Galleos Limited

Galleos Limited, based in Leeds, UK, is a small, active company founded 16 years ago. With five employees and £507,468 in assets, it's a solo-founded operation managed by a single director and owner, Brown Nicholas. The company holds a respectable Google rating of 4.0 based on just one review. Galleos Limited regularly imports electrical machinery and equipment, with 28 months of import activity recorded, the latest in February 2024.

The company operates within the "other manufacturing n.e.c." industries, suggesting a diverse range of activities. While no website is available for review, this indicates a business-to-business focus rather than direct consumer sales.

Financially, Galleos Limited presents a mixed picture. Cash reserves have increased significantly, jumping 110% to £350,000, a positive sign of improved liquidity. However, creditors have also risen by 53%, reaching £440,000, which could indicate increased reliance on short-term financing. Net assets have surged 230%, reaching £68,000, a substantial improvement, likely driven by increased cash holdings. Trade debtors have also increased by 12%, reaching £140,000, which could be a cause for concern if payments are delayed. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors warrants monitoring. As a small company, Galleos Limited is exempt from an audit, so the financial data is unaudited. It's clear that the company is growing, but it's important to ensure that this growth is sustainable and that the increase in creditors doesn’t become a burden.

Registered in England/Wales under the registration number 06734596, with a registered address at LS13 4DL, United Kingdom, Leeds, West Yorkshire, 14 Elder Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.