T. G. TUNNELLING LIMITED Financials
- Company number
- 03115151CopyCopy
- Registered office
- 2 Athenaeum Road, London N20 9AE
- Incorporated
- 18/10/1995
Company snapshot
- Status
- Active
- Employees
- 6 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-9.65%vs 20242024: £21.85M
Total Assets
-0.57%vs 20242024: £32.51M
Cash in Bank
540.75%vs 20242024: £1.20M
Total Liabilities
18.03%vs 20242024: £10.66M
Employees
-1vs 20242024: 7
In 2025, T. G. TUNNELLING LIMITED reported net assets of £19.74M. The same filing shows total assets of £32.32M, cash in bank of £7.70M and total liabilities of £12.58M. Reported headcount was 6 in 2025. Cash in Bank rose from £1.20M in 2024 to £7.70M in 2025 (540.75%). Okredo holds filed figures for 2022–2025; 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
-9.65%from £21.85M in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures T. G. TUNNELLING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-5.4%vs 2023-2.7% a year compound (CAGR)
Cash in Bank
+46.6%vs 2023+21.1% a year compound (CAGR)
Total Assets
+3.7%vs 2023+1.8% a year compound (CAGR)
Total Liabilities
+24.5%vs 2023+11.6% a year compound (CAGR)
Employees
+20%vs 2023+1Biggest increase
Cash in Bank+46.6%
£5.25M in 2023 to £7.70M in 2025
Biggest decrease
Net Assets-5.4%
£20.86M in 2023 to £19.74M in 2025
T. G. TUNNELLING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 T. G. TUNNELLING 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
- 61.07%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
- 38.93%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
- 61.19%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
- 23.82%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 T. G. TUNNELLING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 18.40M | 20.86M | 21.85M | 19.74M |
| Total Assets£ | 30.06M | 31.17M | 32.51M | 32.32M |
| Cash in Bank£ | 7.91M | 5.25M | 1.20M | 7.70M |
| Total Liabilities£ | 11.58M | 10.10M | 10.66M | 12.58M |
| Employees | 464 | 5 | 7 | 6 |
T. G. TUNNELLING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for T. G. TUNNELLING LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
T. G. TUNNELLING LIMITED reported net assets of £19.74M for 2025. That compares with £21.85M in 2024, a change of -9.65%.
T. G. TUNNELLING LIMITED reported total assets of £32.32M for 2025. That compares with £32.51M in 2024, a change of -0.57%.
T. G. TUNNELLING LIMITED reported cash in bank of £7.70M for 2025. That compares with £1.20M in 2024, a change of 540.75%.
T. G. TUNNELLING LIMITED reported 6 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, T. G. TUNNELLING LIMITED's net assets fell by 5.4%, cash in bank rose by 46.6%, total assets rose by 3.7% and total liabilities rose by 24.5%. Net assets contracted at 2.7% a year across the two years to 2025, from £20.86M to £19.74M. Reported headcount went from 5 in 2023 to 6 in 2025 (+1).
Okredo holds reported figures for the years 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.