Galliard Homes Limited

Galliard Homes Limited, based in Loughton, UK, is a large, active company founded 37 years ago in 1987. Employing 309 people and boasting £52,307,780 in assets, it operates as a holding company with ten directors and one owner. The company’s registered address is a virtual address, with twenty-eight companies registered at the same location. Galliard Homes is involved in irregular importing of furniture, lighting, and prefabricated buildings (two months of imports) and irregular exporting of vehicles, parts, and accessories (one month of exports).

The company's website highlights Galliard Homes as London's leading property developer, showcasing a range of developments across London, Birmingham, Suffolk, and West Sussex. It’s clear the company is not an e-commerce business; instead, it functions as a property developer, marketing existing and planned developments. The site features detailed information about properties, floor plans, virtual viewings, and even a stamp duty calculator—all aimed at attracting potential buyers or investors. They offer a wide range of properties, from studios to six-bedroom homes, and cater to first-time buyers, investors, and those seeking buy-to-let opportunities.

Financially, Galliard Homes shows some concerning trends. Net assets plummeted 73%, dropping to -£28 million, while cash reserves fell 80%, leaving just £1.7 million. Bank borrowings increased by 13%, reaching £8.9 million, and administrative expenses decreased significantly by 49%, which could be a sign of cost-cutting measures. While turnover increased by 42%, net loss deepened by 96%, suggesting rising costs are outpacing revenue growth. Trade creditors decreased by 18%, which is a positive sign of improved debt management. The company’s auditor is Buzzacott LLP.

Despite these challenges, Galliard Homes’ focus on high-end developments and its established reputation in the London property market may help it weather the storm. The company’s long history and large workforce demonstrate a degree of stability, but the sharp decline in equity raises questions about its long-term financial health.

Registered in England/Wales under the registration number 02158998, with a registered address at IG10 3TS, Loughton, Essex, 3rd Floor, Sterling House Langston Road.

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