GALILEO GLOBAL TECHNOLOGIES LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +33.2%

  £78,897,361 → £105,066,906

• Cash

  -28.4%

  £7,210,884 → £5,161,097

• Net assets

  -223%

  -£17,779,771 → -£57,423,189

• Employees

  -4.5%

  709 → 677

• Operating profit

  +87.3%

  -£23,269,044 → -£2,965,538

• Profit before tax

  +18.6%

  -£45,614,861 → -£37,133,139

• Wages

  -6.7%

  £28,472,752 → £26,559,019

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on this review, the directors have a reasonable expectation that the Group will be able to continue in operation for the next 12 months from the date of approval of the financial statements and the foreseeable future.”

Group structure

1. GALILEO GLOBAL TECHNOLOGIES LTD · parent
   1. Galileo Technologies S.A. 100% · Argentina
   2. GNC Galileo Venezuela S.A. 100% · Venezuela
   3. Gaz Naturel Incorporated 100% · United States of America
   4. Comusa Incorporated 100% · United States of America
   5. Galileo Technologies Corporation 100% · United States of America
   6. Methax UK Limited 100% · United Kingdom
   7. Galileo Technologies SAS 100% · France
   8. Edge Europe Holdco Limited 100% · United Kingdom
   9. Galileo Tecnologia para Gas Limited 100% · Brazil

Significant events

• “Galileo Group's revenue increased 33.17% year on year, driven by a 63.5% increase in sales of goods and construction contracts' revenue and a 38.2% increase in revenue from rendering of services. Gross margin increased substantially from (2.0%) in 2023 to 13.4% in 2024.”
• “On August 08, 2024, Galileo Technologies Corporation (GTC) and other entities submitted an irrevocable offer to Osvaldo Claudio del Campo (ODC), Pablo del Campo (PDC), Ulises de la Orden (UDO) and Boson Holding Corporation (Boson) to enter into a Separation and Release Agreement, which was accepted.”
• “On January 20, 2025, Galileo Global Technologies Ltd entered into a loan agreement for a principal amount of US$7,000,000. Additionally, on February 18th and March 10, 2025, additional loan agreements amounting US$3,000,000 and US$2,000,000 were entered into.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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