VISIONTRACK LIMITED

1. VISIONTRACK LIMITED 2021-09-24 → present
2. MSG AUTOMOTIVE SOLUTIONS LIMITED 2016-02-20 → 2021-09-24
3. TONBRIDGE COACHWORKS LIMITED 2011-07-25 → 2016-02-20
4. INSURANCE CONNECTIONS LIMITED 1999-04-08 → 2011-07-25
5. SELECT GROUP LIMITED 1997-04-10 → 1999-04-08

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's immediate parent entity, Markerstudy Group Limited ("MGL"), has provided a letter of support confirming that it will continue to provide financial support to the Company such that it will continue to be able to meet its obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. The Markerstudy Group meets its day-to-day working capital requirements through its cash reserves and borrowings. The Markerstudy Group's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Group should be able to operate within the level of its current cash reserves and borrowings. On this basis, the Directors continue to prepare these financial statements on a going concern basis.”

Group structure

1. VISIONTRACK LIMITED · parent
   1. VisionTrack, Inc. 100% · United States of America · Telematics

Significant events

• “In September 2023 it was announced that the Markerstudy Group would acquire the UK personal lines broking businesses of the Ardonagh Group, with regulatory approval being received in May 2024 and the transaction completing in June 2024. The Company will seek to leverage the additional opportunities that being part of this enlarged group will offer, including utilising relationships with new insurers and streamlining the cost base of the combined Group.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -0.5%

  £23,586,000 → £23,479,000

• Cash

  +219.5%

  £266,000 → £850,000

• Net assets

  +0.2%

  -£9,250,000 → -£9,232,000

• Employees

  -22.1%

  104 → 81

• Operating profit

  +101.5%

  -£6,083,000 → £89,000

• Profit before tax

  +101.3%

  -£6,117,000 → £82,000

• Wages

  -45.8%

  £4,795,000 → £2,598,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers