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G-TECH ELECTRICAL CONTRACTORS LIMITED Financials

Company number
03293941Copy
Copy
Registered office
Unit C1 Goldbank Business Park, Wilton Road, Grimsby, N E Lincolnshire DN36 4AW
Incorporated
18/12/1996

Company snapshot

Status
Active
Employees
28 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£330.42K2025
17.20%vs 2024

2024: £281.93K

Total Assets

£2.04M2025
-1.19%vs 2024

2024: £2.06M

Cash in Bank

£70.92K2025
-35.89%vs 2024

2024: £110.61K

Total Liabilities

£1.71M2025
-4.11%vs 2024

2024: £1.78M

Employees

282025
-2vs 2024

2024: 30

In 2025, G-TECH ELECTRICAL CONTRACTORS LIMITED reported net assets of £330.42K. The same filing shows total assets of £2.04M, cash in bank of £70.92K and total liabilities of £1.71M. Reported headcount was 28 in 2025. Total Liabilities fell from £1.78M in 2024 to £1.71M in 2025 (-4.11%). Okredo holds filed figures for 2022–2025; 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

£330.42K2025
17.20%from £281.93K in 2024

Year-on-year change

Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures G-TECH ELECTRICAL CONTRACTORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£261.19K2023£330.42K2025
+26.5%vs 2023

+12.5% a year compound (CAGR)

Cash in Bank

£17.43K2023£70.92K2025
+307%vs 2023

+102% a year compound (CAGR)

Total Assets

£1.72M2023£2.04M2025
+18.2%vs 2023

+8.7% a year compound (CAGR)

Total Liabilities

£1.46M2023£1.71M2025
+16.7%vs 2023

+8% a year compound (CAGR)

Employees

352023282025
-20%vs 2023-7

Biggest increase

Cash in Bank+307%

£17.43K in 2023 to £70.92K in 2025

Biggest decrease

Employees-20%

35 in 2023 to 28 in 2025

G-TECH ELECTRICAL CONTRACTORS 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from G-TECH ELECTRICAL CONTRACTORS 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
16.22%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
83.78%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
4.16%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
3.48%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-TECH ELECTRICAL CONTRACTORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£162.90K261.19K281.93K330.42K
Total Assets£1.40M1.72M2.06M2.04M
Cash in Bank£–17.43K110.61K70.92K
Total Liabilities£1.24M1.46M1.78M1.71M
Employees32353028

G-TECH ELECTRICAL CONTRACTORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for G-TECH ELECTRICAL CONTRACTORS LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.

G-TECH ELECTRICAL CONTRACTORS LIMITED reported net assets of £330.42K for 2025. That compares with £281.93K in 2024, a change of 17.20%.

G-TECH ELECTRICAL CONTRACTORS LIMITED reported total assets of £2.04M for 2025. That compares with £2.06M in 2024, a change of -1.19%.

G-TECH ELECTRICAL CONTRACTORS LIMITED reported cash in bank of £70.92K for 2025. That compares with £110.61K in 2024, a change of -35.89%.

G-TECH ELECTRICAL CONTRACTORS LIMITED reported 28 employees in 2025, compared with 30 in 2024.

Between 2023 and 2025, G-TECH ELECTRICAL CONTRACTORS LIMITED's net assets rose by 26.5%, cash in bank rose by 307%, total assets rose by 18.2% and total liabilities rose by 16.7%. Net assets compounded at 12.5% a year across the two years to 2025, from £261.19K to £330.42K. Reported headcount went from 35 in 2023 to 28 in 2025 (-7).

Okredo holds reported figures for the years 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.