The Firmwatch take
Galtec Limited (02254217) currently shows: Watch signal detected, based on accounts to 30 September 2024; last refreshed 24 May 2026. Old public accounts — extracted from the latest filed accounts.
Companies House source·Accounts to 30 Sept 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
9 May 1988
38 years on the register
Sector
Other specialised construction activities n.e.c.
SIC 43999
Size
Not classified
Net assets
£7.8m
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Low insolvency risk
The latest public accounts do not show obvious balance-sheet stress. This does not rule out trading problems, but the filed numbers look comparatively steady.
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Sector benchmark · Specialist Trades
How this company compares in 113,141 filers in this sector
Top 10% in sector — Galtec Limited shows £7.8m in net assets. Sector median is £6k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£7.8m
Top 10% in sector · sector median £6k · 113,141 filers in this sector
Cash
Not disclosed
Working cap.
£6.4m
Median £7k
Current ratio
1.6×
Median 1.3×
Signals · 2
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Old public accounts
The latest extracted accounts period is more than 18 months old.
Address pattern · BS8 4HU
183 other UK companies registered at this postcode.
Active
172
Dissolved
3
Strike-off action
5
People
Who runs this company
- HJ
HANDLEY, John Martin
director · since 2019
Registered office
Address intelligence
183 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.