Trak Global Group

OverviewSuggest Edit

Trak Global Group develops hardware & app-based telematics platforms for the high-growth usage-based insurance and fleet management markets, both in the UK and overseas. Company's capability spans product design through to data analytics, and its market-leading app technologies mean Trak Global Group is ideally placed to capitalise on the convergence of OEMs, insurers and consumers around both connected car and new usage-based mobility models.

TypePrivate
Founded2009
HQCheshire East, GB
Websitetrakglobalgroup.com

Latest Updates

Employees (est.) (Jan 2021)73(-1%)
Revenue (FY, 2018)£20 M(+17%)
Cybersecurity ratingBMore

Key People/Management at Trak Global Group

Nick Corrie

Nick Corrie

CEO & Founder
Ed Rochfort

Ed Rochfort

Managing Director
Bob Skerrett

Bob Skerrett

CEO, IMS, Insurance Division
Andrew Brown-Allan

Andrew Brown-Allan

CMO
Leon Hurst

Leon Hurst

CEO, IMS, Mobility Division
Nino Tarantino

Nino Tarantino

CEO, IMS, Insurance Division (N. America)
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Trak Global Group Office Locations

Trak Global Group has offices in Cheshire East, Greater Manchester, Waterloo, Las Rozas de Madrid and in 1 other location
Cheshire East, GB (HQ)
Global House Westmere Dr
Greater Manchester, GB
111 Piccadilly
Waterloo, CA
101-445 Wes Graham Way
Las Rozas de Madrid, ES
Calle Dublín, 1
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Trak Global Group Financials and Metrics

Summary Metrics

Founding Date

2009
Show all financial metrics

Trak Global Group Revenue

Trak Global Group's revenue was reported to be £20.02 m in FY, 2018
GBP

Revenue (FY, 2018)

20.0m

Gross profit (FY, 2018)

7.1m

Gross profit margin (FY, 2018), %

35.4%

Net income (FY, 2018)

883.1k

EBIT (FY, 2018)

707.7k

Cash (30-Jun-2018)

1.9m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.2m7.6m13.0m17.2m20.0m

Cost of goods sold

4.6m8.7m11.2m12.9m

Gross profit

3.0m4.3m6.1m7.1m

Gross profit Margin, %

40%33%35%35%
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

373.1k1.2m2.6m2.6m1.9m

Accounts Receivable

1.2m1.6m1.9m2.0m

Inventories

188.9k533.0k317.6k1.5m925.4k

Current Assets

2.5m4.4m5.8m6.8m5.7m
GBPFY, 2014

Financial Leverage

7.4 x
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Trak Global Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Trak Global Group Online and Social Media Presence

Embed Graph

Trak Global Group Blogs

IMS and SOGO sign risk management contract to boost ultra-flexible leasing model

IMS (Insurance and Mobility Solutions), part of Trak Global Group, has partnered flexible vehicle leasing business SOGO to supply telematics solutions focused initially on asset protection and collision detection. SOGO, which will launch in early January 2021, provides private individuals, micro-bus…

Sharyn Morley hired by IMS to grow vehicle security services and cut car crime

Sharyn Morley has been appointed Head of Vehicle Security Services at the Mobility division of IMS (Insurance & Mobility Solutions). Sharyn will start her new role on 11th January and report to Dave Turnock, Sales Director for the division. Turnock said Morley, who spent twenty years in a variet…

IMS comments on the opportunity for road user charging in the UK

Commenting on news reports that the government is considering new policy initiatives to raise revenues from motoring, including road user charging (RUC), Dr Ben Miners, chief innovation officer for IMS, which has successfully piloted RUC projects in several US states and participates in all RUC prod…

Carrot Insurance urges government to incentivise young drivers’ telematics usage by removing IPT

Responding to the House of Commons’ Transport Select Committee’s inquiry into the reasons why young drivers are at a higher risk of being involved in road traffic collisions, the black box insurer believes all 17 to 22-year-olds should have a telematics policy for a year after they pass their drivin…

Major North West technology firm IMS launches recruitment drive to support growth

IMS (Insurance & Mobility Solutions), one of the world’s top three providers of connected car data solutions, today launches a recruitment drive to boost its workforce in Manchester and Crewe by 24%. The business, part of Trak Global Group (TGG) which also includes young driver insurer Carrot, w…

IMS Wins Two TU-Automotive Product of the Year Awards

The company’s Carrot UBI platform has been recognized as Top Automotive Insurance Product of the Year and Best Data Product of the Year at the virtual TU Automotive Detroit 2020 event. Boston, MA and Waterloo, Ontario, Canada — August 19, 2020 – IMS (Insurance & Mobility Solutions), part of Trak…
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Trak Global Group Frequently Asked Questions

  • When was Trak Global Group founded?

    Trak Global Group was founded in 2009.

  • Who are Trak Global Group key executives?

    Trak Global Group's key executives are Nick Corrie, Ed Rochfort and Bob Skerrett.

  • How many employees does Trak Global Group have?

    Trak Global Group has 73 employees.

  • What is Trak Global Group revenue?

    Latest Trak Global Group annual revenue is £20 m.

  • What is Trak Global Group revenue per employee?

    Latest Trak Global Group revenue per employee is £274.2 k.

  • Who are Trak Global Group competitors?

    Competitors of Trak Global Group include Dover Microsystems, Visium Technologies and Docupace Technologies.

  • Where is Trak Global Group headquarters?

    Trak Global Group headquarters is located at Global House Westmere Dr, Cheshire East.

  • Where are Trak Global Group offices?

    Trak Global Group has offices in Cheshire East, Greater Manchester, Waterloo, Las Rozas de Madrid and in 1 other location.

  • How many offices does Trak Global Group have?

    Trak Global Group has 5 offices.