£15k
−47%vs Mar 2024ActiveNI042274Private limited companyBangor
MRG DEVELOPMENTS LIMITED
C52/10001
Summary
MRG DEVELOPMENTS LIMITED is an active private limited company (company number NI042274) incorporated on 9 January 2002, registered in Bangor. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 31 March 2025, showing net assets of £15k, with 2 employees on average. Net assets fell 47% on the prior period (£28k).
Peer position · net assets
By net assets it sits in the upper half of 2,774 comparable companies in Belfast (median £10, upper quartile £46k).
02
Key dates
- Incorporated
- 9 January 200224 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 23 January 2027in 93 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 68209
- Other letting and operating of own or leased real estate
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not reported
2
No changevs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £15k | — | — | £107k | — | — | 2 |
| 31 March 2024 | £28k | £7,679 | — | £103k | — | — | 2 |
Current ratio0Current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
52 / 100 · grade C
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £14,606 at 2025-03-31 |
| −8 | Net assets falling-47.4% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.0 |
| +8 | EstablishedIncorporated 2002-01-09 (25 years) |
| 52 | Score, grade C |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Bryn Alexander Rea
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Erin Hugh Gibson
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Fred Rea
- owns 25–50% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 93 days
- Next accounts duein 70 days
- Accounts period endNet assets £15k · small accounts
- Accounts period endNet assets £28k · small accounts
- Incorporated
08
Similar companies in Belfast
- RICHHILL ESTATES LTDinc. Jan 2002
- LESMAR PROPERTIES LIMITEDHillsborough · inc. Jan 2002
- MERVILLE HOUSE LIMITEDBallyclare · inc. Feb 2002
- SMILEY MONROE HOLDINGS LIMITEDLisburn · inc. Feb 2002
- KEMARK NO.2 LIMITEDBelfast · inc. Feb 2002
- SHAFTESBURY APARTMENTS LIMITEDBangor · inc. Feb 2002
All companies incorporated on 9 January 2002 · in Jan 2002.
09
Reminders for MRG DEVELOPMENTS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.