G M T GROUNDWORKS LIMITED Financials
- Company number
- 07641379CopyCopy
- Registered office
- Broom House 39/43 London Road, Hadleigh, Benfleet, Essex SS7 2QL
- Incorporated
- 20/05/2011
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-219.79%vs 20242024: £61.09K
Total Assets
-29.04%vs 20242024: £313.72K
Cash in Bank
3.45K%vs 20232023: £1.18K
Total Liabilities
17.09%vs 20242024: £252.63K
Employees
0vs 20242024: 3
In 2025, G M T GROUNDWORKS LIMITED reported net assets of £-73.18K. The same filing shows total assets of £222.61K, cash in bank of £41.98K and total liabilities of £295.80K. Reported headcount was 3 in 2025. Net Assets fell from £61.09K in 2024 to £-73.18K in 2025 (-219.79%). Okredo holds filed figures for 2021–2025; 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
-219.79%from £61.09K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures G M T GROUNDWORKS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-783%vs 2023Total Assets
-25.5%vs 2023-13.7% a year compound (CAGR)
Total Liabilities
+2.7%vs 2023+1.3% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+2.7%
£288.01K in 2023 to £295.80K in 2025
Biggest decrease
Net Assets-783%
£10.72K in 2023 to £-73.18K in 2025
G M T GROUNDWORKS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G M T GROUNDWORKS LIMITED'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
- -32.87%2025
- 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
- 132.87%2025
- 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
- 16.62%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
- 13.38%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 M T GROUNDWORKS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 20.45K | 12.37K | 10.72K | 61.09K | -73.18K |
| Total Assets£ | 241.73K | 244.23K | 298.73K | 313.72K | 222.61K |
| Cash in Bank£ | 25.07K | 9.00K | 1.18K | 41.98K | – |
| Total Liabilities£ | 221.28K | 231.87K | 288.01K | 252.63K | 295.80K |
| Employees | 2 | 2 | 3 | 3 | 3 |
G M T GROUNDWORKS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G M T GROUNDWORKS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
G M T GROUNDWORKS LIMITED reported net assets of £-73.18K for 2025. That compares with £61.09K in 2024, a change of -219.79%.
G M T GROUNDWORKS LIMITED reported total assets of £222.61K for 2025. That compares with £313.72K in 2024, a change of -29.04%.
G M T GROUNDWORKS LIMITED reported cash in bank of £41.98K for 2024. That compares with £1.18K in 2023, a change of 3.45K%.
G M T GROUNDWORKS LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, G M T GROUNDWORKS LIMITED's net assets fell by 783%, total assets fell by 25.5%, total liabilities rose by 2.7% and employee numbers was unchanged. Total assets contracted at 13.7% a year across the two years to 2025, from £298.73K to £222.61K. Reported headcount went from 3 in 2023 to 3 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.