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GAS TURBINE SOLUTIONS LIMITED Financials

Company number
SC357261Copy
Copy
Registered office
2 The Paddock Southannan Estate, Fairlie, Largs, Ayrshire KA29 0EU
Incorporated
26/03/2009

Company snapshot

Status
Active
Employees
31 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£5.15M2025
82.14%vs 2024

2024: £2.83M

Total Assets

£6.57M2025
68.26%vs 2024

2024: £3.91M

Cash in Bank

£4.21M2025
174.71%vs 2024

2024: £1.53M

Total Liabilities

£1.42M2025
31.84%vs 2024

2024: £1.08M

Employees

312025
+4vs 2024

2024: 27

In 2025, GAS TURBINE SOLUTIONS LIMITED reported net assets of £5.15M. The same filing shows total assets of £6.57M, cash in bank of £4.21M and total liabilities of £1.42M. Reported headcount was 31 in 2025. Cash in Bank rose from £1.53M in 2024 to £4.21M in 2025 (174.71%). 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

£5.15M2025
82.14%from £2.83M in 2024

Year-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 GAS TURBINE SOLUTIONS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£2.20M2023£5.15M2025
+135%vs 2023

+53.2% a year compound (CAGR)

Cash in Bank

£1.41M2023£4.21M2025
+200%vs 2023

+73.1% a year compound (CAGR)

Total Assets

£3.01M2023£6.57M2025
+118%vs 2023

+47.7% a year compound (CAGR)

Total Liabilities

£816.99K2023£1.42M2025
+73.9%vs 2023

+31.9% a year compound (CAGR)

Employees

192023312025
+63.2%vs 2023+12

Biggest increase

Cash in Bank+200%

£1.41M in 2023 to £4.21M in 2025

Every indicator Okredo holds for GAS TURBINE SOLUTIONS LIMITED rose between 2023 and 2025. 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 GAS TURBINE SOLUTIONS 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
78.38%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
21.62%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
296.72%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
64.14%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 GAS TURBINE SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£1.07M1.43M2.20M2.83M5.15M
Total Assets£1.57M377.67K3.01M3.91M6.57M
Cash in Bank£738.83K1.06M1.41M1.53M4.21M
Total Liabilities£500.52K–816.99K1.08M1.42M
Employees1416192731

GAS TURBINE SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for GAS TURBINE SOLUTIONS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

GAS TURBINE SOLUTIONS LIMITED reported net assets of £5.15M for 2025. That compares with £2.83M in 2024, a change of 82.14%.

GAS TURBINE SOLUTIONS LIMITED reported total assets of £6.57M for 2025. That compares with £3.91M in 2024, a change of 68.26%.

GAS TURBINE SOLUTIONS LIMITED reported cash in bank of £4.21M for 2025. That compares with £1.53M in 2024, a change of 174.71%.

GAS TURBINE SOLUTIONS LIMITED reported 31 employees in 2025, compared with 27 in 2024.

Between 2023 and 2025, GAS TURBINE SOLUTIONS LIMITED's net assets rose by 135%, cash in bank rose by 200%, total assets rose by 118% and total liabilities rose by 73.9%. Net assets compounded at 53.2% a year across the two years to 2025, from £2.20M to £5.15M. Reported headcount went from 19 in 2023 to 31 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.