Company Overview
Trax Commercial Limited is a Dissolved Private Limited Company.
Registered Address

The Old Bank 187A Ashley Road, Hale, Cheshire, WA15 9SQ
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Companies House Data
Company NameTRAX COMMERCIAL LIMITED
Company Number08505662
Registered Office AddressThe Old Bank 187a Ashley Road
 Hale
 WA15 9SQ
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date26/04/2013
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2019
Accounts Last Made Up Date31/03/2018
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date25/05/2017
Returns Last Made Up Date27/04/2016
Directors & Members
Mathew Conway - Director
(Welsh, 50 years old, born August 1976)
Appointed 09 May 2013
Active
John O'boyle - Director
(British, 55 years old, born May 1971)
Appointed 09 May 2013
Active
Andrew Wood - Director
(British, 52 years old, born November 1974)
Appointed 26 April 2013
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Mathew Conway
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ENERJ8 WINSFORD LIMITED
ENERJ8-HOOGO EUROPE LIMITED
G2A LIMITED
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MODERNKULTURE LIMITED
OBCON SOLUTIONS LIMITED
OSL ENGINEERING SERVICES LIMITED
OSL FABRICATION LTD
OSL GLOBAL LIMITED
OSL RAIL LIMITED
RAILTRANZ SYSTEMS LIMITED
RAILWAY EXCHANGE TRAINING ACADEMY LIMITED
SITEC TRANSPORTATION SERVICES LIMITED
TRAC PROPERTY LIMITED
WE3 PROPERTY SERVICES LIMITED
WR ESTATES LIMITED
Andrew Wood
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SOUTH & NORTH CHESHIRE CHAMBER OF COMMERCE & INDUSTRY LTD
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Balance Sheet Unlock full report
Accounts Date 31-Mar-2018 31-Mar-2017 31-Mar-2016
Balance Sheet
Fixed Assets 0 0 0
Current Assets 2,062,760 1,311,734 1,414,642
Creditors Due Within One Year 858,504 1,004,258 1,139,386
Working Cap 1,204,256 307,476 275,256
Total Assets Less Current Liabilities 1,204,256 307,476 275,256
Long-term Liabilities 0 0 0
Net Assets 1,204,256 307,476 275,256
Share Capital & Reserves
Share Cap - - 300
Profit & Loss Reserves - - 274,956
Other Reserves - - 0
Shareholders Funds 1,204,256 307,476 275,256
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2018 31-Mar-2017 31-Mar-2016
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - 87.6%
Debtors 58.7% 2.6% 3.6%
Cash Bank In Hand 19.8% 2.0% 8.9%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 41.6% 76.6% 80.5%
Net Current Assets Liabilities 58.4% 23.4% 19.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - 0.0%
Share Capital Allotted Called Up Paid - - 0.0%
Profit Loss Account Reserve - - 19.4%
Shareholder Funds 58.4% 23.4% 19.5%
Capital Employed - - -
Total Assets Less Current Liabilities 58.4% 23.4% 19.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2018 31-Mar-2017 31-Mar-2016
Liquidity Ratio 2.4 1.3 1.2
Solvency Ratio 2.4 1.3 1.2
Reserves to Assets - - 0.2
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2018 31-Mar-2017 31-Mar-2016
Assets 2,062,760 1,311,734 1,414,642
Debt 858,504 1,004,258 1,139,386
Net Assets/Debt 1,204,256 307,476 275,256
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a Members' voluntary winding up
Registered office address changed from The Weston Centre Weston Road Crewe Cheshire CW1 6FL to The Old Bank 187a Ashley Road Hale Cheshire WA15 9SQ on 6 November 2019
Declaration of solvency
Appointment of a voluntary liquidator
Resolutions
Amended total exemption full accounts made up to 31 March 2018
Confirmation statement made on 27 April 2019 with no updates
Satisfaction of charge 085056620001 in full
Satisfaction of charge 085056620002 in full
Confirmation statement made on 27 April 2018 with no updates
Confirmation statement made on 27 April 2017 with updates
Annual return made up to 27 April 2016 with full list of shareholders
Registration of charge 085056620002, created on 29 December 2015
Registration of charge 085056620001, created on 30 November 2015
Director's details changed for Mr Andrew John Wood on 23 June 2015
Annual return made up to 27 April 2015 with full list of shareholders
Annual return made up to 26 April 2015 with full list of shareholders
Second filing of AR01 previously delivered to Companies House made up to 26 April 2014
Previous accounting period shortened from 30 April 2014 to 31 March 2014

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