Trac International Limited

Trac International Limited, based in Aberdeen, UK, is a holding company with an active trading status. Established 26 years ago in 1999, it employs 20 people and holds assets valued at £4,292,434. The company operates from a registered address in Aberdeen, though it's considered a virtual address as 34 companies share the same location. It's led by three directors and owned by Hawthorn Douglas Henderson.

The company's core business revolves around importing and exporting electrical machinery and equipment, with a consistent record of 384 months of import activity and 211 months of export activity. It also owns several subsidiaries, including Radio Design Limited, Trac Oil & Gas Limited, Trac HLM Limited, Trac Energy Limited, and Trac Engineering Limited. The company operates in the other business support service activities n.e.c. industries.

Financially, Trac International Limited presents a mixed picture. While current assets increased by 23% to £4,300,000, net assets decreased by 5.5% to £8,700,000. Bank borrowings decreased by 16% to £320,000, and cash reserves fell 65% to £10,000. Creditors increased by 100% to £4,600,000, which is a significant jump. The company’s small size helps it stay agile, but the equity drop raises questions. The company’s auditor is Azets Audit Services.

The company’s focus on importing and exporting electrical equipment, combined with its ownership of diverse subsidiaries, suggests a complex business model. The financial data indicates a period of adjustment, with increased debt and decreased cash reserves. It’s likely the company is reinvesting in its operations or facing increased competition, but the long history of import and export activity suggests a resilient business.

Registered in Scotland under the registration number SC193766, with a registered address at AB10 1YN, Scotland, Aberdeen, Aberdeen City, 37 Albyn Place.

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