA | accounts | Accounts with accounts type full | |
| 2023-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.