MAGNA DEVELOPMENTS LTD
Company number NI027380 · Active · Co.Down BT35 6DP
MAGNA DEVELOPMENTS LTD is an active private limited company (company number NI027380) incorporated on 31 March 1993, registered in Co.Down. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 31 December 2025, showing net assets of £420k, with 0 employees on average. Net assets fell 5% on the prior period (£445k). Across the last 3 periods on record the net-asset trend is volatile.
By net assets it sits in the top quarter of 2,774 comparable companies in Belfast (median £10, upper quartile £46k).
Key dates
- Incorporated
- 31 March 1993
- Next accounts due
- 30 September 2027 — in 347 days
- Confirmation statement due
- 14 April 2027 — in 178 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 68209
- Other letting and operating of own or leased real estate
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 3 periods on record, latest ending 31 December 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £420k | — | — | £1.78m | — | — | 0 |
| 30 April 2025 | £445k | — | — | £323k | — | — | 0 |
| 30 April 2024 | £374k | — | — | £103k | — | — | 0 |
- Current ratio
- 0.06 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 65/100 (grade B)
- +10 Positive net assets — Net assets £420,358 at 2025-12-31
- -8 Current liabilities exceed current assets — Current ratio 0.06
- +5 Multi-year filing history — 3 periods on record
- +8 Established — Incorporated 1993-03-31 (34 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Ciaran Crilly — owns 25–50% of shares; holds 25–50% of voting rights · since 20 April 2018
- Mr David Crilly — owns 25–50% of shares; holds 25–50% of voting rights · since 20 April 2018
- Mr Acheson Elliott — owns 75–100% of shares; holds 75–100% of voting rights · since 6 April 2016 · ceased 20 April 2018
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Belfast
Same activity (other letting and operating of own or leased real estate), closest in incorporation date.
- NEWTOWNSTEWART DEVELOPMENT ASSOCIATION LIMITED — Newtownstewart, inc. Mar 1993
- E.A. LONERGAN LTD — Belfast, inc. Apr 1993
- HOLLINVEST LIMITED — Derrynoose, inc. Mar 1993
- WHITEGATES COMMUNITY BUSINESS LIMITED — Newry, inc. Mar 1993
- BESSBROOK DEVELOPMENT COMPANY LIMITED — Newry, inc. Feb 1993
- WISHCARE PROPERTIES LIMITED — Enniskillen, inc. Jan 1993
Reminders for MAGNA DEVELOPMENTS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.