GALORE GROUP LTD

Executive Summary

GALORE GROUP LTD is a micro private company with a very modest financial base but currently meets its short-term obligations. It demonstrates compliance with filing requirements and some improvement in current assets, although the minimal equity and small scale of operations present operational and financial risks. Further review of cash flow and business model is recommended to fully assess sustainability.

GALORE GROUP LTD - Analysis Report

Company Number: 13154685

Analysis Date: 2025-07-29 20:42 UTC

1. Risk Rating: LOW to MEDIUM
   The company shows a very modest net asset base (£2) and minimal shareholder funds (£2), which is typical for micro-entities but indicates a very thin equity buffer. However, the company maintains a positive net current asset position and current liabilities are roughly matched by current assets. No overdue filings or signs of liquidation are present, which supports a low to medium risk rating overall.

2. Key Concerns:

• Very low net assets and shareholder funds suggest minimal financial cushion against adverse events.
• Net current assets are positive but marginal (£252 at 2024 year end), indicating limited working capital to absorb fluctuations.
• The company employs only one person, which may present operational risk relating to capacity and continuity.

3. Positive Indicators:

• The company is up to date with both accounts and confirmation statement filings, indicating good regulatory compliance.
• Current assets have nearly doubled from £9,202 in 2023 to £17,582 in 2024, showing potential improvement in liquidity.
• No indications of insolvency or distress such as overdue filings, negative net current assets, or director disqualifications.

4. Due Diligence Notes:

• Review detailed cash flow and turnover figures (not provided) to assess operational sustainability and cash generation capacity.
• Investigate the nature of current assets (e.g., cash, receivables, inventory) to determine liquidity quality.
• Understand the business model and revenue streams, given the small scale and limited staffing, to assess operational risks.
• Confirm director backgrounds and any related party transactions not visible in this summary.
• Monitor future filings for changes in net asset position or working capital trends.