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.) (Sept 2020)82(-3%)
Revenue (FY, 2018)£20 M(+17%)
Cybersecurity ratingAMore

Key People/Management at Trak Global Group

Nick Corrie

Nick Corrie

CEO & Founder
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)
Ivan Bumstead

Ivan Bumstead

Chief Financial Officer
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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
435 King St N
Las Rozas de Madrid, ES
Calle Dublín, 1
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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

A

90/100

SecurityScorecard logo

Trak Global Group Online and Social Media Presence

Embed Graph

Trak Global Group Blogs

IMS Launches Industry-First, Claims-Focused Telematics Solution, IMS Connected Claims, to Drive Loss Ratio Improvement for Insurers

Data gathered utilizing IMS’ new low-cost Wedge™ telematics sensor combined with the new IMS Connected Claims solution connects insurers and policyholders while cutting claims costs.   Boston, MA and Waterloo, Ontario, Canada — June 22, 2020 – IMS (Insurance & Mobility Solutions), part of Trak G…

Trak Global Group Hires Burtscher from dunnhumby to Oversee Transformation

Dr. Christoph Burtscher has been appointed Chief Transformation & Innovation Officer (CTIO) for Trak Global Group, the holding company for IMS (Insurance & Mobility Solutions) and Carrot Insurance. Burtscher joins the UK’s leading telematics technology business from customer data science spe…

IMS Brings Carrot UBI Platform to North American Insurers

IMS, a subsidiary of Trak Global Group (TGG), one of the world’s top three providers of connected car data solutions to insurers, mobility operators and governments, is pleased to announce the availability in North America of the (usage-based insurance) UBI platform on which the award-winning Carrot…

Road usage charging to solve our transportation funding dilemma

Dr Ben Miners, Chief Innovation Scientist at IMS (a Trak Global Group company) Surface transportation is essential to our economy, both within the UK and globally, to enable the flow of goods and services. While our surface transportation infrastructure is pervasive, or perhaps because it is pervasi…

Depression, stress and anger can make drivers more likely to have accidents, according to new YouGov research to support Mental Health Awareness Day

More than 2000 people (2090) around the UK were asked about the links between state of mind and driving behaviour for the study, commissioned by Carrot Insurance, which found that: Around two thirds (66%) of people say their state of mind affects their driving Almost a quarter (23%) of young drivers…

Carrot Insurance wins ‘Best Customer App’ at Insurance Times Tech & Innovation Awards

Carrot Insurance, part of Trak Global Group, has won the ‘Best Customer App’ at the Insurance Times Tech & Innovation Awards in recognition of its Better Driver app. The judges highlighted Carrot’s focus on ensuring an outstanding customer experience whilst delivering significant loss ratio bene…
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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, Bob Skerrett and Andrew Brown-Allan.

  • How many employees does Trak Global Group have?

    Trak Global Group has 82 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 £244.1 k.

  • Who are Trak Global Group competitors?

    Competitors of Trak Global Group include AttackIQ, LockPath and Visium 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.