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Galven Limited

04311763

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

UNIT 5 CRANBROOK WAY, SOLIHULL, B90 4GT
Incorporated 26/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Mr Richard Melvyn Eastburn

director · Since 17/03/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Biosite Systems

75–100% shares
75–100% votes
Appoint directors

Lancaster House, Drayton Road, Solihull, B90 4NG

Reg: 7308880 · Cardiff · Limited Company

Notified 23/03/2018

Former PSCs

Mr Giovanni Micciche

Ceased 23/03/2018

Warwick Student Living

Ceased 07/02/2020

Charges0 outstanding

charge
satisfied

JMC (MIDLANDS) LIMITED

Created 12/11/2001Registered 24/11/2001Satisfied 13/04/2015

CompanyRankvs 5093+ SIC 62012 peers
66

Financial strength93th percentile among SIC peers · 23/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 53.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/12/2022

Turnover

£51k

Annual revenue

Net Worth

£322k

Balance sheet strength

Cash

£328k

Cash in the bank

Net Current Assets

£322k

Working capital

Current Assets

£328k

Current Liabilities

£6k

Debtors

£571

Cost of Sales

£9k

Gross Profit

£42k

Admin Expenses

-£343

Operating Profit

£42k

Profit After Tax

£20k

0avg. employees-5

People Costs(2021)

Wages & salaries£81k
NI contributions£12k

Balance Sheet

Assets less current liabilities£322k
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
202253.64+£20k
202113.51

Derived from filed accounts. Not audited figures.