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GT GRINDING LIMITED Financials

Company number
05562297Copy
Copy
Registered office
Capital House 272 Manchester Road, Droylsden, Manchester M43 6PW
Incorporated
13/09/2005

Company snapshot

Status
Active
Employees
0 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£145.77K2025
-22.84%vs 2024

2024: £188.92K

Total Assets

£593.40K2025
12.14%vs 2024

2024: £529.14K

Cash in Bank

£162.62K2025
4.56%vs 2024

2024: £155.52K

Total Liabilities

£447.63K2025
31.57%vs 2024

2024: £340.22K

Employees

02025
0vs 2024

2024: 0

In 2025, GT GRINDING LIMITED reported net assets of £145.77K. The same filing shows total assets of £593.40K, cash in bank of £162.62K and total liabilities of £447.63K. Reported headcount was 0 in 2025. Total Liabilities rose from £340.22K in 2024 to £447.63K in 2025 (31.57%). 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

£145.77K2025
-22.84%from £188.92K 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 GT GRINDING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£235.82K2023£145.77K2025
-38.2%vs 2023

-21.4% a year compound (CAGR)

Cash in Bank

£198.89K2023£162.62K2025
-18.2%vs 2023

-9.6% a year compound (CAGR)

Total Assets

£512.33K2023£593.40K2025
+15.8%vs 2023

+7.6% a year compound (CAGR)

Total Liabilities

£276.51K2023£447.63K2025
+61.9%vs 2023

+27.2% a year compound (CAGR)

Employees

8202302025
-100%vs 2023-8

Biggest increase

Total Liabilities+61.9%

£276.51K in 2023 to £447.63K in 2025

Biggest decrease

Employees-100%

8 in 2023 to 0 in 2025

GT GRINDING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 GT GRINDING 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
24.57%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
75.43%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
36.33%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
27.40%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 GT GRINDING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£224.61K225.31K235.82K188.92K145.77K
Total Assets£434.56K596.28K512.33K529.14K593.40K
Cash in Bank£202.32K254.41K198.89K155.52K162.62K
Total Liabilities£209.94K370.97K276.51K340.22K447.63K
Employees1011800

GT GRINDING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

GT GRINDING LIMITED reported net assets of £145.77K for 2025. That compares with £188.92K in 2024, a change of -22.84%.

GT GRINDING LIMITED reported total assets of £593.40K for 2025. That compares with £529.14K in 2024, a change of 12.14%.

GT GRINDING LIMITED reported cash in bank of £162.62K for 2025. That compares with £155.52K in 2024, a change of 4.56%.

GT GRINDING LIMITED reported 0 employees in 2025, compared with 0 in 2024.

Between 2023 and 2025, GT GRINDING LIMITED's net assets fell by 38.2%, cash in bank fell by 18.2%, total assets rose by 15.8% and total liabilities rose by 61.9%. Net assets contracted at 21.4% a year across the two years to 2025, from £235.82K to £145.77K. Reported headcount went from 8 in 2023 to 0 in 2025 (-8).

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.