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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

1 item

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

Accounts

4-year trend · latest reflected 2024-12-31

Metric Trend 2021-12-312022-12-312023-12-312024-12-31
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 219209
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

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 2021-12-312022-12-312023-12-312024-12-31
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 0.96x0.75x
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

  1. G T EMISSIONS SYSTEMS LIMITED 2012-07-06 → present
  2. G T PRECISION PRODUCTS LIMITED 1999-11-01 → 2012-07-06
  3. 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

  1. G T EMISSIONS SYSTEMS LIMITED · parent
    1. GT Emissions Systems India Pvt. Ltd 1% · Karnataka, India

Significant events

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 PDF
2026-01-06 TM01 officers Termination director company with name termination date PDF
2026-01-06 TM02 officers Termination secretary company with name termination date PDF
2026-01-06 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2026-01-05 AP01 officers Appoint person director company with name date PDF
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 PDF
2025-09-03 CS01 confirmation-statement Confirmation statement with updates PDF
2025-08-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-31 AA accounts Accounts with accounts type full PDF
2025-02-28 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-02-28 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-02-05 AP04 officers Appoint corporate secretary company with name date PDF
2025-02-05 AP02 officers Appoint corporate director company with name date PDF
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 PDF
2024-10-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-22 MR04 mortgage Mortgage satisfy charge full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
11

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page