£1,874
−80%vs Sept 2024ActiveNI702450Private limited companyBallymena
SOURCE ELECTRICAL (IRELAND) LTD
Significant control: Andrew Gillespie (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Source Electrical (Ireland) Ltd sell?
Registered activity: Electrical installation (SIC 43210). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
SOURCE ELECTRICAL (IRELAND) LTD is an active private limited company (company number NI702450) incorporated on 27 September 2023, registered in Ballymena. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 30 September 2025, showing net assets of £1,874 and cash of £6,284, with 1 employee on average. Net assets fell 80% on the prior period (£9,142).
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
Ownership and control
- Mr Andrew Gillespie
- owns 75–100% of shares
- holds 75–100% 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. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 27 September 20233 yrs ago
- Next accounts due
- 30 June 2027in 249 days
- Confirmation statement due
- 11 October 2027in 352 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 43210
- Electrical installation
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£6,284
−76%vs Sept 2024Not reported
1
No changevs Sept 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 September 2025 | £1,874 | £6,284 | — | £5,319 | — | — | 1 |
| 30 September 2024 | £9,142 | £26k | — | £21k | — | — | 1 |
Current ratio1.35Current assets ÷ creditors within one year
Cash per employee£6,284Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £1,874 at 30 September 2025
- Net assets down 25% or more on the prior period-79.5% vs prior period
- Incorporated two to five years agoIncorporated 27 September 2023
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 352 days
- Next accounts duein 249 days
- Accounts period endNet assets £1,874 · small accounts
- Accounts period endNet assets £9,142 · small accounts
- Incorporated
08
Similar companies in Belfast
- SECURE JOINT LTDMagherafelt · inc. Oct 2023
- CM ELECTRICAL NI CONTRACTS LTDKircubbin · inc. Sept 2023
- NEM ELECTRICS LTDPortglenone · inc. Oct 2023
- MCCLEAN ELECTRICS LTDDerry · inc. Oct 2023
- BK ELECTRICAL SERVICES LTDBallymena · inc. Oct 2023
- JR ELECTRICAL & PLASTERING LTDMoira · inc. Sept 2023
All companies incorporated on 27 September 2023 · in Sept 2023.
09
Reminders for SOURCE ELECTRICAL (IRELAND) LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.