Galleon Systems Limited
02860506
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 03/11/2025
Due 17/11/2026
Industry
Officers
secretary · Since 08/10/1993
SALES
BRITISH · ENGLAND · Age 69
Also on 27 other boards
director · Since 08/10/1993
SALES
BRITISH · ENGLAND · Age 69
Also on 27 other boards
director · Since 01/03/2018
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 7 other boards
director · Since 01/07/2023
ENGINEERING MANAGER
BRITISH · ENGLAND · Age 36
Also on 1 other board
Persons with Significant Control
Mr Mark Alexander Neal
British · England · Age 69
Unit 9 Fortnum Close, Birmingham, B33 0LG
Notified 01/05/2016
Charges2 outstanding
HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")
HSBC BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 121+ SIC 26200 peers65
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£881k
Balance sheet strength
Cash
£771k
Cash in the bank
Net Current Assets
£883k
Working capital
Current Assets
£1.1M
Current Liabilities
£262k
Fixed Assets
£10k
Debtors
£223k
Profit After Tax
£260k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.37 | +£203k |
| 2024 | 3.28 | +£260k |
| 2023 | 5.51 | +£95k |
| 2022 | 4.71 | — |
| 2021 | 3.95 | — |
| 2020 | 6.34 | — |
| 2019 | 2.69 | — |
| 2018 | 2.93 | — |
Derived from filed accounts. Not audited figures.