Gt Green Technologies Ltd

Gt Green Technologies Ltd is a small, active company based in Liverpool, UK, founded three years ago in 2021. With seven employees and £256,260 in assets, it’s a solo-founded operation run by two directors and a single owner. The company operates in the engineering sector, providing scientific and technical consulting activities. Its website highlights a groundbreaking wind propulsion system called AirWing, designed to reduce emissions for commercial shipping vessels. The technology is patented and aims to deliver significant fuel savings and greenhouse gas reductions.

The company’s website showcases AirWing as a game-changing solution for the shipping industry, emphasizing its compact size, ease of installation, and powerful thrust. It has a strong team of partners to deliver this product from concept to design to class approval to installation to commissioning. The website also features testimonials and news updates, including a recent Green Innovation Award.

Financially, Gt Green Technologies Ltd’s report reveals a mixed picture. While bank borrowings have increased significantly—over 200% to £250,000—cash reserves have also grown by 8.6% to £57,000. Creditors have dramatically increased, rising over 300% to £920,000, which could indicate investment in growth or increased operational costs. Equity, however, has plummeted over 1,000% to -£490,000, a concerning trend that suggests the company is burning through cash or facing significant losses. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on a niche technology and its strong partnerships suggest potential for growth, but the financial data indicates a need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 13705157, with a registered address at L7 3FA, England, Liverpool, The Spine, 2 Paddington Village.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.