Galileo Its Ltd
05988571
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/11/2024
micro entity
Next accounts due
31/08/2026
Confirmation statement
Last: 03/11/2025
Due 17/11/2026
Industry
Officers
director · Since 03/11/2006
CONSULTANT
BRITISH · ENGLAND · Age 63
Also on 3 other boards
Persons with Significant Control
Mr Neil Andrew Herron
British · England · Age 63
2 Ashill Court, Ashbrooke Crescent, Sunderland, SR2 7HX
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 129239+ SIC 82990 peers25
Show leaderboard
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 30/11/2024
Net Worth
-£68k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£68k
Working capital
Current Assets
£123
Current Liabilities
£68k
Fixed Assets
£1
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£96 |
| 2023 | 0.00 | -£100 |
| 2022 | 0.14 | -£127k |
| 2021 | 0.24 | +£77 |
| 2020 | 0.22 | +£476 |
| 2019 | 0.00 | +£610 |
| 2018 | 0.01 | — |
Derived from filed accounts. Not audited figures.