Company Overview
Galeco Communications Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 24 May 1989, so this is a well established company. Galeco Communications Limited has been in business for 36 years and 10 months. The accounts status is total exemption full and the accounts are next due on Friday 31 July 2026.
Registered Address

3 Richfield Place, Richfield Avenue, Reading, Berkshire, RG1 8EQ
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Companies House Data
Company NameGALECO COMMUNICATIONS LIMITED
Company Number02388429
Registered Office Address3 Richfield Place
 Richfield Avenue
 RG1 8EQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/05/1989
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date28/08/2016
Returns Last Made Up Date31/07/2015
Directors & Members
Show Resigned
Alida Copland - Director
(British, 61 years old, born May 1965)
Appointed 11 August 1992
 Active
Bradley Copland - Director
(British, 31 years old, born March 1995)
Appointed 11 July 2023
 Active
Secretaries
Show Resigned
Other Company Directorships
Alida Copland
GALECO HOLDINGS LIMITED
Bradley Copland
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 65,640 65,640 26,103
Current Assets 457,586 457,586 759,293
Creditors Due Within One Year 277,166 277,166 342,697
Working Cap 180,420 180,420 416,596
Total Assets Less Current Liabilities 246,060 246,060 442,699
Long-term Liabilities 10,600 10,600 4,587
Net Assets 235,460 235,460 438,112
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 235,460 235,460 438,112
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 12.5% 12.5% 3.3%
Stocks Inventory - - -
Debtors 48.5% 48.5% 25.8%
Cash Bank In Hand 33.2% 33.2% 61.5%
Current Assets 87.5% 87.5% 96.7%
Creditors Due Within One Year 53.0% 53.0% 43.6%
Net Current Assets Liabilities 34.5% 34.5% 53.0%
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 45.0% 45.0% 55.8%
Capital Employed - - -
Total Assets Less Current Liabilities 47.0% 47.0% 56.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 1.7 1.7 2.2
Solvency Ratio 1.8 1.8 2.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 523,226 523,226 785,396
Debt 287,766 287,766 347,284
Net Assets/Debt 235,460 235,460 438,112

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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.

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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 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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. 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.

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
Director's details changed for Mrs Alida Janette Copland on 4 February 2026
Notification of Galeco Holdings Limited as a person with significant control on 7 April 2016
Cessation of Alida Janette Copland as a person with significant control on 7 April 2016
Confirmation statement made on 31 July 2025 with no updates
Confirmation statement made on 31 July 2024 with no updates
Confirmation statement made on 31 July 2023 with no updates
Appointment of Mr Bradley Ellis Copland as a director on 11 July 2023
Confirmation statement made on 31 July 2022 with no updates
Confirmation statement made on 31 July 2021 with no updates
Confirmation statement made on 31 July 2020 with no updates
Confirmation statement made on 31 July 2019 with no updates
Confirmation statement made on 31 July 2018 with updates
Current accounting period extended from 30 April 2017 to 31 October 2017
Confirmation statement made on 31 July 2017 with updates
Confirmation statement made on 31 July 2016 with updates
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