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Gallectric Limited

04498483

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

UNIT E11 LOWS LANE, ILKESTON, DE7 4RJ
Incorporated 30/07/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

John Blair Gallacher

director · Since 30/07/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 82

Also on 2 other boards

Mr David Blair Gallacher

director · Since 02/08/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Paul John Gallacher

director · Since 02/08/2002

ELECTICIAN

BRITISH · UNITED KINGDOM · Age 54

Mr David Blair Gallacher

secretary · Since 09/11/2012

Also on 1 other board

Persons with Significant Control

Mr David Blair Gallacher

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Unit E11, Lows Lane, Ilkeston, DE7 4RJ

Notified 06/04/2016

John Blair Gallacher

25–50% shares
25–50% votes

British · United Kingdom · Age 82

Unit E11, Lows Lane, Ilkeston, DE7 4RJ

Notified 06/04/2016

Paul John Gallacher

25–50% shares
25–50% votes

British · United Kingdom · Age 54

Unit E11, Lows Lane, Ilkeston, DE7 4RJ

Notified 06/04/2016

Former PSCs

David Blair Gallacher

Ceased 06/04/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 25/09/2014Registered 25/09/2014
charge
outstanding

HSBC BANK PLC

Created 18/07/2006Registered 22/07/2006
charge
outstanding

HSBC BANK PLC

Created 04/05/2006Registered 09/05/2006

CompanyRankvs 9943+ SIC 43210 peers
60

Financial strength91th percentile among SIC peers · 23/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.92× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9943Gallectric Limited
66
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.

Employees1/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£211k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£164k

Working capital

Current Assets

£342k

Current Liabilities

£178k

Fixed Assets

£60k

Debtors

£314k

0avg. employees-10

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities£224k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.92-£47k
20241.83+£151k
20231.43+£60k
20221.24+£42k
20211.04—

Derived from filed accounts. Not audited figures.