G.N.G. FOAM CONVERTERS (LANCS) LIMITED Financials
- Company number
- 02208663CopyCopy
- Registered office
- Penndale Ind Estate, Todmorden Road, Littleborough OL15 9EG
- Incorporated
- 28/12/1987
Company snapshot
- Status
- Active
- Employees
- 62 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
0.87%vs 20242024: £3.88M
Total Assets
1.20%vs 20242024: £4.96M
Cash in Bank
-4.69%vs 20242024: £2.77M
Total Liabilities
2.42%vs 20242024: £1.08M
Employees
-3vs 20242024: 65
In 2025, G.N.G. FOAM CONVERTERS (LANCS) LIMITED reported net assets of £3.91M. The same filing shows total assets of £5.02M, cash in bank of £2.64M and total liabilities of £1.11M. Reported headcount was 62 in 2025. Cash in Bank fell from £2.77M in 2024 to £2.64M in 2025 (-4.69%). 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
0.87%from £3.88M 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.N.G. FOAM CONVERTERS (LANCS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+2.2%vs 2023+1.1% a year compound (CAGR)
Cash in Bank
+7.5%vs 2023+3.7% a year compound (CAGR)
Total Assets
-1.7%vs 2023-0.8% a year compound (CAGR)
Total Liabilities
-13.1%vs 2023-6.8% a year compound (CAGR)
Employees
-11.4%vs 2023-8Biggest increase
Cash in Bank+7.5%
£2.45M in 2023 to £2.64M in 2025
Biggest decrease
Total Liabilities-13.1%
£1.27M in 2023 to £1.11M in 2025
G.N.G. FOAM CONVERTERS (LANCS) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G.N.G. FOAM CONVERTERS (LANCS) 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
- 77.95%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
- 22.05%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
- 238.17%2025
- 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
- 52.51%2025
- 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.N.G. FOAM CONVERTERS (LANCS) 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£ | 3.28M | 3.57M | 3.83M | 3.88M | 3.91M |
| Total Assets£ | 4.93M | 5.02M | 5.11M | 4.96M | 5.02M |
| Cash in Bank£ | 1.89M | 2.58M | 2.45M | 2.77M | 2.64M |
| Total Liabilities£ | 1.65M | 1.44M | 1.27M | 1.08M | 1.11M |
| Employees | 80 | 72 | 70 | 65 | 62 |
G.N.G. FOAM CONVERTERS (LANCS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G.N.G. FOAM CONVERTERS (LANCS) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
G.N.G. FOAM CONVERTERS (LANCS) LIMITED reported net assets of £3.91M for 2025. That compares with £3.88M in 2024, a change of 0.87%.
G.N.G. FOAM CONVERTERS (LANCS) LIMITED reported total assets of £5.02M for 2025. That compares with £4.96M in 2024, a change of 1.20%.
G.N.G. FOAM CONVERTERS (LANCS) LIMITED reported cash in bank of £2.64M for 2025. That compares with £2.77M in 2024, a change of -4.69%.
G.N.G. FOAM CONVERTERS (LANCS) LIMITED reported 62 employees in 2025, compared with 65 in 2024.
Between 2023 and 2025, G.N.G. FOAM CONVERTERS (LANCS) LIMITED's net assets rose by 2.2%, cash in bank rose by 7.5%, total assets fell by 1.7% and total liabilities fell by 13.1%. Net assets compounded at 1.1% a year across the two years to 2025, from £3.83M to £3.91M. Reported headcount went from 70 in 2023 to 62 in 2025 (-8).
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.