GTC UTILITY CONSTRUCTION LIMITED
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Cash
—
Latest balance sheet
Net assets
£2.1M
+3.2% vs 2023
Employees
407
-5.8% vs 2023
Profit before tax
£1.5M
-3.3% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £28,713,399 | £26,199,841 | -8.8% | |
| Operating profit | £1,280,186 | £1,191,329 | -6.9% | |
| Profit before tax | £1,515,861 | £1,465,207 | -3.3% | |
| Net profit | £1,167,696 | £1,065,100 | -8.8% | |
| Cash | — | — | — | |
| Total assets less current liabilities | — | — | — | |
| Net assets | £2,007,927 | £2,073,027 | +3.2% | |
| Equity | £2,007,927 | £2,073,027 | +3.2% | |
| Average employees | 432 | 407 | -5.8% | |
| Wages | £22,945,293 | £20,759,329 | -9.5% | |
| Directors' remuneration | £0 | £0 | — |
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 |
|---|---|---|---|
| Operating margin | 4.5% | 4.5% | |
| Net margin | 4.1% | 4.1% |
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 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue to adopt the going concern basis in preparing the annual report and financial statements. The directors have received assurances that the company will have access to the BUUK Group's financial resources for a period of at least one year from the date of signing of the financial statements and, that companies in the BUUK Group will not demand repayment of any inter-company debt where the company does not have the financial resources to effect such payment. In the longer term, the Directors have a reasonable expectation that the Group has adequate resources to continue in operation for the foreseeable future and that its financial support will be sufficient for the company to continue to trade and meet its obligations as they fall due.”
Significant events
- “The UK government introduced the Energy Act 2023, naming OFGEM the future regulator for heat networks across England, Scotland and Wales, as part of the plan to expand Great Britain's network of low carbon heating to promote the transition to net-zero emissions. When heat networks regulations come into force over the next few years, all heat networks will need to be authorised to be able to supply heat to their network. It has been determined that the new regulations will have no negative impact on the Group's future business prospects.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MUMFORD, Christopher | Secretary | 2013-03-05 | — | British |
| BRETT, Richard Mark | Director | 2023-07-28 | Jun 1985 | British |
| HOCKMAN, Samuel | Director | 2025-03-31 | Sep 1982 | British |
| LINSDELL, Clive Eric | Director | 2007-06-06 | Mar 1962 | British |
| TROUNSON, John | Director | 2017-12-01 | Dec 1966 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LARGENT, Barry Roy | Secretary | 2007-06-06 | 2011-03-31 |
| LEE, Simon John | Secretary | 2011-04-01 | 2013-03-05 |
| CORNEY, Darryl John | Director | 2013-10-28 | 2023-07-28 |
| DALE, John | Director | 2012-05-08 | 2017-12-29 |
| HINDLE, Nicola Ruth | Director | 2021-04-14 | 2023-12-20 |
| MORGAN, Dawn Caroline | Director | 2007-06-06 | 2011-10-31 |
| SHAW, Neil Edward | Director | 2007-06-06 | 2013-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Gas Transportation Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
| Buuk Infrastructure No 2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-07-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-20 | AA | accounts | Accounts with accounts type full | |
| 2022-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-14 | AA | accounts | Accounts with accounts type full | |
| 2021-06-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2020-08-05 | AA | accounts | Accounts with accounts type full | |
| 2020-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-04 | AA | accounts | Accounts with accounts type full | |
| 2019-06-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2019-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.