GN TEQ LIMITED
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Cash
£531k
USD 715,708
+244.1% highest in 4 filed years
Net assets
£6.1m
USD 8,226,856
-2.3% first positive since 2023
Employees
—
Average over period
Profit before tax
£105k
USD 142,152
+121.3% highest in 4 filed years
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-06-30 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £128,283 | £686,500 | £2,482,567 | £4,464,347 | +79.8% | |
| Operating profit | — | -£49,232 | -£492,958 | £108,989 | +122.1% | |
| Profit before tax | -£84,154 | -£49,615 | -£494,523 | £105,493 | +121.3% | |
| Net profit | -£342,227 | -£213,164 | -£1,151,031 | £279,593 | +124.3% | |
| Cash | £106,699 | £105,963 | £154,354 | £531,138 | +244.1% | |
| Total assets less current liabilities | £1,387,702 | £1,444,915 | £6,248,093 | — | — | |
| Net assets | -£329,754 | £1,023,293 | £6,248,093 | £6,105,273 | -2.3% | |
| Equity | -£329,754 | £1,023,293 | £6,248,093 | £6,105,273 | -2.3% | |
| Average employees | 4 | 33 | — | — | — | |
| Wages | — | £296,979 | £861,367 | £1,373,970 | +59.5% | |
| Directors' remuneration | — | £73,333 | £179,133 | £172,750 | -3.6% | |
| Directors' pension contributions | £NaN | £2,981 | £7,335 | £7,075 | -3.5% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | -7.2% | -19.9% | 2.4% | |
| Net margin | — | -31.1% | -46.4% | 6.3% | |
| Return on capital employed | — | -3.4% | -7.9% | — | |
| Gearing (liabilities / total assets) | — | 47.7% | 20.0% | 22.4% | |
| Current ratio | — | 0.30x | 10.73x | 4.31x | |
| Interest cover | — | -2.63x | — | 31.18x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Mehta & Tengra
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, 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 are authorised for issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAZZARI, Francois Louis Emilio | Secretary | 2022-11-08 | — | — |
| ALQAHTANI, Saad Abdullah S | Director | 2024-02-28 | Mar 1986 | Saudi Arabian |
| CHOUDHRY, Sohail Afzal | Director | 2024-02-28 | Dec 1964 | New Zealander |
| KASSEM, Nabil | Director | 2022-11-01 | Jun 1959 | Canadian |
| LAZZARI, Francois Louis E. | Director | 2022-11-01 | Sep 1979 | British |
| QUSSOUS, Saed I. T. | Director | 2024-02-28 | Jul 1979 | Jordanian |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ZAGHLOUL, Nabil Munir Hanna | Secretary | 2022-04-20 | 2022-11-08 |
| ZAGHLOUL, Nabil Munir Hanna | Director | 2022-04-20 | 2024-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gnei Spv Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2024-01-11 | Ceased 2024-02-28 |
| Mr Francois Louis E. Lazzari | Individual | Shares 25–50%, Voting 25–50% | 2022-11-01 | Ceased 2023-03-31 |
| Nabil Munir Hanna Zaghloul | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-01 | Ceased 2022-11-01 |
| Cargo2001 Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-04-20 | Ceased 2022-07-01 |
Filing timeline
Last 20 of 44 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-07 MA Memorandum articles
- 2024-03-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-09 | AA | accounts | Accounts with accounts type full | |
| 2026-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-28 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-07-20 | CH01 | officers | Change person director company with change date | |
| 2025-09-03 | AA | accounts | Accounts with accounts type full | |
| 2025-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type small | |
| 2024-07-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-07 | MA | incorporation | Memorandum articles | |
| 2024-03-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-01 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-02-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-28 | SH01 | capital | Capital allotment shares | |
| 2024-01-19 | CH01 | officers | Change person director company with change date | |
| 2024-01-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.