USE DEVELOPMENTS LTD.
Company number NI063762 · Active · Magherafelt BT45 7PA
USE DEVELOPMENTS LTD. is an active private limited company (company number NI063762) incorporated on 22 March 2007, registered in Magherafelt. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £134k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 17% on the prior period (£115k).
By net assets it sits in the top quarter of 2,774 comparable companies in Belfast (median £10, upper quartile £46k).
Key dates
- Incorporated
- 22 March 2007
- Next accounts due
- 31 December 2026 — in 77 days
- Confirmation statement due
- 5 April 2027 — in 172 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
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 March 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £134k | — | — | £9,449 | — | — | 0 |
| 31 March 2024 | £115k | — | — | £10k | — | — | 0 |
- Current ratio
- 0.01 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 68/100 (grade B)
- +10 Positive net assets — Net assets £133,811 at 2025-03-31
- +8 Net assets growing — +16.7% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.01
- +8 Established — Incorporated 2007-03-22 (20 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 Eoin Hegarty — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016
- Ms Sharon Cathern O'Neill — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016
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.
- BALLYHAMPTON LIMITED — Belfast, inc. Mar 2007
- WINDYHALL LIMITED — Omagh, inc. Mar 2007
- TGLG PROPERTY SERVICES LIMITED — Lurgan, inc. Mar 2007
- CONWAY ESTATES LIMITED — Co Derry, inc. Mar 2007
- BALLYMENA ADVICE CENTRE — Co Antrim, inc. Mar 2007
- PRISM PROPERTIES (IRELAND) LTD — Belfast, inc. Mar 2007
Reminders for USE DEVELOPMENTS LTD.
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.