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GMR CONTRACTORS (SCOTLAND) LTD Financials

Company number
SC587247Copy
Copy
Registered office
Suite G.06, Red Tree Magenta, 270 Glasgow Road, Glasgow G73 1UZ
Incorporated
30/01/2018

Company snapshot

Status
Active
Employees
2 (2026)
Latest financial data
2026
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£-254.30K2026
-47.39%vs 2025

2025: £-172.54K

Total Assets

£201.16K2026
66.13%vs 2025

2025: £121.08K

Total Liabilities

£455.46K2026
55.12%vs 2025

2025: £293.63K

Employees

22026
-1vs 2025

2025: 3

In 2026, GMR CONTRACTORS (SCOTLAND) LTD reported net assets of £-254.30K. The same filing shows total assets of £201.16K and total liabilities of £455.46K. Reported headcount was 2 in 2026. Total Liabilities rose from £293.63K in 2025 to £455.46K in 2026 (55.12%). 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

£-254.30K2026
-47.39%from £-172.54K in 2025

Year-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 GMR CONTRACTORS (SCOTLAND) LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£-124.43K2024£-254.30K2026
Decreasedvs 2024

Total Assets

£95.88K2024£201.16K2026
+110%vs 2024

+44.8% a year compound (CAGR)

Employees

3202422026
-33.3%vs 2024-1

Biggest increase

Total Assets+110%

£95.88K in 2024 to £201.16K in 2026

Biggest decrease

Employees-33.3%

3 in 2024 to 2 in 2026

GMR CONTRACTORS (SCOTLAND) LTD's filings pull in both directions between 2024 and 2026. The steepest rise came in total assets, pointing to a broader asset base, 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 GMR CONTRACTORS (SCOTLAND) 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
-126.42%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
226.42%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for GMR CONTRACTORS (SCOTLAND) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£24.94K-128.63K-124.43K-172.54K-254.30K
Total Assets£123.53K55.37K95.88K121.08K201.16K
Cash in Bank£–––––
Total Liabilities£98.59K––293.63K455.46K
Employees63332

GMR CONTRACTORS (SCOTLAND) LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for GMR CONTRACTORS (SCOTLAND) LTD covering 2022–2026, across 4 reported indicators. The most recent reported year is 2026.

GMR CONTRACTORS (SCOTLAND) LTD reported net assets of £-254.30K for 2026. That compares with £-172.54K in 2025, a change of -47.39%.

GMR CONTRACTORS (SCOTLAND) LTD reported total assets of £201.16K for 2026. That compares with £121.08K in 2025, a change of 66.13%.

GMR CONTRACTORS (SCOTLAND) LTD reported total liabilities of £455.46K for 2026. That compares with £293.63K in 2025, a change of 55.12%.

GMR CONTRACTORS (SCOTLAND) LTD reported 2 employees in 2026, compared with 3 in 2025.

Between 2024 and 2026, GMR CONTRACTORS (SCOTLAND) LTD's total assets rose by 110% and employee numbers fell by 33.3%. Total assets compounded at 44.8% a year across the two years to 2026, from £95.88K to £201.16K. Reported headcount went from 3 in 2024 to 2 in 2026 (-1).

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.