# GM POWER ENGINEERING LIMITED (15098703)

> GM POWER ENGINEERING LIMITED is an active private limited company (company number 15098703) incorporated on 28 August 2023, registered in North Shields. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £4,288, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 58% on the prior period (£10k).

- Status: Active
- Incorporated: 2023-08-28
- Registered office: North Shields, NE30 2RH
- SIC 43210: Electrical installation
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-11
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 700 comparable companies in Newcastle (median £6,181, upper quartile £39k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £4,288 | — | — | £53k | — | — | 2 |
| 2024-08-31 | £10k | — | — | £23k | — | — | 2 |

current ratio 0.93; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £4,288 at 31 August 2025
- Net assets down 25% or more on the prior period: -57.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.93
- Incorporated two to five years ago: Incorporated 28 August 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mrs Gennavieve Kaye Mitchell — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-08-28
- Mr Grant Scott Mitchell — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-08-28

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/15098703
HTML: https://firmoscan.com/company/15098703-gm-power-engineering-limited