Greenray Turbine Solutions Limited

Active10673442Professional servicesIncorporated 16 Mar 2017 · Lincoln

The principal activity of the business in the period was the repair and maintenance of industrial gas turbines and, of growing importance, the design and installation of control systems for legacy installations. The company holds a unique position as a Siemens Energy strategic partner with OEM status for GEC and TA manufactured gas turbines.

Revenue

£9.7m

▲ +21.5% vs prior ~12m period

Profit after tax

£550k

Margin 7.1%

Employees

71

▲ +18.3% vs prior ~12m period

Net assets

£6.3m

Total assets £15.9m

Financial history

Revenue by accounting period

5 periods available · ▲ growth ▼ decline

Sept 2020
£7.9m
Sept 2021
£8.0m▲ +1.0%
Sept 2022
£9.7m▲ +21.5%
Sept 2023
Not available
Sept 2024
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
30 Sept 2024——£4.9m71£6.3m
30 Sept 2023——£1.6m60£2.5m
30 Sept 2022£9.7m▲ +21.5%£691k61£1.4m
30 Sept 2021£8.0m▲ +1.0%£555k59£810k
30 Sept 2020£7.9m—-£373k60£390k

Latest available figures

Period ending 30 Sept 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£9.7m
Gross profit
£4.0m
Operating profit
Not available
Profit before tax
£691k
Profit after tax
£550k

Balance sheet

Total assets
£15.9m
Cash
£3.4m
Total liabilities
£9.6m
Net assets
£6.3m
Revenue per employee
Not available

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