G Tech Innovation Limited
- Small
- Active
- 7 years
- 8 employees
- £2,737,579 (assets)
- Real address
- 1 director
- 2 owners
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 1 month ago, a good sign to sell them something.
Field of Operation
Website
Summary
G Tech Innovation Ltd, based in Wolverhampton, UK, is a small, active company founded seven years ago in 2018. Employing eight people and holding assets of £2,737,579, it operates from a real address and is managed by two directors and owners. The company is an irregular importer and exporter of electrical machinery and equipment, with recent activity recorded in January 2025 (imports) and May 2024 (exports).
The company’s website paints a picture of a software development agency with over eight years of experience. It offers services like web development, mobile app development, and custom software solutions, catering to businesses seeking to improve their financial and branding milestones. The site highlights expertise in machine learning, artificial intelligence, and augmented reality, and boasts a client list including Moonkle LTD and SoftTech. They also provide services like software development, and even offer a range of services from custom software development to consultancy.
Financially, G Tech Innovation Ltd shows some concerning trends. While cash reserves increased significantly by 180%, reaching £5,000, net assets only rose by 86%, settling at £14,000. Bank borrowings remained stable, but creditors increased by 4.8% to £2.7 million. Trade debtors remained consistent, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The company’s directors acknowledge their responsibilities under the Companies Act, and the accounts are unaudited, as is typical for small companies.
The company's growth in employees, from eight to ten, suggests increased activity, but the relatively low net assets and reliance on creditors could indicate financial pressure. While the company’s website showcases a diverse range of services and a focus on innovation, the financial data suggests a need for careful management to ensure long-term sustainability.
Registered in England/Wales under the registration number 11256910, with a registered address at WV3 0LA, England, Wolverhampton, West Midlands, Libra House, 2 Upper Zoar Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 months
- 9
- 50%+
-
Resident of United Kingdom
-
Individual
- 9 months
- 6
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 9 months
- 8
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Unaudited abridged accounts made up to 2024-09-30Download 9 pages pdf report
-
Termination of appointment of Paulraj Singh Poonia as a director on 2025-05-21Download 1 page pdf report
-
Director's details changed for Mr Paulraj Singh Poonian on 2025-03-08Download 2 pages pdf report
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about G Tech Innovation Limited
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!