Direct Track Solutions Limited

Direct Track Solutions Ltd from Sheffield UK: a small holding company with an active status, was founded 22 years ago in December 2002. The company employs 25 people and holds assets worth £5,089,183. It has a real address and is managed by one director and one owner, boasting a perfect 5.0 Google rating based on three reviews. The company regularly imports rubber and rubber products (66 months) and exports electrical machinery and equipment (3 months).

The company operates in the manufacture of other fabricated metal products, and has a website, though it’s not currently active. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Direct Track Solutions Ltd shows a mixed picture. Cash bank on hand increased by 14%, reaching £2.7 million, while current assets decreased by 7.7%, settling at £5.1 million. Trade debtors decreased by 29%, and creditors decreased by 42%, suggesting better debt management. However, net losses deepened, and bank borrowings surged. The company's small size helps it stay agile, but the sharp equity drop raises questions. The accounts are unaudited, and no auditor is mentioned.

The company’s financials indicate a period of adjustment. While cash reserves are healthy, the decrease in assets and increase in debt suggest a need for careful management. The company’s long history and positive Google rating suggest a solid foundation, but future performance will depend on its ability to navigate these financial challenges.

Registered in England/Wales under the registration number 04609088, with a registered address at S25 3AF, England, Sheffield, South Yorkshire, Units 9 & 10 Kingfisher Way, Dinnington.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.