Company Overview
Galleries (Fashions) Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Friday 02 March 1973, so this is a well established company. Galleries (Fashions) Limited has been in business for 53 years and 1 month. The accounts status is total exemption full and the accounts are next due on Tuesday 30 September 2025.
Registered Address

100 St. James Road, Northampton, NN5 5LF
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Companies House Data
Company NameGALLERIES (FASHIONS) LIMITED
Company Number01099755
Registered Office Address100 St. James Road
 NN5 5LF
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date02/03/1973
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2025
Accounts Last Made Up Date30/06/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date13/12/2016
Returns Last Made Up Date15/11/2015
Directors & Members
Show Resigned
Paul Richards - Director
(British, 58 years old, born March 1968)
Secretaries
Show Resigned
Paul Richards - Secretary
(British)
Appointed 27 November 2009
 Active
Other Company Directorships
Paul Richards
NEWTON & RICHARDS 1 LIMITED
PMFG LTD
PR RETAILING LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets 876,429 876,429 910,846
Current Assets 742,788 742,788 661,387
Creditors Due Within One Year 558,808 558,808 555,482
Working Cap 183,980 183,980 105,905
Total Assets Less Current Liabilities 1,060,409 1,060,409 1,016,751
Long-term Liabilities 214,684 214,684 652,302
Net Assets 845,725 845,725 364,449
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 845,725 845,725 364,449
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets 54.1% 54.1% 57.9%
Stocks Inventory - - -
Debtors 2.5% 2.5% 2.3%
Cash Bank In Hand 0.1% 0.1% 0.5%
Current Assets 45.9% 45.9% 42.1%
Creditors Due Within One Year 34.5% 34.5% 35.3%
Net Current Assets Liabilities 11.4% 11.4% 6.7%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 52.2% 52.2% 23.2%
Capital Employed - - -
Total Assets Less Current Liabilities 65.5% 65.5% 64.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Liquidity Ratio 1.3 1.3 1.2
Solvency Ratio 2.1 2.1 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 8
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 8
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Assets 1,619,217 1,619,217 1,572,233
Debt 773,492 773,492 1,207,784
Net Assets/Debt 845,725 845,725 364,449

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Previous accounting period extended from 30 June 2024 to 31 December 2024
Declaration of solvency
Appointment of a voluntary liquidator
Resolutions
Registered office address changed from 251-255 Wellingborough Road Northampton NN1 4EJ to 100 st. James Road Northampton NN5 5LF on 14 February 2025
Termination of appointment of Kirsty Louise Richards as a director on 31 December 2024
Confirmation statement made on 15 November 2024 with updates
Cessation of Kirsty Louise Richards as a person with significant control on 21 August 2024
Change of details for Mr Paul Richards as a person with significant control on 21 August 2024
Purchase of own shares.
Cancellation of shares. Statement of capital on 31 July 2024
Resolutions
Satisfaction of charge 7 in full
Satisfaction of charge 8 in full
Satisfaction of charge 6 in full
Confirmation statement made on 15 November 2023 with no updates
Confirmation statement made on 15 November 2022 with no updates
Confirmation statement made on 15 November 2021 with no updates
Confirmation statement made on 15 November 2020 with no updates
Confirmation statement made on 15 November 2019 with no updates
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