Anyone know anything about Tract Management?

[wheatgerm]

Hi all,

Newbie here. I didn't spot a search function to look up the umbrella company above. Any experiences - good or bad - or any knowledge on them at all would be helpful.

Happy Friday :-)

[wheatgerm]

Seriously....no-one?!

[northernladuk]

They can't even get their webpage to show all the menu options on the same line. Contact us slips on the next page.

Very unprofessional.. Avoid!!!

Slightly more seriously, their web page is utter c*ap. There are just 5 pages on information, no log in's, no indepth info nor f*k all. You trust a company that can't put more than 5 pages on the web with your hard earned cash?

Why do you need any advice on that???

[Hex]

They charge 4% of your income with a cap of £50 per week. Why go with a brolly that charges a percentage? They have no more work to do for someone who earns more, so why would you have to pay more if you earn more?

They give an example: "if your earning £300/week our charge would be £12"

Apart from the grammatical error of "your" rather than "you're", notice how they give a really low rate example of £300/week. If you're earning £300/day their charge would be £50 per week.

They appear to take their fee out of post tax income in the example they give. I would have thought it should come out of pre-tax income.

[MarkOD]

quite possibly one of the worst websites i've seen. Surely the fact that no one has responded speaks for itself so i'm guessing either 1) the agency you're currently with gets a back hander for referring this company and thats how you found them as how else could you have 2) you actually work for tract management and are trying to see how people perceive you?

If it's number 2......................... you look sh*t!

If you're looking for an Umbrella look at the companies people tend to use and have no problems with Parasol, Contractor Umbrella, Crystal Umbrella etc etc

[nodric]

OK so I have nothing to do, and boredom got the better of me.

The WHOIS gives

Domain name:
tractmanagement.co.uk

Registrant:
Linus Vastise (As Steve Wright used to say 'Made up name')

Registrant type:
UK Limited Company, (Company number: 5027841)

Registrant's address:
2ND Floor 145-157 ST JOHNS STREET
Tract Management Ltd
LONDON
EC1V 4PY
United Kingdom

At Companies House the registration number shown above 5027841 gives;

Name & Registered Office:
IT MANAGE LIMITED
REGUS HOUSE, 268 BATH ROAD
SLOUGH
BERKSHIRE
SL1 4DX
Company No. 05027841

Status: Active
Date of Incorporation: 28/01/2004

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
7414 - Business & management consultancy
Accounting Reference Date: 31/01
Last Accounts Made Up To: 31/01/2008 (TOTAL EXEMPTION SMALL)
Next Accounts Due: 30/11/2009 OVERDUE <-------
Last Return Made Up To: 28/01/2009
Next Return Due: 25/02/2010

Previous address was;

Company Search Name: IT MANAGE LIMITED

Company Search No: 05027841

IT MANAGE LIMITED
29 Burfield Road
Old Windsor
WINDSOR
SL 4 2RB

But when you check the name TRACT you get;

Name & Registered Office:
TRACT MANAGEMENT LTD
337 BATH ROAD
SLOUGH
BERKSHIRE
SL1 5PR
Company No. 05933071

Status: Active
Date of Incorporation: 12/09/2006

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
7414 - Business & management consultancy
Accounting Reference Date: 30/09
Last Accounts Made Up To: 30/09/2008 (TOTAL EXEMPTION SMALL)
Next Accounts Due: 30/06/2010
Last Return Made Up To: 12/09/2009
Next Return Due: 10/10/2010
Last Members List: 12/09/2009

The cynic in me says that he couldn't afford REGUS, formed a new company and then moved down the road.

Google satellite shows a domestic residence, probably a small office, surrounding by a lot of building works. A search of the 337 BATH ROAD address brings up lots of companies, so probably a registered office location only. Also a firm of accountants seem to share this address, so maybe an offshoot business for a small accountant.

They only file a short form balance sheet, no full accounts. Why not I wonder?

The 145-157 ST JOHNS STREET address seems to be a large REGUS style office block. Lots of companies based there.

As everyone else has said, their website is amateurish to say the least, and any company with a few quid in capital would make sure there site was professionally created. This sort of suggests a back room operation, by an individual.

Anyway, none of this is conclusive proof that you should not use them, but where there is doubt you should seek clarification


.

[northernladuk]

Christ you really did have nothing to do did you

[MarkOD]

impressive!

[wheatgerm]

Thank you guys. Any kind of feedback was welcome....even if to tell me I was being stupid. Glad I put up the prompt !

And no, I don't work for them - genuinely. Just have seen no mention of them anywhere on the net in forums like this and I know they do have a fair number of contractors on their books (people I know).


And Nodric - thanks....good bit of detective work. Appreciate it, even if it may not have been done for altruistic reasons i.e to entertain yourself

[administrator]

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