TRACKWORK LIMITED
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Cash
£19m
-38% lowest in 3 filed years
Net assets
£46m
+0.9% highest in 3 filed years
Employees
356
+10.6% highest in 3 filed years
Profit before tax
£6.7m
-20.5% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £78,276,000 | £58,189,000 | £67,312,000 | +15.7% | |
| Operating profit | £7,894,000 | £3,811,000 | £3,603,000 | -5.5% | |
| Profit before tax | £10,725,000 | £8,462,000 | £6,724,000 | -20.5% | |
| Net profit | £8,557,000 | £7,011,000 | £5,417,000 | -22.7% | |
| Cash | £27,850,000 | £31,143,000 | £19,319,000 | -38% | |
| Total assets less current liabilities | £44,900,000 | £46,523,000 | £46,936,000 | +0.9% | |
| Net assets | £43,232,000 | £45,243,000 | £45,660,000 | +0.9% | |
| Equity | £43,232,000 | £45,243,000 | £45,660,000 | +0.9% | |
| Average employees | 338 | 322 | 356 | +10.6% | |
| Wages | £16,903,000 | £16,717,000 | £18,250,000 | +9.2% | |
| Directors' remuneration | £773,000 | £509,000 | £512,000 | +0.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | 10.1% | 6.5% | 5.4% | |
| Net margin | 10.9% | 12.0% | 8.0% | |
| Return on capital employed | 17.6% | 8.2% | 7.7% | |
| Gearing (liabilities / total assets) | 39.7% | 37.5% | — | |
| Current ratio | 2.08x | 2.18x | 2.58x |
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.
Name history
Renamed 4 times since incorporation
- TRACKWORK LIMITED 2005-06-27 → present
- TRACKWORK GROUP LIMITED 2002-10-09 → 2005-06-27
- TRACKWORK LIMITED 1978-12-31 → 2002-10-09
- TRACKWORK ASSOCIATES LIMITED 1976-12-31 → 1978-12-31
- BRUNAWORTH LIMITED 1976-07-29 → 1976-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hawsons Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- TRACKWORK LIMITED · parent
- Trackwork Resources Limited 60%
- New Horizons Apprentices Limited 0%
- Ballantine Castings Limited 90%
- Testing Installation Correlation Services (Global) Limited 100%
- Premier Rail Services Limited 100%
- BCD Trade Limited 0%
- Metal Products (Doncaster) Limited 100%
- Hawthorne Contract Services Limited 100%
Significant events
- “An interim dividend of £5m was paid during the year.”
- “Ballantine Castings Limited entered liquidation on 26 August 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RUSLING, Gail Marie | Secretary | 2016-06-01 | — | — |
| WAIND, Mark Jonathan Wilkinson | Director | 1997-10-01 | Jan 1961 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARTWRIGHT, John Robert | Secretary | 2006-02-02 | 2016-06-01 |
| WAIND, Mark Jonathan Wilkinson | Secretary | 1999-01-29 | 2006-02-02 |
| WOOD, Peter Horrocks | Secretary | — | 1999-01-29 |
| CAHILLANE, Gearoid | Director | 2009-09-01 | 2009-09-01 |
| FILBY, Alan Victor | Director | 1992-12-14 | 2000-03-30 |
| FOWLES, Nicholas | Director | 2005-08-04 | 2015-10-27 |
| HEUBECK, Peter John | Director | 2009-09-21 | 2011-08-31 |
| JACKSON, Stephen | Director | 2005-08-04 | 2007-11-05 |
| JACKSON, Stephen | Director | 2001-10-01 | 2002-09-30 |
| LEE, Simon Philip | Director | 2005-09-08 | 2026-03-27 |
| LEE, Simon Philip | Director | 2001-10-01 | 2002-09-30 |
| LODGE, Christopher Charles | Director | 2005-08-04 | 2015-09-30 |
| LODGE, Christopher Charles | Director | — | 2002-09-30 |
| MCCORMICK, John Eamonn | Director | 1996-03-11 | 2002-09-30 |
| MILEHAM, Trevor Ernest | Director | 2005-08-04 | 2007-09-30 |
| MILEHAM, Trevor Ernest | Director | 1992-12-14 | 2002-09-30 |
| SANDERSON, Roger John | Director | — | 1992-09-30 |
| WAIND, John Wilkinson | Director | — | 2012-09-30 |
| WAIND, Nellie Bernadette | Director | — | 2005-01-06 |
| WOOD, Peter Horrocks | Director | — | 1999-01-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Trackwork Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 167 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type full | |
| 2026-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2025-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-08 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-13 | AA | accounts | Accounts with accounts type full | |
| 2023-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-11 | AA | accounts | Accounts with accounts type full | |
| 2021-06-09 | AA | accounts | Accounts with accounts type full | |
| 2021-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-10 | AA | accounts | Accounts with accounts type full | |
| 2020-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-04 | AA | accounts | Accounts with accounts type full | |
| 2019-05-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2019-05-21 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.