TRACOIN SERVICES LIMITED
Get an alert when TRACOIN SERVICES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£23k
-96.3% lowest in 3 filed years
Net assets
£3.8m
+18.3% highest in 3 filed years
Employees
64
-4.5% vs 2024
Profit before tax
£830k
+3.4% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £4,852,539 | £5,300,210 | £6,326,290 | +19.4% | |
| Operating profit | £690,211 | £797,514 | £832,924 | +4.4% | |
| Profit before tax | £678,173 | £802,890 | £830,066 | +3.4% | |
| Net profit | £510,301 | £599,711 | £589,311 | -1.7% | |
| Cash | £682,167 | £622,357 | £22,859 | -96.3% | |
| Total assets less current liabilities | £3,269,341 | £3,449,270 | £3,815,896 | +10.6% | |
| Net assets | £2,619,854 | £3,219,565 | £3,808,876 | +18.3% | |
| Equity | £2,619,854 | £3,219,565 | £3,808,876 | +18.3% | |
| Average employees | 59 | 67 | 64 | -4.5% | |
| Wages | £2,402,674 | £2,766,985 | £3,593,282 | +29.9% | |
| Directors' remuneration | £190,615 | £690,957 | £590,782 | -14.5% | |
| Directors' pension contributions | £1,321 | £1,321 | £660 | -50% | |
| Highest paid director | £190,615 | £690,957 | £590,782 | -14.5% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 14.2% | 15.0% | 13.2% | |
| Net margin | 10.5% | 11.3% | 9.3% | |
| Return on capital employed | 21.1% | 23.1% | 21.8% | |
| Gearing (liabilities / total assets) | 35.0% | 32.7% | 21.3% | |
| Current ratio | 3.74x | 3.00x | 4.38x | |
| Interest cover | 27.67x | 48.30x | — |
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 2 times since incorporation
- TRACOIN SERVICES LIMITED 1996-02-01 → present
- WELLWIN ADMINISTRATION SERVICES LIMITED 1996-01-05 → 1996-02-01
- MAJORAPEX LIMITED 1995-12-07 → 1996-01-05
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company's financial statements have been prepared on a going concern basis which the directors believe to be appropriate... The Travel Corporation Group Limited has indicated its intention to continue to make available such funds as are needed”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOWIE, Derek Ivol David | Secretary | 2010-12-13 | — | — |
| HEFEL BÖHLER, Ulla | Director | 2025-06-19 | Apr 1975 | Austrian |
| HOWIE, Derek Ivol David | Director | 2001-02-13 | Apr 1965 | British |
| TOZER, Rupert Charles | Director | 2026-01-05 | Apr 1966 | British |
| VALLETTA, Yana | Director | 2025-06-09 | Aug 1978 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUNNEY, Kevin Richard | Secretary | 1996-05-15 | 2010-12-13 |
| HOWIE, Derek Ivol David | Secretary | 1996-02-23 | 1996-05-15 |
| LIVESEY, Michael Edward | Secretary | 1995-12-20 | 1996-02-23 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1995-12-07 | 1995-12-20 |
| BISHOP, Fenella Marina | Director | 1995-12-21 | 2010-12-13 |
| BUNNEY, Kevin Richard | Director | 1995-12-20 | 2010-12-13 |
| CHAPMAN, Annaliesa | Director | 2010-12-13 | 2018-02-19 |
| GIBB, Howard Maxwell | Director | 1997-04-17 | 2007-05-31 |
| HALL, Benjamin Robin | Director | 2018-02-19 | 2022-02-22 |
| LEPPARD, Martin Neal | Director | 1996-05-15 | 1997-04-17 |
| MEBS, Bertrand | Director | 2010-12-13 | 2019-02-25 |
| NOCENT, Giorgio | Director | 2022-02-22 | 2025-06-13 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1995-12-07 | 1995-12-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Apollo Global Management, Inc. | Corporate entity | Significant influence | 2026-01-01 | Active |
| The Travel Corporation Contracting Services Limited | Corporate entity | Shares 75–100% | 2023-01-01 | Ceased 2025-12-31 |
| Ms Victoria Tollman O'Hana | Individual | Shares 50–75% | 2016-04-06 | Ceased 2023-01-01 |
Filing timeline
Last 20 of 110 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-24 | AA | accounts | Accounts with accounts type full | |
| 2026-08-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-07-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-07-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-06-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-12-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-22 | AA | accounts | Accounts with accounts type full | |
| 2022-02-23 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
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.