Galtec Limited
02254217
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/09/2024
full
Next accounts due
30/06/2026
Confirmation statement
Last: 13/11/2025
Due 27/11/2026
Industry
Officers
director · Since 01/01/2018
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND · Age 64
Also on 2 other boards
director · Since 01/01/2018
ENGINEER
BRITISH · UNITED KINGDOM · Age 40
Also on 3 other boards
director · Since 24/01/2019
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 64
Also on 23 other boards
director · Since 01/03/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 34
Also on 4 other boards
Persons with Significant Control
Galtec Holdings Limited
Carrick House, Lypiatt Road, Cheltenham, GL50 2QJ
Reg: 02431549 · England And Wales · Private Limited Company
Notified 06/04/2016
Mr John Martin Handley
British · England · Age 64
Unit 1, Bentham Lane, Gloucester, GL3 4UD
Notified 24/01/2019
Former PSCs
Mr Terence Patrick Galvin
Ceased 04/05/2017
Mr Neil Michael Denniss
Ceased 24/01/2019
Charges2 outstanding
THE ROYAL BANK OF SCOTLAND PLC
GALTEC (HOLDINGS) LIMITED
GALTEC (HOLDINGS) LIMITED
CompanyRankvs 51290+ SIC 43999 peers63
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/09/2024
Turnover
£41.9M
Annual revenue
Net Worth
£7.8M
Balance sheet strength
Cash
£4.5M
Cash in the bank
Profit Before Tax
£441k
Bottom line earnings
Net Current Assets
£6.4M
Working capital
Current Assets
£16.7M
Current Liabilities
£10.3M
Fixed Assets
£4.4M
Debtors
£11.7M
Cost of Sales
£39.1M
Gross Profit
£2.8M
Admin Expenses
£2.4M
Operating Profit
£399k
Profit After Tax
£97k
Tax at Year End
People Costs(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.62 | +£97k |
| 2023 | 1.68 | — |
Derived from filed accounts. Not audited figures.