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Galaxy Associates Limited

03376037

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O MORRIS LANE, POOLE, BH14 0HU
Incorporated 23/05/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Frederick William Baldwin

director · Since 16/06/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 85

Also on 2 other boards

Margaret Ann Baldwin

director · Since 04/08/1998

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 1 other board

Mr Russell Mark Baldwin

secretary · Since 09/11/2025

Persons with Significant Control

Margaret Ann Baldwin

25–50% shares
25–50% votes

British · England · Age 77

31-33 Commercial Rd, Poole, BH14 0HU

Notified 06/04/2016

Mr Frederick William Baldwin

25–50% shares
25–50% votes

British · England · Age 85

31-33 Commercial Rd, Poole, BH14 0HU

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

COUTTS & COMPANY

Created 05/09/2005Registered 13/09/2005

CompanyRankvs 1723+ SIC 41100 peers
64

Financial strength95th percentile among SIC peers · 24/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 308.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

for the foreseeable future despite the crisis. The directors do not consider the COVID-19 pandemic to be a cause for material uncertainty in respect of the company’s ability to continue as a going concern therefore the financial statements have been prepared on a going concern basis. 1.3 Revenue Turnover represents amounts receivable for goods and services net of VAT that fall within the

Key FinancialsYear ending 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£737k

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£2.8M

Current Liabilities

£9k

Debtors

£153k

2avg. employees+2

Tax at Year End(2023)

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024308.38+£0
20235.65

Derived from filed accounts. Not audited figures.