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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-05-19 (in 1y)

Last made up 2026-05-05

Watchouts

None on the register

Cash

£13M

-21.7% vs 2023

Net assets

£3M

-36.5% vs 2023

Employees

61

+7% vs 2023

Profit before tax

£519K

-76.5% vs 2023

Accounts

3-year trend · latest reflected 2024-12-31

Metric Trend 2022-12-312023-12-312024-12-31
Turnover £29,082,000£26,889,000
Operating profit £2,222,000£462,000
Profit before tax £2,213,000£519,000
Net profit £1,407,000£179,000
Cash £15,987,000£12,520,000
Total assets less current liabilities £5,021,000£3,093,000
Net assets £4,868,000£3,093,000
Equity £4,868,000£3,093,000
Average employees 5761
Wages £16,665,000£15,549,000
Directors' remuneration £3,408,000£3,105,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2022-12-312023-12-312024-12-31
Operating margin 7.6%1.7%
Net margin 4.8%0.7%
Return on capital employed 44.3%14.9%
Current ratio 1.29x1.19x
Interest cover 58.47x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. IFCHOR GALBRAITHS UK LIMITED 2023-08-22 → present
  2. GALBRAITH'S LIMITED 1984-01-26 → 2023-08-22
  3. GALBRAITH WRIGHTSON LIMITED 1967-12-13 → 1984-01-26

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Kilsby & Williams LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. In applying this basis, the directors have reviewed the projections of cash flows over the 12 months from the approval of the financial statements and concluded that the company will be able to meet its liabilities as they fall due. The cash flow forecasts show positive cash position for the foreseeable future.”

Group structure

  1. IFCHOR GALBRAITHS UK LIMITED · parent
    1. Galbraith Shipping Services India Private Ltd 100% · India · developing tanker broking business in India

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 38 resigned

Name Role Appointed Born Nationality
COOK, Jonathan Secretary 2019-07-09
GALLAGHER, Michael Francis Director 2016-11-22 Apr 1981 British
MORTON, Thomas Devenish Director 2016-11-22 Mar 1978 British
ROYLE, Edward John Director 2012-02-28 Feb 1985 British
SAVAGE, John David Director 2016-11-22 Jun 1973 British
Show 38 resigned officers
Name Role Appointed Resigned
BEES, Timothy Henry Secretary 1991-07-26
DEMBY, Anthony Edward Secretary 2006-06-27 2014-03-18
GONZALEZ, Louis Secretary 2017-07-11 2019-04-05
ROMER-LEE, Simon William Secretary 2008-04-01 2008-04-01
SHARPE, John Michael Secretary 1997-04-01 2006-06-27
WILSON, Hamish Ian Whitelaw Secretary 1991-08-06 1997-02-19
AMATO, Keith Anthony Director 2012-04-03 2015-07-31
ANDERSEN, Bjorn Director 2005-01-01 2019-03-22
ASHFORD, Martin John Goodall Director 2005-12-01
BARTLEET, Peter Hiron Director 2005-01-01 2008-03-20
BEES, Timothy Henry Director 1991-07-26
BELL, Nigel Claude Director 1992-12-31
BLACK, Henri Richard Director 2016-11-22 2024-12-31
BURGESS, Alan George Director 2001-05-31
BUTLER, David George Director 2014-01-01 2025-06-30
DEAKIN, Jon Norman Director 2000-09-01 2002-10-31
DEMBY, Anthony Edward Director 2006-11-07 2014-03-18
DRAYTON, Michael Kenneth Director 2007-05-31
ELLEFSEN, Halvor Director 2012-02-28 2016-08-31
FLEET, Grahame Stuart Director 2000-01-25 2002-02-15
FOWLE, Charles Arthur Director 2012-10-08
GALLAGHER, Francis Director 1997-01-01 2008-11-01
HALL, James Alec Director 2006-06-30
HARMSWORTH, Richard James Director 2005-01-01 2010-06-04
HICKLING, Michael James Director 2001-05-31
HUANG, Jiulong Director 2010-05-27 2013-12-20
HUANG, Jiulong Director 2010-05-27 2010-05-27
HUBBARD, Nicholas Brian Fortescue Director 2009-05-15 2010-05-18
MILLER, Sean Martin Director 2008-11-01 2013-09-23
MOORE, Alan Arthur Edward Director 1997-01-01 2003-04-04
PALMER, James William Director 2001-10-01 2008-03-07
PARMENTER, Terrence George Director 2005-11-29 2006-03-13
ROKISON, Neil Edward Director 1998-06-01 2012-05-15
ROMER-LEE, Simon William Director 2008-04-01 2010-06-04
SAYER, Richard John Director 2002-10-07 2009-12-31
SHARPE, John Michael Director 1998-10-23 2006-06-27
SPENCER, Peter Kenneth Director 1998-01-15
WHICK, Daniel Matthew Director 2016-11-22 2023-12-04

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 213 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-08-22 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-04-26 MR04 mortgage Mortgage satisfy charge full PDF
2025-11-10 AA accounts Accounts with accounts type full PDF
2025-07-02 TM01 officers Termination director company with name termination date PDF
2025-05-27 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-04 TM01 officers Termination director company with name termination date PDF
2024-11-25 AUD auditors Auditors resignation company
2024-09-24 AA accounts Accounts with accounts type full
2024-07-09 CH01 officers Change person director company with change date PDF
2024-07-08 CH01 officers Change person director company with change date PDF
2024-07-08 CH01 officers Change person director company with change date PDF
2024-06-18 CS01 confirmation-statement Confirmation statement with updates PDF
2023-12-04 TM01 officers Termination director company with name termination date PDF
2023-10-13 AA accounts Accounts with accounts type full
2023-08-22 CERTNM change-of-name Certificate change of name company PDF
2023-06-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-17 AA accounts Accounts with accounts type full
2022-07-14 MR04 mortgage Mortgage satisfy charge full PDF
2022-07-14 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-07-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page