GALM'S LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-03 (in 10mo)
Last made up 2026-02-17
Watchouts
None on the register
Cash
£2M
-29.1% vs 2023
Net assets
£557K
-29.5% vs 2023
Employees
1,025
+9.3% vs 2023
Profit before tax
-£401K
-159% vs 2023
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £39,192,612 | £39,064,081 | |
| Operating profit | — | — | £781,177 | -£194,760 | |
| Profit before tax | — | — | £679,372 | -£400,700 | |
| Net profit | — | — | £22,544 | -£14,210 | |
| Cash | — | — | £2,577,550 | £1,826,561 | |
| Total assets less current liabilities | — | — | £2,630,206 | £3,885,064 | |
| Net assets | — | — | £789,483 | £556,774 | |
| Equity | £1,027,630 | £936,487 | £789,483 | £556,774 | |
| Average employees | — | — | 938 | 1,025 | |
| Wages | — | — | £10,230,774 | £10,768,121 | |
| Directors' remuneration | — | — | £13,073 | £13,174 |
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
-
Turnover
-0.3%
£39,192,612 £39,064,081
-
Cash
-29.1%
£2,577,550 £1,826,561
-
Net assets
-29.5%
£789,483 £556,774
-
Employees
+9.3%
938 1,025
-
Operating profit
-124.9%
£781,177 -£194,760
-
Profit before tax
-159%
£679,372 -£400,700
-
Wages
+5.3%
£10,230,774 £10,768,121
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 2.0% | -0.5% | |
| Net margin | — | — | 0.1% | -0.0% | |
| Return on capital employed | — | — | 29.7% | -5.0% | |
| Current ratio | — | — | 0.52x | 0.63x | |
| Interest cover | — | — | 7.67x | -0.95x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- THP Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company continued to generate significant operating cash flows and continued to increase operations year-on-year. Despite this, the balance sheet as at 31 December 2024 shows a net current liability position of £1,525,749 (2023: £2,937,132). The Company continues to meet its day to day working capital requirements through operating cash flows and finances all significant refurbishments via a combination of bank finance and working capital. Having considered all the relevant facts the Director considers it is appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “The company acquired 1 new store and the total number of stores stands at 10.”
- “The company continues to substantially invest in its restaurants as part of programme to upgrade the looks and feel of its restaurants with new and enhanced equipment and thereby improve its customers' and employees' experience.”
- “Subsequent to the year-end, the Company acquired 2 restaurants previously operated under Business Finance Lease arrangements for a total consideration of £2.55 million and significant improvement works amounting to £420k were undertaken. The acquisitions and associated refurbishment costs were financed through a loan facility of £3 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABBOTT, Michelle Karen | Secretary | 2003-02-17 | — | British |
| ABBOTT, Gregory Thomas | Director | 2003-02-17 | Jul 1965 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-02-17 | 2003-02-17 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2003-02-17 | 2003-02-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gregory Thomas Abbott | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-02-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-03 | CH01 | officers | Change person director company with change date | |
| 2023-02-03 | CH03 | officers | Change person secretary company with change date | |
| 2023-02-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-08-03 | AA | accounts | Accounts with accounts type full | |
| 2022-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-12 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-02-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-09-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.