Galm'S Limited
The principal activity of the company in the year under review was that of operating quick service restaurants. GOING CONCERN The Company continued to generate significant operating cash flows and continued to increase operations year-on-year. Despite this, the balance sheet as at 31 December 2024 shows a net current liability position of £1,525,749 (2023: £2,937,132). The Company continues to meet its day to day working capital requirements through operating cash flows and finances all significant refurbishments via a combination of bank finance and working capital. Having considered all the relevant facts the Director considers it is appropriate to prepare the financial statements on a going concern basis.
Revenue
£39.1m
▼ -0.3% vs prior ~12m period
Profit after tax
-£14k
Margin -0.5%
Employees
1,025
▼ -8.8% vs prior ~12m period
Net assets
£557k
Total assets £8.0m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £39.1m | ▼ -0.3% | -£401k | 1,025 | £557k |
| 31 Dec 2023 | £39.2m | ▲ +41.4% | £679k | 1,124 | £789k |
| 31 Dec 2022 | £27.7m | — | £187k | 724 | £936k |
| 31 Dec 2021 | — | — | — | — | £1.0m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £39.1m
- Gross profit
- £25.9m
- Operating profit
- -£195k
- Profit before tax
- -£401k
- Profit after tax
- -£14k
Balance sheet
- Total assets
- £8.0m
- Cash
- £1.8m
- Total liabilities
- £7.4m
- Net assets
- £557k
- Revenue per employee
- £38k
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