Groundtrax Systems Limited

Groundtrax Systems Ltd from Royston, UK, is a small holding company with an active status, established fourteen years ago in 2011. Employing just three people, the company holds assets valued at £3,570,560 and operates from a real address. With four directors and a single owner, Groundtrax Systems Ltd runs an e-commerce site and maintains a respectable 5.0 Google rating based on three reviews. The company regularly imports plastics and plastic products (41 months), with the last import occurring in January 2025, and exports these products irregularly (2 months), with the most recent export in September 2024.

The company's website showcases a construction material wholesaler, operating in the construction installation, retail sale via mail order, and retail sale not in stores industries. It’s a private limited company, and its core business involves the supply of plastics and related products. The website also mentions a focus on customer service and competitive pricing.

Financially, Groundtrax Systems Ltd presents a mixed picture. Cash reserves have decreased significantly by 46%, falling to £1,100,000. Trade debtors have increased by 8.1%, reaching £640,000, while creditors have decreased by 30%, settling at £270,000. Net losses deepened by 38%, reaching -£430,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The sharp decline in equity is a notable trend, and the increase in bank borrowings suggests a need for additional funding. As a small company, it's likely exempt from an audit, so the financial statements are unaudited.

The company’s recent acquisition by Origin UK Operations Ltd, announced in November 2024, could signal a shift in strategy or provide much needed financial support. It remains to be seen how this change will impact Groundtrax Systems Ltd's future performance.

Registered in England/Wales under the registration number 07493268, with a registered address at SG8 5HW, United Kingdom, Royston, Hertfordshire, 1-3 Freeman Court Jarman Way, Orchard Road.

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