GTS COMMUNICATIONS (UK) LIMITED Financials
- Company number
- 03917130CopyCopy
- Registered office
- Unit 3,Vernon Trading Est., New John St. Halesowen, New John Street, Halesowen B62 8HT
- Incorporated
- 01/02/2000
Company snapshot
- Status
- Active
- Employees
- 5 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-52.39%vs 20222022: £-45.14K
Total Assets
-98.50%vs 20222022: £140.67K
Cash in Bank
-51.12%vs 20212021: £52.99K
Total Liabilities
116.76%vs 20212021: £84.54K
Employees
0vs 20222022: 5
In 2023, GTS COMMUNICATIONS (UK) LIMITED reported net assets of £-68.80K. The same filing shows total assets of £2.11K, cash in bank of £25.90K and total liabilities of £183.24K. Reported headcount was 5 in 2023. Total Assets fell from £140.67K in 2022 to £2.11K in 2023 (-98.50%). Okredo holds filed figures for 2021–2023; 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
-52.39%from £-45.14K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures GTS COMMUNICATIONS (UK) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-520%vs 2021Total Assets
-98%vs 2021-85.7% a year compound (CAGR)
Employees
+25%vs 2021+1Biggest increase
Employees+25%
4 in 2021 to 5 in 2023
Biggest decrease
Net Assets-520%
£16.39K in 2021 to £-68.80K in 2023
GTS COMMUNICATIONS (UK) LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GTS COMMUNICATIONS (UK) 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
- -3,254.26%2023
- 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
- 130.26%2022
- 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
- 14.14%2022
- 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
- 18.41%2022
- 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 GTS COMMUNICATIONS (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 16.39K | -45.14K | -68.80K |
| Total Assets£ | 104.07K | 140.67K | 2.11K |
| Cash in Bank£ | 52.99K | 25.90K | – |
| Total Liabilities£ | 84.54K | 183.24K | – |
| Employees | 4 | 5 | 5 |
GTS COMMUNICATIONS (UK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GTS COMMUNICATIONS (UK) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
GTS COMMUNICATIONS (UK) LIMITED reported net assets of £-68.80K for 2023. That compares with £-45.14K in 2022, a change of -52.39%.
GTS COMMUNICATIONS (UK) LIMITED reported total assets of £2.11K for 2023. That compares with £140.67K in 2022, a change of -98.50%.
GTS COMMUNICATIONS (UK) LIMITED reported cash in bank of £25.90K for 2022. That compares with £52.99K in 2021, a change of -51.12%.
GTS COMMUNICATIONS (UK) LIMITED reported 5 employees in 2023, compared with 5 in 2022.
Between 2021 and 2023, GTS COMMUNICATIONS (UK) LIMITED's net assets fell by 520%, total assets fell by 98% and employee numbers rose by 25%. Total assets contracted at 85.7% a year across the two years to 2023, from £104.07K to £2.11K. Reported headcount went from 4 in 2021 to 5 in 2023 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.