UK Companies House feature
GN TEQ LIMITED
Cash
£106K
-0.7% vs 2023
Net assets
£1M
+410.3% vs 2023
Employees
33
+725% vs 2023
Profit before tax
-£50K
+41% vs 2023
Profile
- Company number
- 14055879
- Status
- Active
- Incorporation
- 2022-04-20
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 52290
Net assets
2-year trend · vs UK Logistics & Mobility median
Accounts
2-year trend · latest 2023-12-31
| Metric | Trend | 2023-06-30 | 2023-12-31 |
|---|---|---|---|
| Turnover | £128,283 | £686,500 | |
| Operating profit | — | — | |
| Profit before tax | -£84,154 | -£49,615 | |
| Net profit | -£342,227 | -£213,164 | |
| Cash | £106,699 | £105,963 | |
| Total assets less current liabilities | £1,387,702 | £1,444,915 | |
| Net assets | -£329,754 | £1,023,293 | |
| Equity | -£329,754 | £1,023,293 | |
| Average employees | 4 | 33 | |
| Wages | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRSs
- Auditor
- Mehta & Tengra
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 original financial statements were authorised for issue.”
Significant events
- “During the year, GN TEQ has made great strides in marketing, selling and successfully deploying its ELIS & OC platforms in several markets including the Middle East, United Kingdom and South Africa. The modular approach to software development has enabled the company to develop critical logistics-centric modules that it successfully commercialised for its international customers. The company continues to invest in accelerating the pace of its software development and has developed a healthy pipeline of global customers that it is working to enroll on the platforms.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAZZARI, Francois Louis Emilio | Secretary | 2022-11-08 | — | — |
| ALQAHTANI, Saad Abdullah S | Director | 2024-02-28 | Mar 1986 | Saudi Arabian |
| CHOUDHRY, Sohail Afzal | Director | 2024-02-28 | Dec 1964 | New Zealander |
| KASSEM, Nabil | Director | 2022-11-01 | Jun 1959 | Canadian |
| LAZZARI, Francois Louis E. | Director | 2022-11-01 | Sep 1979 | British |
| QUSSOUS, Saed I. T. | Director | 2024-02-28 | Jul 1979 | Jordanian |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ZAGHLOUL, Nabil Munir Hanna | Secretary | 2022-04-20 | 2022-11-08 |
| ZAGHLOUL, Nabil Munir Hanna | Director | 2022-04-20 | 2024-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gnei Spv Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2024-01-11 | Ceased 2024-02-28 |
| Mr Francois Louis E. Lazzari | Individual | Shares 25–50%, Voting 25–50% | 2022-11-01 | Ceased 2023-03-31 |
| Nabil Munir Hanna Zaghloul | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-01 | Ceased 2022-11-01 |
| Cargo2001 Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-04-20 | Ceased 2022-07-01 |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-03 | AA | accounts | accounts with accounts type full |
| 2025-07-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-30 | AA | accounts | accounts with accounts type small |
| 2024-07-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-14 | AD01 | address | change registered office address company with date old address new address |
| 2024-03-07 | MA | incorporation | memorandum articles |
| 2024-03-05 | RESOLUTIONS | resolution | resolution |
| 2024-03-01 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
| 2024-02-29 | AP01 | officers | appoint person director company with name date |
| 2024-02-29 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-02-29 | AP01 | officers | appoint person director company with name date |
| 2024-02-29 | AP01 | officers | appoint person director company with name date |
| 2024-02-29 | TM01 | officers | termination director company with name termination date |
| 2024-02-28 | SH01 | capital | capital allotment shares |
| 2024-01-19 | CH01 | officers | change person director company with change date |
| 2024-01-17 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-01-17 | PSC09 | persons-with-significant-control | withdrawal of a person with significant control statement |
| 2024-01-05 | RESOLUTIONS | resolution | resolution |
| 2023-12-19 | SH01 | capital | capital allotment shares |
| 2023-12-12 | AA01 | accounts | change account reference date company current shortened |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory