TRACE FIRST LIMITED
Company number NI065105 · Monitor this company
Executive summary
Trace First Limited presents a mixed risk profile: the company has built substantial net assets (£12.4M) with minimal external debt over an 18-year operating history, but faces a critical liquidity challenge with cash at just £37,129 against £656,317 in current liabilities. The apparent working capital strength is largely dependent on £1.35M in intercompany receivables that are not readily collectable, and the rapid cash depletion alongside growing financial assets suggests the business may be funding group-level investments at the expense of its own liquidity position. Further investigation into the group structure, the nature of financial assets, and cash flow dynamics is essential before any investment commitment.
Shareholders' funds
£12,432,913
Balance sheet as at 2025-05-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2007-06-08
- Employees
- 22 (2025 accounts · was 20 in 2024)
- Registered office
- 88a Main Street, Moira, Craigavon, County Down, Northern Ireland, BT67 0LH
- Postcode
- BT67 0LH
- Capital
- 92 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-05-31
- Next due by
- 2027-01-20
- Financial year end
- 20 April
Confirmation statement
- Last statement dated
- 2026-08-06
- Next due by
- 2027-08-20
Nature of business (SIC)
- 58290 Other software publishing
Officers 5 current · 4 resigned
Group structure
Controlled by Gvl Holdings, Inc. (N/A) — since 2026-04-21
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Global Business Mobility: Senior or Specialist Worker (Worker (A rating)), Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA937833 (Tier 1), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- tracefirst.com
- Phone
- (028) 3799 8700, +44 28 3799 8700, 0156683427793
Animal Health, Laboratory Management and Licensing Systems
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 88A MAIN STREET, MOIRA, CRAIGAVON, COUNTY ARMAGH, BT67 0LH, NORTHERN IRELAND | 2016-06-06 |
| 16 RUSSELL STREET, ARMAGH, BT61 9AA | 2015-11-20 |
| UNIT 7A ATEK BUILDING, EDENAVEYS BUSINESS PARK, EDENAVEYS ROAD, ARMAGH, BT60 1NF | 2011-03-03 |
Among its peers
Top 5%
by shareholders' funds, of 65 similar companies in BT
Among the biggest employers among its local peers (22 staff).
Among the oldest 25% of its local peers, trading since 2007.
No.1 of the largest other software publishing companies in Belfast →
Competitors Belfast
-
3. BUDIBASE LTD
This company ranks 1 among other software publishing in Belfast.
The class of 2007
25%
of the 294 companies in this sector incorporated in 2007 are still active today; 73% have since been dissolved.
A fact about the year, not a forecast for this company.