GLOBAL BEARINGS & TRANSMISSION LIMITED Financials
- Company number
- 03720136CopyCopy
- Registered office
- 10 Springfield, Ovington, Prudhoe, Northumberland NE42 6EH
- Incorporated
- 25/02/1999
Company snapshot
- Status
- Active
- Employees
- 4 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
-18.70%vs 20252025: £319.10K
Total Assets
-25.00%vs 20252025: £432.00K
Cash in Bank
-24.62%vs 20252025: £214.32K
Total Liabilities
-44.31%vs 20252025: £107.14K
Employees
0vs 20252025: 4
In 2026, GLOBAL BEARINGS & TRANSMISSION LIMITED reported net assets of £259.44K. The same filing shows total assets of £323.99K, cash in bank of £161.56K and total liabilities of £59.67K. Reported headcount was 4 in 2026. Total Assets fell from £432.00K in 2025 to £323.99K in 2026 (-25.00%). 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
-18.70%from £319.10K 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 GLOBAL BEARINGS & TRANSMISSION LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-20%vs 2024-10.5% a year compound (CAGR)
Cash in Bank
-15.4%vs 2024-8% a year compound (CAGR)
Total Assets
-23.7%vs 2024-12.7% a year compound (CAGR)
Total Liabilities
-36.5%vs 2024-20.3% a year compound (CAGR)
Employees
0%vs 2024Biggest decrease
Total Liabilities-36.5%
£93.90K in 2024 to £59.67K in 2026
Every measure that changed in GLOBAL BEARINGS & TRANSMISSION LIMITED's filings between 2024 and 2026 fell. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, cash in bank and total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GLOBAL BEARINGS & TRANSMISSION 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
- 80.07%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.
- Liabilities to total assets
- 18.42%2026
- 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
- 270.74%2026
- 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
- 49.86%2026
- 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 GLOBAL BEARINGS & TRANSMISSION 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£ | 350.08K | 370.64K | 324.15K | 319.10K | 259.44K |
| Total Assets£ | 481.93K | 613.81K | 424.82K | 432.00K | 323.99K |
| Cash in Bank£ | – | – | 190.97K | 214.32K | 161.56K |
| Total Liabilities£ | 131.84K | 243.17K | 93.90K | 107.14K | 59.67K |
| Employees | 4 | 4 | 4 | 4 | 4 |
GLOBAL BEARINGS & TRANSMISSION LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GLOBAL BEARINGS & TRANSMISSION LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
GLOBAL BEARINGS & TRANSMISSION LIMITED reported net assets of £259.44K for 2026. That compares with £319.10K in 2025, a change of -18.70%.
GLOBAL BEARINGS & TRANSMISSION LIMITED reported total assets of £323.99K for 2026. That compares with £432.00K in 2025, a change of -25.00%.
GLOBAL BEARINGS & TRANSMISSION LIMITED reported cash in bank of £161.56K for 2026. That compares with £214.32K in 2025, a change of -24.62%.
GLOBAL BEARINGS & TRANSMISSION LIMITED reported 4 employees in 2026, compared with 4 in 2025.
Between 2024 and 2026, GLOBAL BEARINGS & TRANSMISSION LIMITED's net assets fell by 20%, cash in bank fell by 15.4%, total assets fell by 23.7% and total liabilities fell by 36.5%. Net assets contracted at 10.5% a year across the two years to 2026, from £324.15K to £259.44K. Reported headcount went from 4 in 2024 to 4 in 2026.
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.