How much does Track Components Ltd make?

Track Components Ltd reported revenue of £19.9m and £5.4m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Track Components Ltd have?

Track Components Ltd reported an average of 47 employees in the year to 31 Dec 2025.

Is Track Components Ltd profitable?

Yes — Track Components Ltd reported a profit of £5.4m in the year to 31 Dec 2025.

Company No. 04650681 · Incorporated 29 Jan 2003

Track Components Ltd

Registered name: TRACK COMPONENTS LTD

Part of Spectrum Medical Group Limited group

Track Components Ltd made £19.9m revenue and £5.4m profit in the year to 31 Dec 2025.

Track Components Ltd’s revenue grew 64% to £19.9m in the year to 31 Dec 2025, with £5.4m profit and 47 employees. The company is classified under “machining” and is based in Gloucester; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25620Machining

Status: Active
Location: Gloucester, South West
Age: 23 yrs · since 2003
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage

Revenue

£19.9m

Growth ▲63.8%

Profit

£5.4m

Growth ▲128.2%

Profit margin

27.3%

Gross 50.9%

Employees

Change ▲11.9%

Profit / employee

£115k

Revenue/employee £423k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2022	30 Nov 2023	30 Nov 2024	31 Dec 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£10.5m	£12.1m	£19.9m
Cost of sales	—	£5.7m	£6.3m	£9.7m
Gross profit	—	£4.8m	£5.9m	£10.1m
Operating profit	—	£2.6m	£3.1m	£6.9m
Profit before tax	—	£2.6m	£3.2m	£7m
Profit after tax	—	£2.5m	£2.4m	£5.4m
Profit (best available)	—	£2.5m	£2.4m	£5.4m
Staff costs	—	£1.9m	£1.9m	£2.4m
Employees (average)	45	44	42	47
Ratios
Profit margin	—	24%	19.6%	27.3%
Gross margin	—	45.8%	48.4%	50.9%
Revenue per employee	—	£239k	£289k	£423k
Profit per employee	—	£57.2k	£56.6k	£115k
Growth (year on year)
Revenue growth	—	—	▲15.6%	▲63.8%
Profit growth	—	—	▼5.6%	▲128.2%
Headcount growth	—	▼2.2%	▼4.5%	▲11.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£899k	£5.3m	£7.1m	£7m
Net assets	£9.1m	£9.5m	£11.3m	£16.7m
Fixed assets	£2.8m	£1.8m	£1.8m	£2m
Current assets	£7.5m	£9.5m	£11.4m	£16.5m
Debtors	£1.2m	£1.4m	£1.2m	£615k
Source	FilletedAccounts · bulk data Aug 2024	FilletedAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 27.3%; Profit ÷ revenue.
Gross margin: 50.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £423k; Revenue ÷ average employees.
Profit per employee: £115k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲48%; Now £16.7m
Cash at bank: ▼2%; Now £7m
Headcount: ▲12%; Now 47
Deferred income: —; Now —
Fixed assets: ▲12%; Now £2m

Corporate ownership

Group structure

Ownership chain

Spectrum Medical Group Limitedultimate parent75–100%
Track Group Holdings Limited75–100%
Track Components Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Track Medical LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £5.4m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.