G T EMISSIONS SYSTEMS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-17 (in 4mo)
Last made up 2025-09-03
Watchouts
Cash
£184K
-85.4% vs 2023
Net assets
£2M
-69.5% vs 2023
Employees
209
-4.6% vs 2023
Profit before tax
-£4M
-40% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £52,119,683 | £46,418,338 | |
| Operating profit | — | — | -£2,335,075 | -£3,210,084 | |
| Profit before tax | — | — | -£2,835,309 | -£3,969,663 | |
| Net profit | — | — | -£1,913,227 | -£3,884,697 | |
| Cash | — | — | £1,263,347 | £183,839 | |
| Total assets less current liabilities | — | — | £6,537,434 | £2,632,272 | |
| Net assets | — | — | £5,586,277 | £1,701,580 | |
| Equity | £10,643,603 | £7,420,754 | £5,586,277 | £1,701,580 | |
| Average employees | — | — | 219 | 209 | |
| Wages | — | — | £6,720,755 | £7,300,083 | |
| Directors' remuneration | — | — | £568,533 | £921,419 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-10.9%
£52,119,683 £46,418,338
-
Cash
-85.4%
£1,263,347 £183,839
-
Net assets
-69.5%
£5,586,277 £1,701,580
-
Employees
-4.6%
219 209
-
Operating profit
-37.5%
-£2,335,075 -£3,210,084
-
Profit before tax
-40%
-£2,835,309 -£3,969,663
-
Wages
+8.6%
£6,720,755 £7,300,083
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | -4.5% | -6.9% | |
| Net margin | — | — | -3.7% | -8.4% | |
| Return on capital employed | — | — | -35.7% | -122.0% | |
| Gearing (liabilities / total assets) | — | — | 79.2% | 93.0% | |
| Current ratio | — | — | 0.96x | 0.75x | |
| Interest cover | — | — | -4.67x | -4.23x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- G T EMISSIONS SYSTEMS LIMITED 2012-07-06 → present
- G T PRECISION PRODUCTS LIMITED 1999-11-01 → 2012-07-06
- KEFCO PRECISION ENGINEERS (PETERLEE) LIMITED 1974-10-09 → 1999-11-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have therefore been prepared on a going concern basis.”
Group structure
- G T EMISSIONS SYSTEMS LIMITED · parent
- GT Emissions Systems India Pvt. Ltd 1%
Significant events
- “During 2024, GT Emissions Systems' ultimate parent company, Knorr-Bremse AG, announced a decision to market and sell GT Group Ltd and its subsidiaries, announcing a new buyer in August 2024 with expectation to complete the transaction during the last quarter of 2024.”
- “A new Indian company, GT Emission Systems (India) Private Limited, registered corporation in India, was incorporated in December 2024 for this purpose.”
- “There was a change of board directors during 2024 with the Interim Finance Director being replaced by a permanent appointment in March 2024.”
- “Inflation continued to affect the price of raw materials, freight charges and energy costs through the year whilst global economies continued to react to rising costs of living, and impact of the Ukraine war among other factors.”
- “Interest rates began to decrease through 2024 which should help support the business with finance costs whilst investment in growth & engineering projects are supported.”
- “Following completion of the company sale in January 2025; further refinancing activities, including an invoice discounting line, and machinery asset finance, has been secured to replace the previous parent company cashpooling arrangement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLACK, Ian | Secretary | 2024-03-04 | — | — |
| BLACK, Ian Frederick | Director | 2024-03-04 | Nov 1984 | British |
| KEAN, Kelly Anne | Director | 2022-03-01 | Jul 1980 | British |
| MACHNICKI, Dean | Director | 2025-12-05 | Mar 1974 | British |
| WRIGHT, Stephen | Director | 2022-03-07 | Sep 1965 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Audrey | Secretary | — | 2003-08-06 |
| CONLEY, Neil Stuart | Secretary | 2003-08-06 | 2022-04-07 |
| WARR, Eliot James | Secretary | 2023-10-10 | 2024-03-04 |
| COSSEY COSEC SERVICES LIMITED | Corporate Secretary | 2025-01-22 | 2025-12-05 |
| BENDELOW, Keith | Director | — | 2019-02-08 |
| BYLES, Christopher Nicholas | Director | 2022-03-01 | 2023-09-30 |
| CONLEY, Neil Stuart | Director | 2016-07-05 | 2022-04-07 |
| GIBSON, Collin, Mr. | Director | 2016-07-05 | 2017-07-31 |
| HEWSON, Anthony John | Director | 2003-08-06 | 2006-09-21 |
| JAYES, Timothy Dean | Director | 2019-01-01 | 2022-03-31 |
| PEDERSEN, Christian | Director | 2003-08-06 | 2006-09-21 |
| TURNBULL, Catherine Louise | Director | 2016-07-05 | 2017-03-31 |
| TURNBULL, Geoffrey | Director | — | 2016-07-05 |
| TURNBULL, Sandra Elizabeth | Director | — | 2003-08-06 |
| VARE, Andrew Justin | Director | 2017-12-04 | 2020-08-03 |
| WARR, Eliot James | Director | 2023-10-10 | 2024-03-04 |
| W16S DIRECTORS LIMITED | Corporate Director | 2025-01-22 | 2025-12-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| W16s Directors Limited | Corporate entity | Significant influence | 2025-01-22 | Ceased 2025-12-05 |
| Gt Group Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-01-01 | Active |
| Knorr-Bremse Ag | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-01 | Ceased 2022-01-01 |
Filing timeline
Last 20 of 180 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-28 RESOLUTIONS Resolution
- 2025-12-28 MA Memorandum articles
- 2025-02-05 MA Memorandum articles
- 2025-02-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-28 | MA | incorporation | Memorandum articles | |
| 2025-12-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-31 | AA | accounts | Accounts with accounts type full | |
| 2025-02-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-05 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-02-05 | AP02 | officers | Appoint corporate director company with name date | |
| 2025-02-05 | MA | incorporation | Memorandum articles | |
| 2025-02-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-22 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.