Track Components Ltd

Track Components Ltd is a small, active holding company based in Rickmansworth, UK. Founded twenty-two years ago in 2003, the company employs forty-five people and holds assets totaling £9,450,173. It operates from a virtual address, a fact highlighted by the presence of fifty-eight other companies registered at the same location. The business is overseen by four directors and has one reported owner, though this list may not be exhaustive.

The company’s core activity involves machining, and it’s a regular exporter of machinery, boilers, and mechanical appliances, with sixty-six months of export activity recorded, the latest in February 2025. However, it’s an irregular importer, bringing in electrical machinery and equipment for just one month, the latest import operation in May 2024.

Financially, Track Components Ltd shows some interesting trends. Current assets have increased by 25%, reaching £9,500,000, while net assets have also risen by 5.1%, standing at £9,800,000. Cash reserves have seen a significant boost, increasing by 490% to £5,300,000. However, trade debtors have also risen, increasing by 13% to £1,400,000. Creditors have increased by 47%, reaching £1,200,000. Bank borrowings have increased by 2,400%, reaching £29,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it stay agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s financial data also reveals some interesting details about its depreciation and property plant equipment. Accumulated depreciation impairment property plant equipment for Land Buildings has decreased by 100%, while for Plant Machinery, it has increased by 30%. The company’s total additions including from business combinations for Plant Machinery have remained constant at £1,200,000.

Overall, Track Components Ltd appears to be in a reasonably healthy position, with growing assets and cash reserves. However, the increase in trade debtors and creditors suggests a need for careful management of working capital. The company’s holding company status and the presence of a virtual address add complexity to its operations, but its consistent export activity and niche market position provide a solid foundation for future growth.

Registered in England/Wales under the registration number 04650681, with a registered address at WD3 1DD, United Kingdom, Rickmansworth, Hertfordshire, 24 Church Street.

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