Galeid Ltd
- Small
- Holding
- Active
- 68 years
- 2 employees
- £191,799 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Galeid Ltd from Preston UK is a small, holding company with an active status, having been founded 68 years ago in 1957. The company employs just two people and holds assets totaling £191,799. With a real address and two directors, it’s a relatively small operation. Galeid Ltd regularly imports miscellaneous metal items – 19 months worth – and has exported them for four months.
The company’s website reveals a focus on patent integration, describing itself as an integrated patent search and analysis platform. It offers free trials and emphasizes its services to IP professionals. The site is constantly updated with new IP news and data, and the company’s name appears alongside various dates and IP-related acronyms. It’s a far cry from the metal import/export business suggested by its import/export activity.
Financially, Galeid Ltd’s recent report paints a mixed picture. While current assets increased by a respectable 32% to £190,000, net assets only grew slightly, by 3% to £380,000. Bank borrowings increased significantly, by 140%, to £180,000, while cash reserves fell by 89%, leaving just £7,300. Creditors decreased by 3.6%, which is a positive sign. The company meets two of the three conditions to be classified as a small company, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There’s no auditor mentioned, likely due to its small size.
The company’s financial health is a little concerning, with the large increase in debt and the decrease in cash reserves. However, the growth in current assets suggests that the business is still generating revenue. It's unclear how the patent integration business relates to the metal import/export activities, but both seem to be active.
Registered in England/Wales under the registration number 00576715, with a registered address at PR2 5AP, Preston, Lancashire, Unit 4 Astra Business Centre, Roman Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 6 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
-
Resident of Malta
-
Individual
- 13 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-20 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-01-31Download 10 pages pdf report
-
Confirmation statement made on 2024-01-20 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Galeid Ltd
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