Company Overview
Galets World Ltd is a Dissolved Private Limited Company.
Registered Address

14 Artillery Passage, London, E1 7LS
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Companies House Data
Company NameGALETS WORLD LTD
Company Number09839013
Registered Office Address14 Artillery Passage
 E1 7LS
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date23/10/2015
Accounting Reference Date Day30
Accounting Reference Date Month12
Accounts Next Due Date30/09/2020
Accounts Last Made Up Date31/12/2019
Returns Next Due Date20/11/2016
Directors & Members
Show Resigned
Vincent Couvreur - Director
(French, 43 years old, born May 1981)
Company Director - Appointed 23 October 2015
 Active
Emilien Lesourd - Director
(French, 39 years old, born October 1985)
Company Director - Appointed 23 October 2015
 Active
Secretaries
Show Resigned
Other Company Directorships
Vincent Couvreur
No companies found
Emilien Lesourd
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2018 31-Dec-2017
Balance Sheet
Fixed Assets 0 563,694 604,409
Current Assets 6,346 84,330 145,294
Creditors Due Within One Year 2,000 27,518 65,710
Working Cap 4,346 56,812 79,584
Total Assets Less Current Liabilities 4,346 620,506 683,993
Long-term Liabilities 1,340,002 1,464,015 1,053,624
Net Assets -1,335,656 -843,509 -369,631
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -1,335,656 -843,509 -369,631
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2018 31-Dec-2017
Tangible Fixed Assets - - -
Fixed Assets 0.0% 87.0% 80.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 13.0% 19.4%
Creditors Due Within One Year 31.5% 4.2% 8.8%
Net Current Assets Liabilities 68.5% 8.8% 10.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -21047.2% -130.2% -49.3%
Capital Employed - - -
Total Assets Less Current Liabilities 68.5% 95.8% 91.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2018 31-Dec-2017
Liquidity Ratio 3.2 3.1 2.2
Solvency Ratio 0.0 0.4 0.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2018 31-Dec-2017
Assets 6,346 648,024 749,703
Debt 1,342,002 1,491,533 1,119,334
Net Assets/Debt -1,335,656 -843,509 -369,631
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 22 October 2019 with no updates
Confirmation statement made on 22 October 2018 with no updates
Previous accounting period shortened from 31 December 2017 to 30 December 2017
Registered office address changed from 140 Holland Park Avenue London W11 4UE England to 14 Artillery Passage London E1 7LS on 4 December 2017
Confirmation statement made on 22 October 2017 with no updates
Termination of appointment of Kendrick Secretaries Limited as a secretary on 9 February 2017
Secretary's details changed for Kendrick Secretaries Limited on 1 January 2017
Registered office address changed from 6th Floor 96 Wigmore Street London W1U 3RF England to 140 Holland Park Avenue London W11 4UE on 16 November 2016
Confirmation statement made on 22 October 2016 with updates
Director's details changed for Mr. Emilien Lesourd on 2 November 2016
Correction of a Director's date of birth incorrectly stated on incorporation / mr. Vincent couvreur
Current accounting period extended from 31 October 2016 to 31 December 2016
Incorporation
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