Galen Finance Limited in Milton Keynes, MK9 1LR

Description

Data updated on: 01-11-2023

This enterprise operates under the name of Galen Finance Limited. The company was originally established 48 years ago and was registered under 01283656 as its reg. no. The registered office of the company is based in Milton Keynes. You can contact it at Suite 576, 2nd Floor, Elder House, Elder Gate. The company's Standard Industrial Classification Code is 64910 which stands for Financial leasing. The most recent accounts cover the period up to Friday 31st March 2023 and the most current annual confirmation statement was filed on Monday 23rd October 2023.

Currently, there seems to be only a single director in the company: Lindsay T. (since Tuesday 5th December 2023). Jonathan S. had fulfilled assigned duties for the following business up to the moment of the resignation in 2023. Additionally a different director, namely Andy W. quit one year ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-01-31	2013-01-31	2016-01-31	2017-01-31	2018-01-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 248 414	1 147 825

Balance Sheet
Cash Bank In Hand	61 006	8 451
Cash Bank On Hand			2 786	803	694	37 298	23 593	190 091
Current Assets	2 271 628	1 697 589	921 928	929 004	411 967	531 793	3 604 610	3 417 150	4 992 034
Debtors	2 210 622	1 689 138	919 142	928 201	411 273	494 495	3 581 017	3 227 059	4 992 034	9 281 732
Net Assets Liabilities							890 748	1 103 480	2 582 088	5 415 758
Net Assets Liabilities Including Pension Asset Liability	1 248 414	1 147 825
Other Debtors				180 442	59 980	494 495	3 581 017	2 815 203	4 429 625	7 099 618
Property Plant Equipment			69 070	51 803

Capital & Reserves
Called Up Share Capital	1 000 000	1 000 000
Profit Loss Account Reserve	248 414	147 825
Shareholder Funds	1 248 414	1 147 825

Other Financial Data
Audit Fees Expenses	8 500
Accrued Liabilities				1 500
Accrued Liabilities Deferred Income			145 568	122 169
Accumulated Amortisation Impairment Intangible Assets							275 000	550 000	825 000	1 100 000
Accumulated Depreciation Impairment Property Plant Equipment			32 975	50 242
Administrative Expenses	509 402	248 119
Amounts Owed By Group Undertakings			747 759	747 759	351 293
Amounts Owed By Group Undertakings Other Participating Interests After One Year	862 055	834 625
Amounts Owed To Group Undertakings Other Participating Interests After One Year	72 500
Bank Borrowings	413 213	60 926
Bank Borrowings Overdrafts	329 544	352 288						50 000	42 500	33 397
Bank Borrowings Secured	742 757	413 214
Creditors			503 104	549 136	1 500	83 309	3 538 862	50 000	42 500	33 397
Creditors Due After One Year	485 713	60 926
Creditors Due Within One Year	537 581	488 918
Debtors Due After One Year	1 576 864	1 541 527
Debtors Due Within One Year	633 758	147 611
Disposals Decrease In Depreciation Impairment Property Plant Equipment					50 242
Disposals Property Plant Equipment					102 045
Fixed Assets	80	80
Increase From Amortisation Charge For Year Intangible Assets							275 000	275 000	275 000	275 000
Increase From Depreciation Charge For Year Property Plant Equipment				17 267
Intangible Assets							825 000	550 000	275 000	2 123 017
Intangible Assets Gross Cost							1 100 000	1 100 000	1 100 000	3 223 017
Interest Payable Similar Charges	97 037	33 962
Investments Fixed Assets	80	80
Net Current Assets Liabilities	1 734 047	1 208 671	418 824	379 868	410 467	448 484	65 748	603 480	2 349 588	3 326 138
Number Shares Allotted		1 000 000
Operating Profit Loss	117 021	-66 627
Other Creditors			298 391	425 467	1 500	83 309	2 837 602	1 706 745	1 185 350	4 163 932
Other Creditors Due Within One Year	19 521	136 630
Other Operating Income	63 319	13 644
Other Taxation Social Security Payable							251 260	656 925	1 007 096	1 341 662
Par Value Share		1
Profit Loss For Period	19 984	-100 589
Profit Loss On Ordinary Activities Before Tax	19 984	-100 589
Property Plant Equipment Gross Cost			102 045	102 045
Recoverable Value-added Tax			7 480	7 480
Secured Debts	929 425	413 214
Share Capital Allotted Called Up Paid	1 000 000	1 000 000
Tangible Fixed Assets Cost Or Valuation	7 777
Tangible Fixed Assets Depreciation	7 777
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		7 777
Tangible Fixed Assets Disposals		7 777
Total Additions Including From Business Combinations Intangible Assets							1 100 000			2 123 017
Total Assets Less Current Liabilities	1 734 127	1 208 751	487 894	431 671	410 467	448 484	890 748	1 153 480	2 624 588	5 449 155
Trade Creditors Trade Payables			59 145				450 000	450 000	450 000	450 000
Trade Creditors Within One Year	1 848
Trade Debtors Trade Receivables								411 856	562 409	2 182 114
Turnover Gross Operating Revenue	563 104	167 848

Company staff

Lindsay T.

Role: Director

Appointed: 05 December 2023

Latest update: 1 January 2024

Jonathan S.

Role: Director

Resigned: 05 December 2023

Latest update: 1 January 2024

The companies with significant control over this firm are as follows: Future Proof Technology Ltd has substantial control or influence over the company. This business can be reached in Lidlington at Beckerings Business Park, MK43 0RD, Bedfordshire and was registered as a PSC under the reg no 08078389.

Future Proof Technology Ltd

Address: Unit B4 Beckerings Business Park, Lidlington, Bedfordshire, MK43 0RD, England

Legal authority Companies Law

Legal form Limited Company

Country registered England And Wales

Place registered Companies House

Registration number 08078389

Notified on 23 October 2023

Nature of control:

substantial control or influence

Galen Management Services Limited

Address: Suite 576 -584 Elder House 2nd Floor, Elder Gate, Milton Keynes, MK9 1LR, United Kingdom

Legal authority United Kingdom

Legal form Limited Company

Country registered England And Wales

Place registered Companies House

Registration number 00310466

Notified on 21 July 2022

Ceased on 23 October 2023

Nature of control:

substantial control or influence

Roger P.

Notified on 6 April 2016

Ceased on 21 July 2022

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	06 November 2024
Confirmation statement last made up date	23 October 2023

Annual Accounts
Start Date For Period Covered By Report	01 February 2016
Annual Accounts
Start Date For Period Covered By Report	01 February 2017
End Date For Period Covered By Report	31 January 2018
Annual Accounts
Start Date For Period Covered By Report	01 February 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023
Annual Accounts 29 October 2013
End Date For Period Covered By Report	31 January 2013
Date Approval Accounts	29 October 2013
Annual Accounts
End Date For Period Covered By Report	31 January 2017

Galen Finance Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Lindsay T.

Jonathan S.

Jonathan S.

Andy W.

Theodoulos P.

Edwin B.

Dave P.

Maureen C.

John W.

Edwin B.

Josephine B.

People with significant control

Future Proof Technology Ltd

Galen Management Services Limited

Roger P.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2013

Address:

Post code:

City / Town:

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Galen Finance Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Lindsay T.

Jonathan S.

Jonathan S.

Andy W.

Theodoulos P.

Edwin B.

Dave P.

Maureen C.

John W.

Edwin B.

Josephine B.

People with significant control

Future Proof Technology Ltd

Galen Management Services Limited

Roger P.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies

HQ address,
2013