Global Tunnelling Experts Uk Limited
06353379
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 02/09/2025
Due 16/09/2026
Industry
Officers
director · Since 28/08/2007
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 1 other board
Persons with Significant Control
Dr Marin Herrenknecht
German · Germany · Age 84
Schlehenweg 5, Schwanau, 77963
Notified 03/09/2025
Mr Martin-Devid Herrenknecht
German · Germany · Age 39
Schlehenweg 5, Schwanau, 77963
Notified 03/09/2025
Former PSCs
Mr Kevin Browning
Ceased 03/09/2025
Charges0 outstanding
MARTYN ROBERT CRUSE
CompanyRankvs 270+ SIC 43999 peers80
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c
Key FinancialsYear ending 31/12/2024
Turnover
£7.4M
Annual revenue
Net Worth
£2.4M
Balance sheet strength
Cash
£1.9M
Cash in the bank
Profit Before Tax
£391k
Bottom line earnings
Net Current Assets
£2.4M
Working capital
Current Assets
£2.8M
Current Liabilities
£452k
Fixed Assets
£19k
Debtors
£917k
Cost of Sales
£5.4M
Gross Profit
£2.1M
Admin Expenses
£1.7M
Profit After Tax
£591k
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.26 | -£1.7M |
| 2023 | 4.28 | -£1.0M |
| 2022 | 2.94 | +£1.0M |
| 2021 | 2.44 | +£1.6M |
| 2020 | 1.85 | +£980k |
| 2019 | 1.47 | — |
Derived from filed accounts. Not audited figures.