IGTL TECHNOLOGY LTD
Company number SC378560 · Monitor this company
Executive summary
IGTL Technology Ltd presents a medium-risk profile characterised by a significant financial turnaround driven primarily by a £700k capital injection from Zero Petroleum Limited, which transformed the company from deeply insolvent to net asset positive. While current liquidity is strong and profitability appears to be emerging, the company carries substantial accumulated losses, has nearly doubled its debtor book in the latest year (raising cash conversion and related party concerns), and operates with minimal public financial disclosure as a small entity. The company's viability appears contingent on continued shareholder support and the commercial success of its R&D activities within the Zero Petroleum group structure.
Shareholders' funds
£700,084
Balance sheet as at 2025-09-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2010-05-14
- Employees
- 3 (2025 accounts · was 2 in 2024)
- Registered office
- 4 Broad Street, Kirkwall, Scotland, KW15 1NX
- Postcode
- KW15 1NX
- Capital
- 316 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-09-30
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2026-05-18
- Next due by
- 2027-06-01
Nature of business (SIC)
- 72190 Other research and experimental development on natural sciences and engineering
Officers 4 current · 4 resigned
Group structure 1 subsidiary
-
CLEAN ENERGY FUELS LTD Dissolved
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| IGTL LIMITED | 2013-10-10 |
| INGEN GTL LIMITED | 2012-11-23 |
| IGEN GTL LIMITED | 2010-08-02 |
| RUBISLAW (XXXX) LIMITED | 2010-07-27 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 37 ALBERT STREET, ABERDEEN, AB25 1XU | 2018-05-14 |
| 7 QUEENS TERRACE, ABERDEEN, AB10 1XL | 2011-09-23 |
Among its peers
Top 10%
by shareholders' funds, of 197 similar companies in KW — measured against the wider sector
Among the biggest employers among its local peers (3 staff).
Among the oldest 25% of its local peers, trading since 2010.
The class of 2010
24%
of the 580 companies in this sector incorporated in 2010 are still active today; 74% have since been dissolved.
A fact about the year, not a forecast for this company.