GALTEC SERVICES LIMITED Financials
- Company number
- 03309472CopyCopy
- Registered office
- Boyce's Building 40-42 Regent Street, Clifton, Bristol BS8 4HU
- Incorporated
- 29/01/1997
Company snapshot
- Status
- Active
- Employees
- 130 (2025)
- Latest financial data
- 2025
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
30.70%vs 20242024: £1.07M
Total Assets
2.07%vs 20242024: £4.10M
Cash in Bank
-80.17%vs 20242024: £48.24K
Total Liabilities
-8.02%vs 20242024: £3.03M
Employees
-8vs 20242024: 138
In 2025, GALTEC SERVICES LIMITED reported net assets of £1.40M. The same filing shows total assets of £4.19M, cash in bank of £9.57K and total liabilities of £2.79M. Reported headcount was 130 in 2025. Net Assets rose from £1.07M in 2024 to £1.40M in 2025 (30.70%). 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
30.70%from £1.07M 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 SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+95.9%vs 2023+40% a year compound (CAGR)
Cash in Bank
-39.1%vs 2023-21.9% a year compound (CAGR)
Total Assets
+16.1%vs 2023+7.7% a year compound (CAGR)
Total Liabilities
-3.6%vs 2023-1.8% a year compound (CAGR)
Employees
-3%vs 2023-4Biggest increase
Net Assets+95.9%
£713.54K in 2023 to £1.40M in 2025
Biggest decrease
Cash in Bank-39.1%
£15.70K in 2023 to £9.57K in 2025
GALTEC SERVICES 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 SERVICES 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
- 33.37%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
- 66.63%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
- 0.34%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
- 0.23%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £128.79K2025
- 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 SERVICES 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£ | 324.29K | 713.54K | 1.07M | 1.40M |
| Total Assets£ | 1.36M | 3.61M | 4.10M | 4.19M |
| Cash in Bank£ | 106.00 | 15.70K | 48.24K | 9.57K |
| Total Liabilities£ | 1.04M | 2.89M | 3.03M | 2.79M |
| Employees | 117 | 134 | 138 | 130 |
GALTEC SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GALTEC SERVICES LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
GALTEC SERVICES LIMITED reported net assets of £1.40M for 2025. That compares with £1.07M in 2024, a change of 30.70%.
GALTEC SERVICES LIMITED reported total assets of £4.19M for 2025. That compares with £4.10M in 2024, a change of 2.07%.
GALTEC SERVICES LIMITED reported cash in bank of £9.57K for 2025. That compares with £48.24K in 2024, a change of -80.17%.
GALTEC SERVICES LIMITED reported 130 employees in 2025, compared with 138 in 2024.
Between 2023 and 2025, GALTEC SERVICES LIMITED's net assets rose by 95.9%, cash in bank fell by 39.1%, total assets rose by 16.1% and total liabilities fell by 3.6%. Net assets compounded at 40% a year across the two years to 2025, from £713.54K to £1.40M. Reported headcount went from 134 in 2023 to 130 in 2025 (-4).
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.