# GALILEO ITS LTD (05988571)

> GALILEO ITS LTD is an active private limited company (company number 05988571) incorporated on 3 November 2006, registered in Sunderland. Its registered activity is other business support service activities n.e.c. (SIC 82990). Latest micro accounts cover the period ending 30 November 2025, showing net assets of £28k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 141% on the prior period (−£68k). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2006-11-03
- Registered office: Sunderland, SR2 7HX
- SIC 82990: Other business support service activities n.e.c.
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-11-17
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 1,388 comparable companies in Newcastle (median £2,513, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | £28k | — | — | £2,394 | — | — | 0 |
| 2024-11-30 | −£68k | — | — | £68k | — | — | 0 |
| 2023-11-30 | −£67k | — | — | £68k | — | — | 0 |

current ratio 8.39; net assets trend volatile; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £27,861 at 30 November 2025
- Net assets up 10% or more on the prior period: +141.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 8.39
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 3 November 2006

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Neil Andrew Herron — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05988571
HTML: https://firmoscan.com/company/05988571-galileo-its-ltd