{"name":"GALTEC SOLUTIONS LIMITED","company_number":"05209602","status":"Active","type":"Private Limited Company","incorporated":"2004-08-19","dissolved":null,"registered_office":"Bridge End House, Low Lane, Horsforth, Leeds, LS18 4DF","postcode":"LS18 4DF","sic_codes":[{"code":62020,"description":"Information technology consultancy activities"}],"principal_activity":null,"previous_names":[{"name":"GALILEO TECHNOLOGY SOLUTIONS LIMITED","changed_on":"2005-09-16"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":38,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","profit_loss":245660,"net_assets":3125848,"cash":35,"average_employees":38},{"financial_date":"2024-12-31","profit_loss":345101,"net_assets":3117513,"cash":206334,"average_employees":39},{"financial_date":"2023-12-31","net_assets":3214158,"cash":35},{"financial_date":"2022-12-31","net_assets":3173104,"cash":174101},{"financial_date":"2021-12-31","net_assets":3118797,"cash":195090}],"officers":{"current":4,"resigned":13,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":4,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Galtec Solutions Limited presents a paradoxical financial position: strong net assets and consistent profitability coexist with near-zero cash and extreme debtor concentration. The 24% decline in operating profit on flat revenue is concerning, particularly given the thin 12.8% gross margin. The critical risk factor is the quality and composition of the £4.5M debtor book—if substantial intercompany balances are swept to the parent, the standalone liquidity position is precarious. Further investigation into group cash management practices and debtor aging is essential before any investment commitment.","website":"https://www.galtec.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/galtec-solutions","people":"https://www.companiesintheuk.co.uk/company/galtec-solutions/people","filing_history":"https://www.companiesintheuk.co.uk/company/galtec-solutions/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05209602","financials":"https://www.companiesintheuk.co.uk/company/galtec-solutions/financial","control":"https://www.companiesintheuk.co.uk/company/galtec-solutions/control","charges":"https://www.companiesintheuk.co.uk/company/galtec-solutions/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/galtec-solutions/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/galtec-solutions"}