Gala Contract Upholstery Ltd
05106710
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Gary Terence Laing
British · Wales · Age 67
Units 15/17 Atlantic Business Centre, Atlantic Street, Altrincham, WA14 5NQ
Notified 06/04/2016
Former PSCs
Mrs Karen Laing
Ceased 03/04/2019
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 1069+ SIC 31090 peers58
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Net Worth
£22k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£5k
Working capital
Current Assets
£216k
Current Liabilities
£211k
Fixed Assets
£44k
Tax at Year End(2018)
Director Loans(2018)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.02 | -£98k | — |
| 2024 | 1.56 | -£116k | — |
| 2023 | 2.71 | -£32k | — |
| 2022 | 2.18 | +£68k | — |
| 2021 | 3.25 | +£4k | — |
| 2020 | 2.04 | -£84k | — |
| 2019 | 2.31 | -£119k | — |
| 2018 | 3.53 | — | £871k |
Derived from filed accounts. Not audited figures.