GALTEC LIMITED Financials
- Company number
- 02254217CopyCopy
- Registered office
- Boyce's Building 40-42 Regent Street, Clifton, Bristol BS8 4HU
- Incorporated
- 09/05/1988
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-0.86%vs 20242024: £7.80M
Total Assets
-4.02%vs 20242024: £21.13M
Cash in Bank
-31.00%vs 20242024: £4.46M
Total Liabilities
-5.87%vs 20242024: £13.32M
Employees
0vs 20242024: 4
In 2025, GALTEC LIMITED reported net assets of £7.74M. The same filing shows total assets of £20.28M, cash in bank of £3.08M and total liabilities of £12.54M. Reported headcount was 4 in 2025. Cash in Bank fell from £4.46M in 2024 to £3.08M in 2025 (-31.00%). Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-0.86%from £7.80M in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures GALTEC LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+0.4%vs 2023+0.2% a year compound (CAGR)
Cash in Bank
-45.8%vs 2023-26.4% a year compound (CAGR)
Total Assets
-2.7%vs 2023-1.3% a year compound (CAGR)
Total Liabilities
-4.5%vs 2023-2.3% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+0.4%
£7.71M in 2023 to £7.74M in 2025
Biggest decrease
Cash in Bank-45.8%
£5.68M in 2023 to £3.08M in 2025
GALTEC LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GALTEC LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 38.15%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 61.85%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 24.56%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 15.19%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £9.26M2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GALTEC LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 6.44M | 7.71M | 7.80M | 7.74M |
| Total Assets£ | 13.82M | 20.84M | 21.13M | 20.28M |
| Cash in Bank£ | 5.04M | 5.68M | 4.46M | 3.08M |
| Total Liabilities£ | 7.38M | 13.13M | 13.32M | 12.54M |
| Employees | 4 | 4 | 4 | 4 |
GALTEC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GALTEC LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
GALTEC LIMITED reported net assets of £7.74M for 2025. That compares with £7.80M in 2024, a change of -0.86%.
GALTEC LIMITED reported total assets of £20.28M for 2025. That compares with £21.13M in 2024, a change of -4.02%.
GALTEC LIMITED reported cash in bank of £3.08M for 2025. That compares with £4.46M in 2024, a change of -31.00%.
GALTEC LIMITED reported 4 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, GALTEC LIMITED's net assets rose by 0.4%, cash in bank fell by 45.8%, total assets fell by 2.7% and total liabilities fell by 4.5%. Net assets compounded at 0.2% a year across the two years to 2025, from £7.71M to £7.74M. Reported headcount went from 4 in 2023 to 4 in 2025.
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.