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Galgate Developments (Barnard Castle) Limited

12758356

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 21/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Jessie Joseph Bechard

director · Since 21/07/2020

DIRECTOR

AMERICAN · ENGLAND · Age 53

Also on 2 other boards

Mr Paul Million

director · Since 21/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mr Jessie Joseph Bechard

25–50% shares
25–50% votes

American · England · Age 53

65, Duke Street, Darlington, DL3 7SD

Notified 21/07/2020

Mr Paul Million

25–50% shares
25–50% votes

British · United Kingdom · Age 55

65, Duke Street, Darlington, DL3 7SD

Notified 21/07/2020

CompanyRankvs 311978+ SIC 68209 peers
24

Financial strength3th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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311978Galgate Developments (Barnard Castle) Limited
23
How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 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.

Longevity6/15 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 31/03/2025

Net Worth

-£88k

Balance sheet strength

Cash

£30

Cash in the bank

Net Current Assets

-£517k

Working capital

Current Assets

£30

Current Liabilities

£517k

Fixed Assets

£429k

Balance Sheet

Assets less current liabilities-£88k
Signed by Mr J Bechard 03/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£12k
20240.00-£19k
20230.00-£11k
20220.02-£32k
20210.01—

Derived from filed accounts. Not audited figures.