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Gala Tres (Trading) Limited

07407021

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

DERE STREET HOUSE BOWBURN NORTH INDUSTRIAL ESTATE, DURHAM, DH6 5PF
Incorporated 14/10/2010

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/10/2025

Due 28/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Francis Hogan

director · Since 16/06/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 58 other boards

Mrs Marie Elizabeth Mcquaid

director · Since 12/12/2017

SALES DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 15 other boards

Persons with Significant Control

Mr Michael Francis Hogan

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · England · Age 81

Dere Street House, Bowburn North Industrial Estate, Durham, DH6 5PF

Notified 14/10/2016

Mrs Marie Elizabeth Mcquaid

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · England · Age 50

Dere Street House, Bowburn North Industrial Estate, Durham, DH6 5PF

Notified 07/10/2025

Mr Michael Christopher Hogan

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · England · Age 52

Dere Street House, Bowburn North Industrial Estate, Durham, DH6 5PF

Notified 07/10/2025

Mrs Jennifer Moralee

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · England · Age 50

Dere Street House, Bowburn North Industrial Estate, Durham, DH6 5PF

Notified 07/10/2025

Former PSCs

Mrs Mary Rita Hogan

Ceased 20/11/2017

CompanyRankvs 18405+ SIC 68209 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 6.98× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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18405Gala Tres (Trading) Limited
76
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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£605k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£199k

Working capital

Current Assets

£233k

Current Liabilities

£33k

Fixed Assets

£406k

Debtors

£207k

0avg. employees

Balance Sheet

Assets less current liabilities£605k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20246.98

Derived from filed accounts. Not audited figures.