G2M TESTING LTD Financials
- Company number
- 04330408Copy
Copy - Registered office
- Unit 5/6 Innovation Court, Meadowfield, Durham, County Durham DH7 8FA
- Incorporated
- 28/11/2001
Company snapshot
- Status
- Active
- Employees
- 20 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
68.26%vs 20232023: £104.59K
Total Assets
30.24%vs 20232023: £775.30K
Cash in Bank
-5.89%vs 20232023: £152.59K
Total Liabilities
10.14%vs 20232023: £516.04K
Employees
-3vs 20232023: 23
In 2024, G2M TESTING LTD reported net assets of £175.99K. The same filing shows total assets of £1.01M, cash in bank of £143.60K and total liabilities of £568.36K. Reported headcount was 20 in 2024. Total Assets rose from £775.30K in 2023 to £1.01M in 2024 (30.24%). Okredo holds filed figures for 2021–2024; 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
68.26%from £104.59K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures G2M TESTING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+122%vs 2022+48.9% a year compound (CAGR)
Cash in Bank
+152%vs 2022+58.7% a year compound (CAGR)
Total Assets
+39%vs 2022+17.9% a year compound (CAGR)
Total Liabilities
+21.4%vs 2022+10.2% a year compound (CAGR)
Employees
+11.1%vs 2022+2Biggest increase
Cash in Bank+152%
£57.02K in 2022 to £143.60K in 2024
Every indicator Okredo holds for G2M TESTING LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G2M TESTING LTD'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
- 17.43%2024
- Liabilities to total assets
- 56.29%2024
- Cash to liabilities
- 25.27%2024
- Cash to total assets
- 14.22%2024
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 G2M TESTING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 77.44K | 79.37K | 104.59K | 175.99K |
| Total Assets£ | 684.06K | 726.21K | 775.30K | 1.01M |
| Cash in Bank£ | 67.77K | 57.02K | 152.59K | 143.60K |
| Total Liabilities£ | 449.04K | 468.21K | 516.04K | 568.36K |
| Employees | 15 | 18 | 23 | 20 |
G2M TESTING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has G2M TESTING LTD filed financial statements?
Yes. Okredo holds filed figures for G2M TESTING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did G2M TESTING LTD report in 2024?
G2M TESTING LTD reported net assets of £175.99K for 2024. That compares with £104.59K in 2023, a change of 68.26%.
What total assets did G2M TESTING LTD report in 2024?
G2M TESTING LTD reported total assets of £1.01M for 2024. That compares with £775.30K in 2023, a change of 30.24%.
What cash in bank did G2M TESTING LTD report in 2024?
G2M TESTING LTD reported cash in bank of £143.60K for 2024. That compares with £152.59K in 2023, a change of -5.89%.
How many people does G2M TESTING LTD employ?
G2M TESTING LTD reported 20 employees in 2024, compared with 23 in 2023.
How have G2M TESTING LTD financials changed over the last 3 years?
Between 2022 and 2024, G2M TESTING LTD's net assets rose by 122%, cash in bank rose by 152%, total assets rose by 39% and total liabilities rose by 21.4%. Net assets compounded at 48.9% a year across the two years to 2024, from £79.37K to £175.99K. Reported headcount went from 18 in 2022 to 20 in 2024 (+2).
Which years of G2M TESTING LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.