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Galaxy Foods Limited

08698494

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

DANESBURY HOUSE, LUTON,, LU1 1PP
Incorporated 19/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores
96090
Other personal service activities

Officers

Mr Chor Ping Chan

director · Since 23/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Chor Ping Chan

25–50% shares

British · England · Age 59

1, Earlshall Place, Milton Keynes, MK4 4FW

Notified 06/04/2016

Former PSCs

Ms Mei Po Mabel Yeung

Ceased 03/11/2025

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 27/07/2017Registered 31/07/2017Satisfied 20/11/2017

CompanyRankvs 3759+ SIC 47290 peers
45

Financial strength7th percentile among SIC peers · 2/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 30/09/2024

Net Worth

-£52k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£114k

Working capital

Current Assets

£91k

Current Liabilities

£205k

Fixed Assets

£64k

Debtors

£18k

9avg. employees+1

Tax at Year End(2021)

Corp tax£2k

Balance Sheet

Assets less current liabilities-£50k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44+£1k
20230.35-£64k
20220.81+£232
20210.94+£2k
20201.05-£2k
20190.99-£1k
20181.10

Derived from filed accounts. Not audited figures.