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
Employee Ratings3.7

Latest Updates

Employees (est.) (Nov 2021)59(-9%)
Revenue (FY, 2018)£20 M(+17%)
Cybersecurity ratingBMore
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Key People/Management at Trak Global Group

Alan Cottrill

Alan Cottrill

Founder & Managing Director – Mobility Solutions
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
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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
C. Dublín, 1
Show all (5)

Trak Global Group Financials and Metrics

Summary Metrics

Founding Date

2009
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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

82/100

SecurityScorecard logo

Trak Global Group Online and Social Media Presence

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Trak Global Group Blogs

Granite Group to acquire Carrot Insurance

The Granite Group owner of specialist Motor distributor Granite Underwriting (Granite) has agreed to acquire Carrot Insurance (Carrot) from Trak Global Group (TGG). The acquisition is the latest development in Granite’s growth journey, which has seen it harness its proprietary data and investment in…

IMS and Meta System sign strategic partnership to innovate across insurance and mobility industries

IMS, part of Trak Global Group (TGG), has agreed an international strategic partnership with the telematics hardware provider Meta System. The partnership establishes Meta System and IMS as reciprocal preferential partners at European level and will have Italy as its initial area of focus, where the…

The Future of UK road pricing

London, U.K. – June 29, 2021 – IMS, a UK-based vehicle and driving data business, and professional services firm KPMG UK have co-authored a new report on the prospects for road-usage charging (RUC) in the UK. The report, “The Future of Road Pricing,” analyses learnings from U.S. road-usage charging …

IMS Italia launches with Mauro Cantoni as CEO

Clicca qui per visualizzare il Comunicato Stampa in italiano >   New division will supply next-generation ‘connected solutions’ to Italy’s insurance and mobility sectors IMS (Insurance & Mobility Solutions) has announced the launch of IMS Italia, and the appointment of senior telematics execu…

One in Four Brits To Put the Brake on Driving to Work as More Than Launches New ‘Low Miler’ Car Insurance

LONDON, 3rd May 2021: The pandemic has accelerated a long-term decline in the number of miles Brits drive according to car insurer MORE THAN, which today launches a new mileage-based car insurance product in response to the emergence of two distinct driver types – ‘low mile’ and ‘higher mile’ driver…

Paul Stacy joins IMS (Insurance & Mobility Solutions) in global BD role.

Paul Stacy, founder of Wunelli and serial telematics technology entrepreneur, has joined IMS from LexisNexis Risk Solutions, where he held the roles of R&D Director and Director of Automotive Development, EMEA. He takes on the new role of Global Business Development Director at IMS, reporting to…
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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 Alan Cottrill, Nick Corrie and Ed Rochfort.

  • How many employees does Trak Global Group have?

    Trak Global Group has 59 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 £339.3 k.

  • Who are Trak Global Group competitors?

    Competitors of Trak Global Group include Ontic Technologies, PlexTrac and Castle Hall.

  • 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.