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Company No. 07493268 · Incorporated 14 Jan 2011

Groundtrax Systems Limited

Registered name: GROUNDTRAX SYSTEMS LIMITED

Part of Origin Enterprises Public Limited Company group

Groundtrax Systems Limited made £431k profit in the year to 31 Jan 2024 (revenue not disclosed).

Groundtrax Systems Limited reported £431k profit in the year to 31 Jan 2024, down 38% on the year before; its revenue was not disclosed. It had 3 employees. The company is classified under “other construction installation” and is based in Royston; we hold 2 years of its filed accounts.

Profit onlySection F · ConstructionSIC 43290Other construction installationSIC 47910Retail sale via mail order houses or via InternetSIC 47990Other retail sale not in stores, stalls or markets
Status
Active
Location
Royston, East of England
Age
15 yrs · since 2011
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 Jan 2024

Key figures

Small teamBoring industry
Revenue
—
Not disclosed in filing
Profit
£431k
Growth ▼37.7%
Profit margin
—
 
Employees
3
Change 0%
Profit / employee
£144k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202331 Jan 2024
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£692k£431k
Profit (best available)£692k£431k
Employees (average)33
Ratios
Profit margin——
Profit per employee£231k£144k
Growth (year on year)
Profit growth—▼37.7%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£2m£1.1m
Net assets£2.3m£2.7m
Fixed assets£184k£32.5k
Current assets£2.9m£3.6m
Debtors£590k£637k
Deferred income£15.6k£200k
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£144k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▲16%
Now £2.7m
Cash at bank
▼46%
Now £1.1m
Headcount
0%
Now 3
Deferred income
▲1180%
Now £200k
Fixed assets
▼82%
Now £32.5k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Origin Enterprises Public Limited Company (registered outside the UK register)ultimate parent75–100%
  2. Origin Enterprises UK Limited75–100%
  3. Origin UK Operations Limited75–100%
  4. Groundtrax Systems Limitedthis company

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

Sister companies (15)

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 Jan 2024 (profit £431k), from the Companies House accounts bulk data published Oct 2024. 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.