£17k
+126%vs Oct 2024ActiveNI691581Private limited companyCastlewellan
RYCON ELECTRICAL LTD
C64/10001
Summary
RYCON ELECTRICAL LTD is an active private limited company (company number NI691581) incorporated on 4 October 2022, registered in Castlewellan. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 October 2025, showing net assets of £17k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 126% on the prior period (£7,474).
Peer position · net assets
By net assets it sits in the lower half of 709 comparable companies in Belfast (median £19k, upper quartile £93k).
02
Key dates
- Incorporated
- 4 October 20224 yrs ago
- Next accounts due
- 31 July 2027in 282 days
- Confirmation statement due
- 18 October 2027in 361 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 43210
- Electrical installation
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
2
−33%vs Oct 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | £17k | — | — | £68k | — | — | 2 |
| 31 October 2024 | £7,474 | — | — | £55k | — | — | 3 |
Current ratio0.92Current 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.
05
Firmoscan score
64 / 100 · grade C
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £16,903 at 2025-10-31 |
| +8 | Net assets growing+126.2% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.92 |
| +4 | Past first filingsIncorporated 2022-10-04 |
| 64 | 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 Conor Maginnis
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mr Ryan Martin Murray
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
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 361 days
- Next accounts duein 282 days
- Accounts period endNet assets £17k · micro accounts
- Accounts period endNet assets £7,474 · micro accounts
- Incorporated
08
Similar companies in Belfast
- THREE ONE SOLAR LTDNewry · inc. Oct 2022
- CI AUTOMATION LTDEnniskillen · inc. Sept 2022
- M BAIRD ELECTRICAL LTDIrvinestown · inc. Oct 2022
- SAFESPEC LTDBelfast · inc. Oct 2022
- J LOUGHERY ELECTRICAL LTDLimavady · inc. Sept 2022
- PB ELECTRICAL CONTRACTS LTDDrumquin · inc. Oct 2022
All companies incorporated on 4 October 2022 · in Oct 2022.
09
Reminders for RYCON ELECTRICAL LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.