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E.Gallone Limited

00680619

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

8 WELFORD ROAD, NN2 8AG
Incorporated 16/01/1961

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10520
Manufacture of ice cream

Officers

Aldo Christopher Gallone

director · Since 07/05/2004

MANAGER

BRITISH · ENGLAND · Age 57

Mrs Catherine Gallone

director · Since 03/10/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Persons with Significant Control

Mr Aldo Gallone

25–50% shares

British · England · Age 57

8 Welford Road, NN2 8AG

Notified 02/10/2018

Former PSCs

Mr Giulio Gallone

Ceased 02/10/2018

Charges3 outstanding

charge
outstanding

HSBC BANK PLC

Created 23/07/2012Registered 25/07/2012
charge
outstanding

HSBC BANK PLC

Created 30/03/2007Registered 31/03/2007
charge
outstanding

BARCLAYS BANK LTD

Created 12/02/1979Registered 01/03/1979
charge
satisfied

EDWARDS GALLONE.

Created 12/07/1969Registered 22/07/1969Satisfied 09/08/2012

CompanyRankvs 262+ SIC 10520 peers
34

Financial strength5th percentile among SIC peers · 1/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

-£171k

Balance sheet strength

Cash

-£3k

Cash in the bank

Net Current Assets

-£201k

Working capital

Current Assets

£167k

Current Liabilities

£368k

Fixed Assets

£44k

Debtors

£2k

8avg. employees-2

Balance Sheet

Assets less current liabilities-£157k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45-£46k
20240.54-£261k
20231.39+£11k
20221.41-£4k
20211.46+£127k
20201.21+£0
20191.42

Derived from filed accounts. Not audited figures.