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Galloway European Coachlines Limited

01185283

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

MONOMETER HOUSE, LEIGH ON SEA, SS9 2HL
Incorporated 26/09/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

CompanyRankvs 38520+ SIC 49390 peers
51

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£232k

Balance sheet strength

Cash

£163k

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£502k

Current Liabilities

£589k

Fixed Assets

£455k

Debtors

£280k

43avg. employees-12

Balance Sheet

Assets less current liabilities£368k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85+£13k
20230.63

Derived from filed accounts. Not audited figures.