TRAC in top 100 list

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TRAC Services' director, Jonathan Trethowan. The Pool-based regulatory affairs business has been named in the top 100 UK Healthcare Consultants
TRAC Services’ director, Jonathan Trethowan

A Cornwall-based team of regulatory affairs experts has been named in the top 100 healthcare consultants nationally after recording further growth.

TRAC Services, which is based at the Pool Innovation Centre, has been ranked 81st from 176 companies in the UK Healthcare Consultants Industry report.

Published by Plimsoll, the report shows that TRAC has also moved up six places in the last 12 months.

TRAC director Jonathan Trethowan, said: “We’re very pleased to have improved our ranking in this industry report.

“We’ve seen significant growth in the past four years and the report provides us with a valuable insight into how we are performing compared to the rest of the market.

“As a company we have ambitious plans to grow and develop further, expand our client base on a national and international level, and continue to support and develop our team of dedicated experts.”

The Plimsoll report looks at the top 182 companies in the market and measures their commercial and financial strength against ten-year industry trends.

It looks at sales growth, trading stability, profitability, working capital, gearing and immediate liquidity.

Almost one in three of the companies analysed in the report recorded a fall in sales in the last year.

Trethowan added: “According to the report the average fall was 41%, however, we bucked the trend with a 23% increase in sales growth.”

The report also ranks TRAC 30th in the top 50 rising Companies Actual Pre Tax Profit category.