GALLIO CONSULTING LTD

Executive Summary

Gallio Consulting Ltd has ceased trading and exhibits deteriorating financial metrics with diminished liquidity and net assets. The company lacks the capacity to service debts or generate cash flow, raising significant credit risk. Credit extension is not recommended under current conditions; ongoing monitoring for insolvency developments is warranted.

GALLIO CONSULTING LTD - Analysis Report

Company Number: 14455986

Analysis Date: 2025-07-20 13:11 UTC

1. Credit Opinion: DECLINE
   Gallio Consulting Ltd shows a sharp decline in net assets and working capital from 2023 to 2025. The company ceased trading as of 31 January 2025, indicating no ongoing revenue generation or operational activity. Debtors have significantly reduced, and cash balances have diminished by approximately 40% over the period. The company's current liabilities, particularly corporation tax and accruals, remain substantial. Given the cessation of trading and weakening liquidity, the company lacks the capacity to service new or existing credit facilities reliably.

2. Financial Strength:
   The balance sheet reveals a reduction in net assets from £13,648 in 2023 to £7,466 in 2025, reflecting erosion of equity. Fixed assets are minimal and depreciating, with computer equipment valued at £1,542. Current assets have dropped from £42,984 to £20,649, primarily due to lower cash and debtor balances. Current liabilities decreased but remain significant at £14,725. Overall, the company’s financial strength is weak and declining, with limited tangible asset backing and reduced working capital.

3. Cash Flow Assessment:
   Cash at bank has declined from £34,644 to £20,431, and trade debtors have nearly disappeared, indicating possible collection issues or reduced business activity. The net current assets remain positive but have halved, suggesting a tightening liquidity position. The cessation of trading implies no incoming cash flows, which will stress the company’s ability to meet short-term obligations going forward. Cash flow outlook is negative without operating revenue or external funding.

4. Monitoring Points:

• Confirmation of company status post-trading cessation and any restructuring or insolvency proceedings.
• Monitoring outstanding tax liabilities and accruals for potential enforcement action.
• Verification of director intentions regarding company revival or formal closure.
• Watch for any new filings indicating resumption of operations or capital injections.
• Monitor for director conduct issues or disqualification risks given the cessation of activity.