TRAC PRECISION SOLUTIONS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -10.2%

  £24,757,000 → £22,224,000

  lowest in 3 filed years

• Cash

  +125.4%

  £508,000 → £1,145,000

  highest in 3 filed years

• Net assets

  -58.5%

  £11,924,000 → £4,949,000

  lowest in 3 filed years

• Employees

  -0.6%

  163 → 162

  lowest in 3 filed years

• Operating profit

  -31.2%

  £1,910,000 → £1,315,000

  first positive since 2023

• Profit before tax

  -32.7%

  £1,522,000 → £1,025,000

  first positive since 2023

• Wages

  -7.1%

  £7,001,000 → £6,504,000

  lowest in 3 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

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.

1. TRAC PRECISION SOLUTIONS LIMITED 2023-04-26 → present
2. TRAC PRECISION MACHINING LIMITED 2004-07-01 → 2023-04-26
3. TRAC HAMMEC LIMITED 2004-01-07 → 2004-07-01
4. HS 193 LIMITED 2003-08-19 → 2004-01-07

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Smith Cooper Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have reviewed the current performance of the business as well as future expectations. The Company has prepared cash flow forecasts to ensure that sufficient finance will be available to meet obligations as they fall due, in line with the Company's business plan, for a period of not less than twelve months from the date of signature of these financial statements. Based on this assessment, the directors consider that the Company maintains an appropriate level of liquidity sufficient to meet the demands of the business, consequently the directors are confident that the Company will have sufficient funds to continue to meets its liabilities as the 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.”

Significant events

• “The Company has given a guarantee in favour of HMRC totalling £369,000 (2024: £369,000) in relation to Customs Clearance Guarantees.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.