Track It Now Limited

Track It Now Ltd, based in Kettering, UK, is a small, active holding company established seventeen years ago. Employing eleven people, the company holds assets valued at £3,076,386, operating from a virtual address registered with ten other companies. The business is led by two directors and has one owner, maintaining a respectable Google rating of 4.0 based on six reviews. It’s a regular importer of electrical machinery and equipment, with recent activity recorded in September 2024.

The company’s core function is vehicle tracking and fleet management, offering solutions ranging from basic tracking to advanced features like tachograph analysis and camera integration. Their website highlights a range of services, including GPS vehicle tracking, remote tachograph download, and plant tracking—catering to businesses of all sizes. They even offer connected cameras with built-in tracking, and free dedicated tracking apps for smartphones and tablets. The company’s marketing emphasizes award-winning functionality, reliable service, and lifetime warranties on rental devices.

Financially, Track It Now Ltd presents a mixed picture. While current assets increased by 8.6% to £3,100,000, net assets remained relatively stable at £1,500,000. Bank borrowings decreased significantly by 31%, falling to £130,000, which is a positive sign. However, cash reserves took a hit, dropping 72% to just £5,000. Creditors also increased by 28%, reaching £1,500,000, and trade debtors rose by 11% to £2,700,000. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the decrease in cash reserves warrants attention. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company’s reliance on Dotm Ltd as its owner, and the decrease in cash reserves, suggests it may be burning through money.

Registered in England/Wales under the registration number 06277731, with a registered address at NN15 7HH, Kettering, Northants, Portland House, 11-13 Station Road.

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