GALAXY CONNECT LIMITED

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

• Turnover

  -19.8%

  £20,769,080 → £16,646,718

• Cash

  -49.9%

  £335,546 → £168,039

  lowest in 4 filed years

• Net assets

  -61.2%

  £3,776,045 → £1,464,025

  lowest in 4 filed years

• Employees

  -6.6%

  392 → 366

• Operating profit

  -156.7%

  -£859,725 → -£2,207,267

  lowest in 4 filed years

• Profit before tax

  -157.1%

  -£858,717 → -£2,208,130

  lowest in 4 filed years

• Wages

  -2.3%

  £9,803,075 → £9,581,787

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

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.

1. GALAXY CONNECT LIMITED 2008-02-25 → present
2. FIELDFINE LIMITED 2007-01-22 → 2008-02-25

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Nagle James Associates Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. GALAXY CONNECT LIMITED · parent
   1. Galaxy Connect (Ireland) Limited 100% · Dalkey, Co. Dublin
   2. Galaxy Connect GMBH 100% · D-82031-Grunwald

Significant events

• “The EU entities have severe challenges due to government legislation and labour laws and have made these markets no longer attractive. Therefore, the management is focusing on its UK operations and withdrawing from its EU operations.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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