Trakke Ltd

Trakke Ltd from Glasgow, UK, is a small holding company with an active status, established ten years ago in 2014. Employing eighteen people, it holds £240,894 in assets and operates from a real address shared with only one other company. Two directors and three owners (though this list may not be exhaustive) guide the business. The company regularly imports miscellaneous metal items – four months of import activity were recorded, the last in May 2024 – and irregularly exports leather goods, travel bags, and animal harnesses, with just one month of export activity noted, occurring in November 2022.

The company’s website showcases a range of waxed canvas backpacks, messenger bags, and accessories, alongside a selection of other brands like Snow Peak and Kinto. It even offers customisation options and a "Make Your Own" section, indicating a focus on quality and bespoke products. The website’s extensive currency converter suggests a global customer base, catering to shoppers in over 200 countries. The company also has a blog with customer stories, reinforcing its community-focused approach.

Financially, Trakke Ltd presents a mixed picture. Current assets have decreased by 30% to £240,000, while net assets have fallen by 28% to £150,000. Bank borrowings have significantly reduced by 32%, reaching £52,000, which could indicate improved cash flow management. However, cash reserves have plummeted by 69%, dropping to £60,000 – a substantial decrease. Trade debtors have increased by a whopping 130%, potentially reflecting a shift in credit terms or delayed payments. The company’s small size (meeting two of three conditions for a small company) helps maintain flexibility, but the decline in equity warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Trakke Ltd seems to be navigating a period of change. While its online presence and product range are impressive, the financial data suggests a need for careful management of cash flow and a focus on converting debtors into cash.

Registered in Scotland under the registration number SC490259, with a registered address at G3 8QG, Glasgow, First Floor, Swg3, 100 Eastvale Place.

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