Gtec Engineering Limited
03842522
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/09/1999
SALE REPRESENTATIVE
BRITISH · ENGLAND · Age 58
Also on 2 other boards
director · Since 16/09/1999
ENGINEER
BRITISH · ENGLAND · Age 64
Also on 2 other boards
director · Since 16/09/1999
FINANCE ADMINISTRATOR
BRITISH · ENGLAND · Age 62
Also on 2 other boards
director · Since 16/09/1999
ENGINEER
BRITISH · ENGLAND · Age 63
Also on 2 other boards
Persons with Significant Control
Mr Jason Young
British · England · Age 43
17, Chandlers Drive, Tamworth, B77 4NY
Notified 19/09/2016
Mr Thomas Mark Wells
British · England · Age 64
2, Yew Tree Road, Birmingham, B36 0BN
Notified 19/09/2016
Mr Graham Nathaniel Young
British · England · Age 63
98, Austrey Road, Tamworth, B79 0HQ
Notified 19/09/2016
Mrs Sharron Anne Wells
British · England · Age 58
2, Yew Tree Road, Birmingham, B36 0BN
Notified 19/09/2016
Mr Annette Young
British · England · Age 62
98, Austrey Road, Tamworth, B79 0HQ
Notified 19/09/2016
CompanyRankvs 147+ SIC 25620 peers85
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
£945k
Balance sheet strength
Cash
£570k
Cash in the bank
Net Current Assets
£930k
Working capital
Current Assets
£1.8M
Current Liabilities
£837k
Fixed Assets
£19k
Debtors
£1.2M
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.11 | -£301k |
| 2024 | 2.47 | +£44k |
| 2023 | 2.34 | +£838k |
| 2022 | 1.28 | +£312k |
| 2021 | 1.04 | — |
Derived from filed accounts. Not audited figures.