G-TEC (ELECTRICAL CONTRACTOR) LIMITED Financials
- Company number
- 04643546CopyCopy
- Registered office
- Unit 5c, Glover Industrial Estate, Washington, Tyne & Wear NE37 3ES
- Incorporated
- 21/01/2003
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-36.76%vs 20242024: £24.08K
Total Assets
-9.76%vs 20242024: £324.46K
Cash in Bank
-15.14%vs 20242024: £179.75K
Total Liabilities
-7.59%vs 20242024: £300.38K
Employees
-1vs 20242024: 5
In 2025, G-TEC (ELECTRICAL CONTRACTOR) LIMITED reported net assets of £15.23K. The same filing shows total assets of £292.81K, cash in bank of £152.53K and total liabilities of £277.58K. Reported headcount was 4 in 2025. Total Assets fell from £324.46K in 2024 to £292.81K in 2025 (-9.76%). 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
-36.76%from £24.08K 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-TEC (ELECTRICAL CONTRACTOR) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-63.5%vs 2023-39.6% a year compound (CAGR)
Cash in Bank
+29.2%vs 2023+13.7% a year compound (CAGR)
Total Assets
-9.4%vs 2023-4.8% a year compound (CAGR)
Total Liabilities
-1.3%vs 2023-0.7% a year compound (CAGR)
Employees
-20%vs 2023-1Biggest increase
Cash in Bank+29.2%
£118.03K in 2023 to £152.53K in 2025
Biggest decrease
Net Assets-63.5%
£41.75K in 2023 to £15.23K in 2025
G-TEC (ELECTRICAL CONTRACTOR) 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G-TEC (ELECTRICAL CONTRACTOR) 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
- 5.20%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
- 94.80%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
- 54.95%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
- 52.09%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-TEC (ELECTRICAL CONTRACTOR) 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£ | 125.10K | 63.55K | 41.75K | 24.08K | 15.23K |
| Total Assets£ | 455.94K | 379.25K | 323.12K | 324.46K | 292.81K |
| Cash in Bank£ | 150.04K | 195.16K | 118.03K | 179.75K | 152.53K |
| Total Liabilities£ | 330.84K | 315.70K | 281.37K | 300.38K | 277.58K |
| Employees | 6 | 6 | 5 | 5 | 4 |
G-TEC (ELECTRICAL CONTRACTOR) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G-TEC (ELECTRICAL CONTRACTOR) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
G-TEC (ELECTRICAL CONTRACTOR) LIMITED reported net assets of £15.23K for 2025. That compares with £24.08K in 2024, a change of -36.76%.
G-TEC (ELECTRICAL CONTRACTOR) LIMITED reported total assets of £292.81K for 2025. That compares with £324.46K in 2024, a change of -9.76%.
G-TEC (ELECTRICAL CONTRACTOR) LIMITED reported cash in bank of £152.53K for 2025. That compares with £179.75K in 2024, a change of -15.14%.
G-TEC (ELECTRICAL CONTRACTOR) LIMITED reported 4 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, G-TEC (ELECTRICAL CONTRACTOR) LIMITED's net assets fell by 63.5%, cash in bank rose by 29.2%, total assets fell by 9.4% and total liabilities fell by 1.3%. Net assets contracted at 39.6% a year across the two years to 2025, from £41.75K to £15.23K. Reported headcount went from 5 in 2023 to 4 in 2025 (-1).
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.