TRAX TECH EUROPE LIMITED

🌳Matureactive

SC208458 · ltd · incorporated 2000-06-23

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

73/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Data processing, hosting and related activities

Sector: Information & communication

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

16 officers (3 active, 16 linked, 9 with DOB)

Ownership & PSC

0 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

105 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Average employees	4	400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (49 events)Click to expand

2025-09-30
📄
accounts-with-accounts-type-small
accounts · AA
2024-09-30
📄
accounts-with-accounts-type-small
accounts · AA
2024-07-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-07-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-07-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-07-11
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-29
📄
accounts-with-accounts-type-small
accounts · AA
2022-12-20
📄
accounts-with-accounts-type-full
accounts · AA
2022-08-18
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-18
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-18
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-18
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-22
➖
RF SECRETARIES LIMITED resigned
corporate-secretary
2022-07-22
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-12-29
📄
accounts-with-accounts-type-small
accounts · AA
2021-12-02
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2021-06-08
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-06-07
➕
RF SECRETARIES LIMITED appointed
corporate-secretary
2020-12-31
📄
accounts-with-accounts-type-small
accounts · AA
2020-06-17
📄
change-person-secretary-company-with-change-date
officers · CH03
2019-03-20
➕
MURRAY, Elizabeth St Clair Smith appointed
secretary
2018-10-01
➕
WHITE, Sean Christopher appointed
director
2018-10-01
➖
COUGHLIN, Elizabeth Reid resigned
director
2018-08-01
➕
MORSE JR, Robert Lee appointed
director
2018-07-27
➖
BAPTISTE, Donald Harold resigned
director
2017-11-28
➖
CAMPBELL, Lorraine resigned
secretary
2016-12-09
➕
COUGHLIN, Elizabeth Reid appointed
director
2016-12-09
➖
WESTBERG, Steven Clarence resigned
director
2016-08-01
➕
CAMPBELL, Lorraine appointed
secretary
2016-08-01
➖
HENDERSON, David Barclay Bruce resigned
secretary
2016-08-01
➕
BAPTISTE, Donald Harold appointed
director
2016-08-01
➖
CHUTE, Alan resigned
director
2016-08-01
➖
NELSON, Jerald Scott resigned
director
2016-08-01
➕
WESTBERG, Steven Clarence appointed
director
2016-07-01
➖
HENDERSON, David Barclay Bruce resigned
director
2016-04-08
➖
FENNELL, Grainne Mary resigned
director
2016-03-01
➕
FENNELL, Grainne Mary appointed
director
2000-07-04
➕
HENDERSON, David Barclay Bruce appointed
secretary
2000-07-04
➖
MACLAY MURRAY & SPENS LLP resigned
corporate-nominee-secretary
2000-07-04
➕
CHUTE, Alan appointed
director
2000-07-04
➕
HENDERSON, David Barclay Bruce appointed
director
2000-07-04
➕
NELSON, Jerald Scott appointed
director
2000-07-04
➖
VINDEX LIMITED resigned
corporate-nominee-director
2000-07-04
➖
VINDEX SERVICES LIMITED resigned
corporate-nominee-director
2000-06-23
🏢
Company incorporated
As TRAX TECH EUROPE LIMITED
2000-06-23
➕
MACLAY MURRAY & SPENS LLP appointed
corporate-nominee-secretary
2000-06-23
➕
VINDEX LIMITED appointed
corporate-nominee-director
2000-06-23
➕
VINDEX SERVICES LIMITED appointed
corporate-nominee-director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Similar companies

