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Galloway Electrical Contractors Limited

04842721

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

424 MARGATE ROAD, RAMSGATE, CT12 6SR
Incorporated 23/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Christopher Galloway

director · Since 23/07/2003

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mrs Sandra Anne Galloway

secretary · Since 01/08/2007

PERSONAL ASSISTANT

BRITISH · UNITED KINGDOM · Age 63

Also on 3 other boards

Mrs Sandra Anne Galloway

director · Since 02/01/2008

SECRETARY

BRITISH · UNITED KINGDOM · Age 63

Also on 3 other boards

Mr Jamie Ryan Galloway

director · Since 01/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Mr Christopher Galloway

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 60

18 Parkwood Close, Broadstairs, CT10 2XN

Notified 06/04/2016

Mr Jamie Ryan Galloway

25–50% shares
25–50% votes

British · England · Age 30

18 Parkwood Close, Broadstairs, CT10 2XN

Notified 09/10/2017

Former PSCs

Mrs Sandra Anne Galloway

Ceased 09/10/2017

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 21/03/2005Registered 23/03/2005Satisfied 10/05/2005

CompanyRankvs 22008+ SIC 43210 peers
54

Financial strength39th percentile among SIC peers · 10/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees8/15 pts

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

Liquidity6/20 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.

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

£1k

Balance sheet strength

Cash

-£10

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£97k

Current Liabilities

£100k

Fixed Assets

£5k

Debtors

£94k

2avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97-£8k
20241.08-£12k
20231.29-£21k
20221.92-£16k
20211.75

Derived from filed accounts. Not audited figures.