Active

G&GK LTD Financials

Company number
13683359Copy
copy info iconCopy
Registered office
38 Carver Street, Birmingham B1 3AS
Incorporated
15/10/2021

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£-189.96K2024
12.83%vs 2023

2023: £-217.92K

Total Assets

£300.73K2024
-13.18%vs 2023

2023: £346.37K

Cash in Bank

£7.33K2024
-44.85%vs 2023

2023: £13.30K

Total Liabilities

£418.68K2024
-11.72%vs 2023

2023: £474.28K

Employees

72024
-4vs 2023

2023: 11

In 2024, G&GK LTD reported net assets of £-189.96K. The same filing shows total assets of £300.73K, cash in bank of £7.33K and total liabilities of £418.68K. Reported headcount was 7 in 2024. Total Liabilities fell from £474.28K in 2023 to £418.68K in 2024 (-11.72%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-189.96K2024
12.83%from £-217.92K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures G&GK LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-94.86K2022£-189.96K2024
Decreasedvs 2022

Cash in Bank

£43.51K2022£7.33K2024
-83.1%vs 2022

-58.9% a year compound (CAGR)

Total Assets

£467.25K2022£300.73K2024
-35.6%vs 2022

-19.8% a year compound (CAGR)

Total Liabilities

£449.59K2022£418.68K2024
-6.9%vs 2022

-3.5% a year compound (CAGR)

Employees

16202272024
-56.3%vs 2022-9

Biggest decrease

Cash in Bank-83.1%

£43.51K in 2022 to £7.33K in 2024

Every indicator Okredo holds for G&GK LTD fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from G&GK LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-63.16%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
139.22%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
1.75%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
2.44%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for G&GK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£-94.86K-217.92K-189.96K
Total Assets£467.25K346.37K300.73K
Cash in Bank£43.51K13.30K7.33K
Total Liabilities£449.59K474.28K418.68K
Employees16117

G&GK LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has G&GK LTD filed financial statements?

toggle

Yes. Okredo holds filed figures for G&GK LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did G&GK LTD report in 2024?

toggle

G&GK LTD reported net assets of £-189.96K for 2024. That compares with £-217.92K in 2023, a change of 12.83%.

What total assets did G&GK LTD report in 2024?

toggle

G&GK LTD reported total assets of £300.73K for 2024. That compares with £346.37K in 2023, a change of -13.18%.

What cash in bank did G&GK LTD report in 2024?

toggle

G&GK LTD reported cash in bank of £7.33K for 2024. That compares with £13.30K in 2023, a change of -44.85%.

How many people does G&GK LTD employ?

toggle

G&GK LTD reported 7 employees in 2024, compared with 11 in 2023.

How have G&GK LTD financials changed over the last 3 years?

toggle

Between 2022 and 2024, G&GK LTD's cash in bank fell by 83.1%, total assets fell by 35.6%, total liabilities fell by 6.9% and employee numbers fell by 56.3%. Cash in bank contracted at 58.9% a year across the two years to 2024, from £43.51K to £7.33K. Reported headcount went from 16 in 2022 to 7 in 2024 (-9).

Which years of G&GK LTD financial data are available?

toggle

Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.