Active · Technology · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
VIRAL VIEWS LTD→ SC685000 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
VIRIDA LIMITED→ SC878179 · est 2026 · no financials extracted	—	—	—	—	—	—	—
VISIONLY LTD→ SC841984 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
VOICESECURE LIMITED→ SC337837 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
VOLARO LIMITED→ SC248578 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
WAGEPERKS LTD→ SC824820 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
WALLACE VENTURES (SCOTLAND) LTD→ SC751756 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
WAYON LTD→ SC847691 · est 2025 · no financials extracted	—	—	—	—	—	—	—
WILD & KIND CIC→ SC571888 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
WRIGHT HERE WRIGHT NOW LTD→ SC703170 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
WRIGHT WORDS LTD→ SC658889 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
XONOLITH LIMITED→ SC855539 · est 2025 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2000-06-23

Jurisdictionscotland

Primary SIC63110 — Data processing, hosting and related activities

Registered office

C/O Johnston Carmichael

227 West George Street

Glasgow

Lanarkshire

G2 2ND

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-07-25

Last: 2025-07-11

Officers (3 active · 13 resigned)

MURRAY, Elizabeth St Clair Smith→

secretary · appointed 2019-03-20

View their other companies + combined net worth →

Active

MORSE JR, Robert Lee→

director · ~55y · appointed 2018-08-01

View their other companies + combined net worth →

Active

WHITE, Sean Christopher→

director · ~55y · appointed 2018-10-01

View their other companies + combined net worth →

Active

CAMPBELL, Lorraine→

secretary · appointed 2016-08-01 · resigned 2017-11-28

Resigned

HENDERSON, David Barclay Bruce→

secretary · appointed 2000-07-04 · resigned 2016-08-01

Resigned

MACLAY MURRAY & SPENS LLP→

corporate-nominee-secretary · appointed 2000-06-23 · resigned 2000-07-04

Resigned

RF SECRETARIES LIMITED→

corporate-secretary · appointed 2021-06-07 · resigned 2022-07-22

Resigned

BAPTISTE, Donald Harold→

director · ~57y · appointed 2016-08-01 · resigned 2018-07-27

Resigned

CHUTE, Alan→

director · ~67y · appointed 2000-07-04 · resigned 2016-08-01

Resigned

COUGHLIN, Elizabeth Reid→

director · ~41y · appointed 2016-12-09 · resigned 2018-10-01

Resigned

FENNELL, Grainne Mary→

director · ~46y · appointed 2016-03-01 · resigned 2016-04-08

Resigned

HENDERSON, David Barclay Bruce→

director · ~61y · appointed 2000-07-04 · resigned 2016-07-01

Resigned

NELSON, Jerald Scott→

director · ~70y · appointed 2000-07-04 · resigned 2016-08-01

Resigned

WESTBERG, Steven Clarence→

director · ~71y · appointed 2016-08-01 · resigned 2016-12-09

Resigned

VINDEX LIMITED→

corporate-nominee-director · appointed 2000-06-23 · resigned 2000-07-04

Resigned

VINDEX SERVICES LIMITED→

corporate-nominee-director · appointed 2000-06-23 · resigned 2000-07-04

Resigned

Click a director name to see their full track record across all companies.

Recent filings (105 total)

accounts-with-accounts-type-small

accounts · AA

2025-09-30

confirmation-statement-with-updates

confirmation-statement · CS01

2025-07-25

accounts-with-accounts-type-small

accounts · AA

2024-09-30

confirmation-statement-with-updates

confirmation-statement · CS01

2024-07-12

change-person-director-company-with-change-date

officers · CH01

2024-07-11

change-person-director-company-with-change-date

officers · CH01

2024-07-11

change-person-director-company-with-change-date

officers · CH01

2024-07-11

change-person-director-company-with-change-date

officers · CH01

2024-07-11

accounts-with-accounts-type-small

accounts · AA

2023-09-29

confirmation-statement-with-updates

confirmation-statement · CS01

2023-07-31

accounts-with-accounts-type-full

accounts · AA

2022-12-20

confirmation-statement-with-updates

confirmation-statement · CS01

2022-08-18

change-person-director-company-with-change-date

officers · CH01

2022-08-18

change-person-director-company-with-change-date

officers · CH01

2022-08-18

change-person-director-company-with-change-date

officers · CH01

2022-08-18