Trax Express Systems Ltd
Registered name: TRAX EXPRESS SYSTEMS LTD
Part of PGS Logistics Group Limited groupTrax Express Systems Ltd does not publish its revenue or profit. Its accounts to 31 Dec 2025 show net assets of £4m and 40 employees.
Trax Express Systems Ltd did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2025 showed net assets of £4m and 40 employees. The company is classified under “unlicensed carrier” and is based in Birmingham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 30 yrs · since 1996
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Revenue not disclosed
Trax Express Systems Ltd’s accounts for the year to 31 Dec 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 40
- Net assets
- £4m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | No P&L | No P&L |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit (best available) | — | — |
| Employees (average) | 41 | 40 |
| Ratios | ||
| Profit margin | — | — |
| Growth (year on year) | ||
| Headcount growth | — | ▼2.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £425k | £586k |
| Net assets | £3.2m | £4m |
| Fixed assets | £519k | £312k |
| Current assets | £3.9m | £5m |
| Debtors | £563k | £567k |
| Deferred income | £51.8k | £57.1k |
| Source | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲24%
- Now £4m
- Cash at bank
- ▲38%
- Now £586k
- Headcount
- ▼2%
- Now 40
- Deferred income
- ▲10%
- Now £57.1k
- Fixed assets
- ▼40%
- Now £312k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- PGS Logistics Group Limitedultimate parent75–100%
- P.G.S. Logistics Holdings Ltd75–100%
- Trax Express Holdings Ltd75–100%
- Trax Express Systems Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Yourway Transport LimitedHounslow · Unlicensed carrier
- Revenue
- £20m
- Profit
- £6m
- Staff
- 39
- Skynet Worldwide Express LimitedHounslow · Unlicensed carrier
- Revenue
- £62.7m
- Profit
- £2m
- Staff
- 6
- Courier Connections (Scotland) LimitedMotherwell · Unlicensed carrier
- Revenue
- £9.7m
- Profit
- £748k
- Staff
- 77
- H&S Movements LtdWoking · Unlicensed carrier
- Revenue
- £3.4m
- Profit
- £578k
- Staff
- 15
- Road Runners Despatch LimitedNottingham · Unlicensed carrier
- Revenue
- £1.2m
- Profit
- £151k
- Staff
- 2
- Ant Delivery LtdWolverhampton · Unlicensed carrier
- Revenue
- £364k
- Profit
- £45.6k
- Staff
- 3
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025, from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.