Trac Limited

Trac Limited is a small, holding company based in Dudley, UK, with an active status. Founded fifty years ago in 1975, it employs twenty-four people and holds assets totaling £1,465,245. The company has five directors and one owner, and its registered address is real, with only one other company registered at the same location. Trac Limited operates in the other service activities n.e.c. industries and is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring in October 2024.

The company’s website, TRAC Aircon, showcases a comprehensive range of air conditioning services, from installation and maintenance to repairs and energy assessments. It caters to a variety of sectors, including commercial, retail, leisure, industrial, and residential, offering a wide selection of air conditioning units and related equipment. The site also highlights the company’s expertise in close control applications and its commitment to providing energy-efficient solutions. The website has a gallery and news section, and even offers recruitment opportunities.

Financially, Trac Limited’s recent performance presents a mixed picture. Current assets have significantly decreased by 45%, dropping to £1.5 million, while net assets have plummeted 77%, settling at £410,000. Cash reserves have also taken a hit, falling 76% to £380,000. Trade debtors remain relatively stable, however, creditors have increased by 17%, reaching £1.2 million. Bank borrowings have increased too. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids some reporting requirements, and the figures are unaudited. Depreciation on motor vehicles has increased by 13%, which could be due to new vehicle purchases.

Despite the decline in net assets, Trac Limited’s ongoing operations and wide range of services suggest a business that’s adapting to changing market conditions. The company’s long history and established reputation in the air conditioning industry provide a solid foundation for future growth, even if it’s facing some financial headwinds.

Registered in England/Wales under the registration number 01200842, with a registered address at DY1 4RH, 2 Castle Gate Way Dudley, West Midlands, Ags Accountants & Business Advisors Ltd, Castle Court.

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