GAS TURBINE ENGINEERING LIMITED Financials
- Company number
- 04362768Copy
Copy - Registered office
- 4 Pelham Lane, Canwick, Lincoln LN4 2RR
- Incorporated
- 29/01/2002
Company snapshot
- Status
- Active
- Employees
- 3 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
33.15%vs 20252025: £19.02K
Total Assets
26.22%vs 20252025: £31.29K
Cash in Bank
20.53%vs 20252025: £23.96K
Total Liabilities
15.49%vs 20252025: £12.27K
Employees
0vs 20252025: 3
In 2026, GAS TURBINE ENGINEERING LIMITED reported net assets of £25.33K. The same filing shows total assets of £39.50K, cash in bank of £28.87K and total liabilities of £14.18K. Reported headcount was 3 in 2026. Total Assets rose from £31.29K in 2025 to £39.50K in 2026 (26.22%). Okredo holds filed figures for 2022–2026; 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
33.15%from £19.02K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures GAS TURBINE ENGINEERING LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
+40.3%vs 2024+18.5% a year compound (CAGR)
Cash in Bank
+48.7%vs 2024+22% a year compound (CAGR)
Total Assets
+33.7%vs 2024+15.6% a year compound (CAGR)
Total Liabilities
+23.4%vs 2024+11.1% a year compound (CAGR)
Employees
0%vs 2024Biggest increase
Cash in Bank+48.7%
£19.41K in 2024 to £28.87K in 2026
Every measure that changed in GAS TURBINE ENGINEERING LIMITED's filings between 2024 and 2026 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GAS TURBINE ENGINEERING 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
- 64.11%2026
- Liabilities to total assets
- 35.89%2026
- Cash to liabilities
- 203.69%2026
- Cash to total assets
- 73.10%2026
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 GAS TURBINE ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 11.56K | 25.49K | 18.05K | 19.02K | 25.33K |
| Total Assets£ | 17.62K | 39.13K | 29.53K | 31.29K | 39.50K |
| Cash in Bank£ | 9.85K | 27.51K | 19.41K | 23.96K | 28.87K |
| Total Liabilities£ | 6.05K | 13.64K | 11.49K | 12.27K | 14.18K |
| Employees | 3 | 3 | 3 | 3 | 3 |
GAS TURBINE ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has GAS TURBINE ENGINEERING LIMITED filed financial statements?
Yes. Okredo holds filed figures for GAS TURBINE ENGINEERING LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
What net assets did GAS TURBINE ENGINEERING LIMITED report in 2026?
GAS TURBINE ENGINEERING LIMITED reported net assets of £25.33K for 2026. That compares with £19.02K in 2025, a change of 33.15%.
What total assets did GAS TURBINE ENGINEERING LIMITED report in 2026?
GAS TURBINE ENGINEERING LIMITED reported total assets of £39.50K for 2026. That compares with £31.29K in 2025, a change of 26.22%.
What cash in bank did GAS TURBINE ENGINEERING LIMITED report in 2026?
GAS TURBINE ENGINEERING LIMITED reported cash in bank of £28.87K for 2026. That compares with £23.96K in 2025, a change of 20.53%.
How many people does GAS TURBINE ENGINEERING LIMITED employ?
GAS TURBINE ENGINEERING LIMITED reported 3 employees in 2026, compared with 3 in 2025.
How have GAS TURBINE ENGINEERING LIMITED financials changed over the last 3 years?
Between 2024 and 2026, GAS TURBINE ENGINEERING LIMITED's net assets rose by 40.3%, cash in bank rose by 48.7%, total assets rose by 33.7% and total liabilities rose by 23.4%. Net assets compounded at 18.5% a year across the two years to 2026, from £18.05K to £25.33K. Reported headcount went from 3 in 2024 to 3 in 2026.
Which years of GAS TURBINE ENGINEERING LIMITED financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.