ActiveNI690888Private limited companyNewtownards

DOWN PALLETS LIMITED

E17/100

Summary

Generated from filed data · no estimates

DOWN PALLETS LIMITED is an active private limited company (company number NI690888) incorporated on 6 September 2022, registered in Newtownards. Its registered activity is manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials (SIC 16290). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£33k and cash of £75k, with 7 employees on average. Net assets fell 5124% on the prior period (£648).

Peer position · net assets

By net assets it sits in the bottom quarter of 1,353 comparable companies in the UK (median £3,737, upper quartile £80k).

Key dates

Incorporated: 6 September 20224 yrs ago
Next accounts due: 30 September 202622 days overdue
Confirmation statement due: 20 September 2027in 333 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 16290: Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
Accounts type: Small
Size band: MicroCompanies Act thresholds

Financials

2 periods on record · latest ending 31 December 2024

Net assets

−£33k

−5124%vs Dec 2023

Cash at bank

£75k

−8%vs Dec 2023

Turnover

Not reported

Employees

No changevs Dec 2023

Net assets

−£33k

Cash at bank

£75k

Average employees

Filed accounts by period, newest first
Period end	Net assets	Cash	Debtors	Creditors <1y	Turnover	Profit	Employees
31 December 2024	−£33k	£75k	—	£1.45m	—	—	7
31 December 2023	£648	£81k	—	£1.43m	—	—	7

Current ratio0.45Current liabilities exceed current assets

Cash per employee£11kCash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score

Rules-based · every point shows its evidence

17 / 100 · grade E

Score breakdown
50	Starting scoreEvery scored company starts here
−15	Negative net assetsNet assets £-32,553 at 2024-12-31
−8	Net assets falling-5123.6% vs prior period
−8	Current liabilities exceed current assetsCurrent ratio 0.45
+4	Cash reservesCash £74,527
+4	Past first filingsIncorporated 2022-09-06
−10	Accounts overdueDue 2026-09-30
17	Score, grade E

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.

Ownership and control

1 active · 1 other

C J Sheeran Group Limited
corporate entity, Ireland · since 26 January 2023
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
75–100%
PC
Mr Peter Christopher Finnegan
Individual · since 6 September 2022 · ceased 26 January 2023
- owns 75–100% of shares
- holds 75–100% of voting rights
75–100%

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Timeline

Newest first

20 Sept 2027Confirmation statement duein 333 days
30 Sept 2026Next accounts due22 days overdue
31 Dec 2024Accounts period endNet liabilities £33k · small accounts
31 Dec 2023Accounts period endNet assets £648 · small accounts
06 Sept 2022Incorporated

Similar companies in Belfast

Same activity (manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials), closest in incorporation date

All companies incorporated on 6 September 2022 · in Sept 2022.

Reminders for DOWN PALLETS LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.