Trackershop Limited

Trackershop Limited, based in Potters Bar, UK, is a small, active company founded thirteen years ago in 2011. Employing eleven people and boasting £1,684,061 in assets, it operates from a virtual address shared by 332 other companies, a detail that raises some questions. The company is led by four directors, though no individual owners are currently listed, suggesting a shared ownership structure. Trackershop Limited runs an e-commerce site specializing in GPS tracking devices and vehicle security systems.

The website showcases a wide range of products, from basic trackers to sophisticated ghost immobilisers, catering to both personal and commercial customers. It highlights installation services, insurance-approved trackers, and even offers a quiz to help customers find the right product for their needs. The site’s extensive product catalog and focus on security solutions indicate a clear strategy of establishing itself as a one-stop shop for vehicle protection.

Financially, Trackershop Limited’s recent performance presents a mixed picture. Average employee numbers jumped significantly by 100% to twenty-two, which could indicate expansion, but also increased costs. Cash bank on hand increased by 22% to £200,000, a positive sign, but creditors rose by a substantial 91% to £800,000. Debtors also increased considerably, up 210% to £220,000. Bank borrowings, however, remained stable. While the company’s net assets grew by 74% to £910,000, the increase in liabilities suggests it’s actively investing in its business. Corporation tax payable also increased by 110% to £270,000. The company’s small size (meeting two of three criteria for a small company) means it's exempt from an audit, so the figures are unaudited.

Overall, Trackershop Limited seems to be growing, but it’s also taking on more debt to fuel that growth. The virtual address, while common, warrants further scrutiny, and the increase in liabilities needs to be monitored closely to ensure the company remains financially healthy.

Registered in England/Wales under the registration number 07792830, with a registered address at EN6 5AS, England, Potters Bar, Hertfordshire, C/O Michael Filiou Ltd Salisbury House, 81 High Street.

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