How much does GN Teq Limited make?

GN Teq Limited reported revenue of £687k and a loss of £213k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does GN Teq Limited have?

GN Teq Limited reported an average of 33 employees in the year to 31 Dec 2023.

Is GN Teq Limited profitable?

No — GN Teq Limited reported a loss of £213k in the year to 31 Dec 2023.

Company No. 14055879 · Incorporated 20 Apr 2022

GN Teq Limited

Registered name: GN TEQ LIMITED

GN Teq Limited made £686k revenue and a £213k loss in the year to 31 Dec 2023.

GN Teq Limited’s revenue was £687k in the year to 31 Dec 2023, with a loss of £213k and 33 employees. The company is classified under “other transportation support activities” and is based in Milton Keynes; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52290Other transportation support activities SIC 62012Business and domestic software development SIC 62090Other information technology service activities SIC 78300Human resources provision and management of human resources functions

Status: Active
Location: Milton Keynes, South East
Age: 4 yrs · since 2022
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2023

Key figures

Independent

Revenue

£687k

Growth —

Profit

−£213k

Growth —

Profit margin

−31.1%

Gross 69.3%

Employees

Change —

Profit / employee

−£6.5k

Revenue/employee £20.8k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2023	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£128k	£687k
Cost of sales	£50.1k	£211k
Gross profit	£78.2k	£475k
Profit before tax	−£84.2k	−£49.6k
Profit after tax	−£342k	−£213k
Profit (best available)	−£342k	−£213k
Employees (average)	4	33
Ratios
Profit margin	−266.8%	−31.1%
Gross margin	60.9%	69.3%
Revenue per employee	£32.1k	£20.8k
Profit per employee	−£85.6k	−£6.5k
Balance sheet — indirect signals, not revenue
Cash at bank	£107k	£106k
Net assets	−£330k	£1m
Current assets	£298k	£277k
Debtors	£126k	£78.7k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −31.1%; Profit ÷ revenue.
Gross margin: 69.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £20.8k; Revenue ÷ average employees.
Profit per employee: −£6.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £1m
Cash at bank: —; Now £106k
Headcount: —; Now 33
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£213k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.