UK Companies House feature
GALAXY DIGITAL UK LIMITED
Cash
£144K
+558% vs 2022
Net assets
£7M
-98.9% vs 2022
Employees
28
+55.6% vs 2022
Profit before tax
—
Period ending 2023-12-30
Profile
- Company number
- 11500330
- Status
- Active
- Incorporation
- 2018-08-03
- Last accounts made up
- 2024-12-30
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Cash
6-year trend · vs UK Fintech median
GALAXY DIGITAL UK LIMITED
GALAXY DIGITAL UK LIMITED
GALAXY DIGITAL UK LIMITED
GALAXY DIGITAL UK LIMITED
Accounts
6-year trend · latest 2023-12-30
| Metric | Trend | 2018-08-02 | 2019-12-30 | 2020-12-30 | 2021-12-30 | 2022-12-30 | 2023-12-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £59,534 | £1,517,454 | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | -£89 | -£179,595 | — | -£4,520,391 | £12,248,342 | |
| Cash | — | £72,789 | £71,359 | — | £21,957 | £144,484 | |
| Total assets less current liabilities | — | £1,016,445 | £4,971,241 | — | £684,045,115 | £7,184,746 | |
| Net assets | — | — | — | — | — | — | |
| Equity | £0 | £1,016,445 | £4,971,241 | £70,130,440 | £684,045,115 | £7,184,746 | |
| Average employees | — | 0 | 1 | — | 18 | 28 | |
| Wages | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company generally funds its operations and investments through resources from its ultimate parent company, Galaxy Digital Holdings LP. The company has net assets of £16,984,319 (2023: £7,184,746) and cash balance of £7,774,103 (2023: £144,484) as at the reporting date. Thus, the directors continue to”
Subsidiaries
- GDS Crypto Technologies Israel Limited · 100% held · Israel · Computer systems design
Significant events
- “As of December 2024, the Company is authorized and regulated by the Financial Conduct Authority (the "FCA"). The FCA authorization gives the Company the ability to: Deal in investments (securities and derivatives) as agent and as principal; Advise on investments; Arranging deals in investments and making arrangements with a view to transactions in investments.”
- “Key initiatives across Galaxy in 2024 included: FCA Authorization as a MiFIDPRU Investment Firm - Strengthening the Company's regulatory standing to expand institutional financial services.”
- “Institutional Market Expansion - Developing secure and compliant access to digital asset investment opportunities for global institutions.”
- “ESG & Sustainability Strategy - Managing enviormental and carbon footprint, fostering a diverse, equitable, and inclusive culture to ensure our employees are inspired by Galaxy's mission.”
- “Risk & Compliance Enhancements - Strengthening AML, market surveillance, and cybersecurity frameworks to meet evolving regulatory expectations.”
- “Future Outlook & Growth Strategy: Scaling Institutional Digital Asset Services - Expanding partnerships with regulated financial institutions.”
- “Future Outlook & Growth Strategy: Enhancing Regulatory Compliance - Aligning with evolving UK and global crypto regulations.”
- “Future Outlook & Growth Strategy: Investing in Advanced Technology & Risk Controls - Developing Al-driven trading strategies and enhanced market surveillance.”
- “Future Outlook & Growth Strategy: Expanding ESG Initiatives - Strengthening environmentally responsible blockchain adoption.”
- “On December 9. 2024. a subsidiary controlled by the Partnership acquired all shares of Fierce Technology, Inc. ("Fierce") for approximately $12.5 million ($3.0 million in cash and $9.5 million in equity).”
- “On July 18, 2024. a subsidiary controlled by the Partnership acquired the assets of Cryptomanufaktur LLC ("CMF") for approximately $12.4 million.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NORBURY, Vicki | Secretary | 2024-11-12 | — | — |
| LAESSER, Konrad Franz Matthias | Director | 2024-12-06 | Aug 1986 | British |
| URBAN, Jason Peter, Mr. | Director | 2020-12-31 | Feb 1976 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DULUDE, William, Mr. | Director | 2021-01-29 | 2022-03-31 |
| FERRARO, Christopher | Director | 2020-01-29 | 2023-06-23 |
| GRANT, Timothy | Director | 2021-09-07 | 2023-07-21 |
| HERMAN, Michael | Director | 2020-01-29 | 2022-11-25 |
| KELSO, Stephen | Director | 2018-08-03 | 2020-01-29 |
| MARSHALL, Leon Wayne St Aubyne | Director | 2024-01-18 | 2025-09-03 |
| PHILLIPS, Gavin, Mr. | Director | 2022-04-01 | 2022-11-25 |
| ROYLE, Alexander | Director | 2023-06-23 | 2024-09-10 |
| WISNIEWSKI, Peter | Director | 2020-01-29 | 2020-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Michael Novogratz | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-03 | Active |
Filing timeline
Last 20 of 52 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-03 | TM01 | officers | termination director company with name termination date |
| 2025-08-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-07 | SH01 | capital | capital allotment shares |
| 2025-06-18 | AA | accounts | accounts with accounts type full |
| 2024-12-18 | RESOLUTIONS | resolution | resolution |
| 2024-12-18 | MA | incorporation | memorandum articles |
| 2024-12-16 | SH01 | capital | capital allotment shares |
| 2024-12-09 | AP01 | officers | appoint person director company with name date |
| 2024-11-13 | AP03 | officers | appoint person secretary company with name date |
| 2024-09-24 | AA | accounts | accounts with accounts type small |
| 2024-09-24 | TM01 | officers | termination director company with name termination date |
| 2024-08-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-04-05 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-01-24 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-01-24 | AD01 | address | change registered office address company with date old address new address |
| 2024-01-21 | AP01 | officers | appoint person director company with name date |
| 2024-01-10 | AA | accounts | accounts with accounts type small |
| 2023-08-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-21 | TM01 | officers | termination director company with name termination date |
| 2023-06-23 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires total assets, retained earnings proxy, EBIT (operating profit / PBT), book equity — not present in the latest extracted accounts.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.