CGTECH LIMITED
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Cash
£1.7m
-59.4% lowest in 3 filed years
Net assets
£4.7m
+35.2% highest in 3 filed years
Employees
19
-5% vs 2024
Profit before tax
£1.6m
+39.6% highest in 3 filed years
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £5,130,000 | £5,605,000 | £6,001,000 | +7.1% | |
| Operating profit | £698,000 | £1,102,000 | £1,558,000 | +41.4% | |
| Profit before tax | £725,000 | £1,178,000 | £1,644,000 | +39.6% | |
| Net profit | £551,000 | £885,000 | £1,233,000 | +39.3% | |
| Cash | £3,030,000 | £4,158,000 | £1,690,000 | -59.4% | |
| Total assets less current liabilities | — | £3,673,000 | £5,002,000 | +36.2% | |
| Net assets | £2,618,000 | £3,503,000 | £4,736,000 | +35.2% | |
| Equity | £2,618,000 | £3,503,000 | £4,736,000 | +35.2% | |
| Average employees | 18 | 20 | 19 | -5% | |
| Wages | £1,389,000 | £1,561,000 | £1,629,000 | +4.4% | |
| Directors' remuneration | £135,000 | £166,000 | £173,000 | +4.2% |
Values shown as filed in the company's annual accounts. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 13.6% | 19.7% | 26.0% | |
| Net margin | 10.7% | 15.8% | 20.5% | |
| Return on capital employed | — | 30.0% | 31.1% | |
| Gearing (liabilities / total assets) | 57.8% | 51.2% | 48.1% | |
| Current ratio | 1.72x | 2.05x | 2.20x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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.”
Significant events
- “After the year end, a dividend of £1,436,000 was declared by the directors (2024: £nil).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PATEL, Dipak | Secretary | 2021-02-05 | — | — |
| MAGNUSSON, Daniel Rickard Alexander | Director | 2025-01-02 | Aug 1974 | Swedish |
| POWELL, Gavin Christopher | Director | 2020-06-10 | Sep 1966 | British |
| RONNIE, Alison Mary | Director | 2021-02-05 | Nov 1968 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| READ, Karen Elizabeth | Secretary | 1998-06-24 | 2015-10-16 |
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 1998-06-11 | 1998-06-24 |
| REED, John Thomas | Director | 1998-06-24 | 2018-05-01 |
| SHREWSBURY, Tony Stephen | Director | 2022-01-05 | 2022-05-16 |
| SHREWSBURY, Tony Stephen | Director | 2016-10-10 | 2022-01-04 |
| COMBINED NOMINEES LIMITED | Corporate Nominee Director | 1998-06-11 | 1998-06-24 |
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Director | 1998-06-11 | 1998-06-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sandvik Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-30 | Active |
| Cgtech Inc | Corporate entity | Shares 75–100% | 2016-06-11 | Ceased 2020-12-30 |
Filing timeline
Last 20 of 85 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-18 MA Memorandum articles
- 2023-12-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-25 | AA | accounts | Accounts with accounts type full | |
| 2026-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-07 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-18 | MA | incorporation | Memorandum articles | |
| 2023-12-18 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-16 | AA | accounts | Accounts with accounts type full | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-19 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-29 | CH01 | officers | Change person director company with change date | |
| 2022-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-22 | AA | accounts | Accounts with accounts type small | |
| 2021-06-23 | CS01 | confirmation-statement | Confirmation statement with updates |
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.