METHAX UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-31 (in 7mo)
Last made up 2025-12-17
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
-£4M
USD -5,032,000
-7.3% vs 2023
Profit before tax
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£5,233 | -£3,738 | |
| Profit before tax | -£3,505,270 | -£3,761,680 | |
| Net profit | -£3,505,270 | -£3,761,680 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | — | — | |
| Equity | — | — | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
—
Not reported
-
Employees
—
Not reported
-
Operating profit
+28.6%
-£5,233 -£3,738
-
Profit before tax
-7.3%
-£3,505,270 -£3,761,680
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Interest cover | -0.00x | -0.00x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Given the limited requirement for cash for the company expenditure and their understanding of the financial projections of the larger group, the directors have concluded it is appropriate to prepare the financial statements on a going concern basis.”
Group structure
- METHAX UK LIMITED · parent
- Galileo Technologies S.A. 1.32%
Significant events
- “On August 08, 2024 Galileo Technologies Corporation (GTC), Galileo Holdco 1 Limited (GH1), Galileo Holdco 2 Limited (GH2), Galileo Guernsey Limited (GGL), Galileo Guernsey II Limited (GG2) and Galileo Global Technologies Limited (GGT) submitted an irrevocable offer (the 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 (the Agreement). On the same date the offer was accepted.”
- “On March 4, 2025, GGT issued senior secured bonds governed by Norwegian law and intended for listing on the Nordic ABM. The initial issuance amounted to USD 55,000, with an option to increase the total up to USD 75,000.”
- “On December 15, 2025, the parent company, Galileo Global Technologies ("GGT"), implemented a comprehensive financial restructuring pursuant to which a substantial portion of the Group's existing indebtedness was converted into equity and the terms of the remaining financing arrangements were amended and restated.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AZTEC FINANCIAL SERVICES (UK) LIMITED | Corporate Secretary | 2016-12-21 | — | — |
| FLETCHER, David Ian | Director | 2025-12-15 | Mar 1965 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DE LA ORDEN, Ulises | Director | 2016-12-21 | 2024-08-15 |
| DEL CAMPO, Osvaldo Claudio | Director | 2016-12-21 | 2024-08-15 |
| DICKINSON, Mark Simon | Director | 2016-12-21 | 2018-12-06 |
| OBEROI, Salil | Director | 2018-12-06 | 2025-12-15 |
| SIKORSKI, Thomas Joseph | Director | 2016-12-21 | 2025-12-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Galileo Global Technologies | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-21 | Ceased 2016-12-21 |
| Galileo Global Technologies Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-21 | Active |
Filing timeline
Last 20 of 49 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-07 RESOLUTIONS Resolution
- 2026-03-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | AA | accounts | Accounts with accounts type full | |
| 2026-03-07 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-07 | MA | incorporation | Memorandum articles | |
| 2026-02-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-21 | AA | accounts | Accounts with accounts type full | |
| 2024-09-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-24 | AUD | auditors | Auditors resignation company | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2022-12-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.