GALAXY DIGITAL UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-30
Confirmation statement due
2026-08-16 (in 3mo)
Last made up 2025-08-02
Watchouts
None on the register
Cash
£144K
+558% highest in 4 filed years
Net assets
£7M
-98.9% vs 2022
Employees
28
+55.6% highest in 4 filed years
Profit before tax
—
Period ending 2023-12-30
Cash
6-year trend · vs Financials median
Accounts
6-year trend · latest reflected 2023-12-30
Latest accounts filed cover 2024-12-30; financial figures currently reflect up to 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-08-02 | 2019-12-30 | 2020-12-30 | 2021-12-30 | 2022-12-30 | 2023-12-30 |
|---|---|---|---|---|---|---|---|
| Net margin | — | -0.1% | -11.8% | — | — | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- 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”
Group structure
- GALAXY DIGITAL UK LIMITED · parent
- GDS Crypto Technologies Israel Limited 100%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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
Material constitutional events — rename, articles re-file, resolution
- 2024-12-18 RESOLUTIONS Resolution
- 2024-12-18 MA Memorandum articles
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2022 → FY2023 · period ending 2023-12-30 vs 2022-12-30
-
Turnover
—
Not reported
-
Cash
+558%
£21,957 £144,484
highest in 4 filed years
-
Net assets
—
Not reported
-
Employees
+55.6%
18 28
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers