G R S GADGETS LIMITED Financials
- Company number
- SC368090CopyCopy
- Registered office
- 4 Spiersbridge Way Spiersbridge Business Park, Thornliebank, Glasgow G46 8NG
- Incorporated
- 05/11/2009
Company snapshot
- Status
- Active
- Employees
- 28 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
698.42%vs 20242024: £30.40K
Total Assets
28.93%vs 20242024: £2.74M
Cash in Bank
-20.39%vs 20242024: £425.34K
Total Liabilities
21.91%vs 20242024: £2.68M
Employees
-12vs 20242024: 40
In 2025, G R S GADGETS LIMITED reported net assets of £242.74K. The same filing shows total assets of £3.53M, cash in bank of £338.61K and total liabilities of £3.26M. Reported headcount was 28 in 2025. Total Assets rose from £2.74M in 2024 to £3.53M in 2025 (28.93%). 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
698.42%from £30.40K 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 R S GADGETS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-55.2%vs 2023-33.1% a year compound (CAGR)
Cash in Bank
-55%vs 2023-33% a year compound (CAGR)
Total Assets
-20.2%vs 2023-10.7% a year compound (CAGR)
Total Liabilities
-15.2%vs 2023-7.9% a year compound (CAGR)
Employees
-30%vs 2023-12Biggest decrease
Net Assets-55.2%
£542.43K in 2023 to £242.74K in 2025
Every indicator Okredo holds for G R S GADGETS LIMITED fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, 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 R S GADGETS 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
- 6.87%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
- 92.31%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
- 10.38%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
- 9.58%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 R S GADGETS 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£ | 1.08M | 393.37K | 542.43K | 30.40K | 242.74K |
| Total Assets£ | 4.79M | 4.00M | 4.43M | 2.74M | 3.53M |
| Cash in Bank£ | 272.66K | 345.28K | 753.22K | 425.34K | 338.61K |
| Total Liabilities£ | 3.65M | 3.56M | 3.85M | 2.68M | 3.26M |
| Employees | 40 | 40 | 40 | 40 | 28 |
G R S GADGETS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G R S GADGETS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
G R S GADGETS LIMITED reported net assets of £242.74K for 2025. That compares with £30.40K in 2024, a change of 698.42%.
G R S GADGETS LIMITED reported total assets of £3.53M for 2025. That compares with £2.74M in 2024, a change of 28.93%.
G R S GADGETS LIMITED reported cash in bank of £338.61K for 2025. That compares with £425.34K in 2024, a change of -20.39%.
G R S GADGETS LIMITED reported 28 employees in 2025, compared with 40 in 2024.
Between 2023 and 2025, G R S GADGETS LIMITED's net assets fell by 55.2%, cash in bank fell by 55%, total assets fell by 20.2% and total liabilities fell by 15.2%. Net assets contracted at 33.1% a year across the two years to 2025, from £542.43K to £242.74K. Reported headcount went from 40 in 2023 to 28 in 2025 (-12).
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.