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Galtec Services Limited

03309472

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

BOYCE'S BUILDING 40-42 REGENT STREET, BRISTOL, BS8 4HU
Incorporated 29/01/1997

Compliance

Last accounts

30/09/2024

medium

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

82990
Other business support service activities

Officers

Mr John Martin Handley

director · Since 24/01/2019

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 64

Also on 23 other boards

Mr Liam James Galvin

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 4 other boards

Mr Douglas Lee Green

director · Since 01/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Thomas Lee Rayer

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 3 other boards

Persons with Significant Control

Mr John Martin Handley

Significant control

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

CompanyRankvs 43611+ SIC 82990 peers
54

Financial strength27th percentile among SIC peers · 7/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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43611Galtec Services Limited
64
How is this score calculated?
Financial strength7/25 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.

Liquidity12/20 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

Going concern doubt: -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

£17.3M

Annual revenue

Net Worth

£2

Balance sheet strength

Cash

£48k

Cash in the bank

Profit Before Tax

£286k

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£4.1M

Current Liabilities

£3.0M

Debtors

£4.1M

Cost of Sales

£14.8M

Gross Profit

£2.5M

Admin Expenses

£2.2M

Operating Profit

£286k

Profit After Tax

£356k

138avg. employees+4

Tax at Year End

Corp tax£50k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.35
20231.56

Derived from filed accounts. Not audited figures.