TRACSIS PLC

1. TRACSIS PLC 2007-11-22 → present
2. TRACSIS LIMITED 2004-01-19 → 2007-11-22

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

IFRS

Reporting scope

Consolidated group

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if: In our opinion: [...] the Directors' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or the Directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Group's or the parent company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from when the financial statements are authorised for issue. We have nothing to report in respect of these matters.”

Group structure

1. TRACSIS PLC · parent
   1. Tracsis Rail Consultancy Limited 100% · England and Wales · Rail industry consultancy
   2. Tracsis Limited 100% · England and Wales · Rail industry software
   3. MPEC Technology Limited 100% · England and Wales · Remote event and condition monitoring

Significant events

• “2024: First deployment of PTC Train Dispatch solution completed in North America”
• “2025: Won Tap Converter smart ticketing contract to power pay-as-you-go travel across UK National Rail”
• “2025: DEFRA / RPA contract win with UK government”
• “2024 (December): Completed roll out of Railhub safety and risk management platform with Network Rail”

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

Filings

20

last 12 months

Capital events

12

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +1.1%

  £81,022,000 → £81,890,000

• Cash

  +16.8%

  £19,773,000 → £23,089,000

• Net assets

  -4.6%

  £68,169,000 → £65,007,000

• Employees

  -13.1%

  573 → 498

• Operating profit

  -588.3%

  £967,000 → -£4,722,000

• Profit before tax

  -473.1%

  £995,000 → -£3,712,000

• Wages

  +3.3%

  £37,797,000 → £39,055,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers