# MCHARE LIMITED (NI010327)

> MCHARE LIMITED is an active private limited company (company number NI010327) incorporated on 19 August 1974, registered in Newcastle. Its registered activity is public houses and bars (SIC 56302). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £2.03m and cash of £506k, with 23 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 15% on the prior period (£1.76m).

- Status: Active
- Incorporated: 1974-08-19
- Registered office: Newcastle, BT33 0EU
- SIC 56302: Public houses and bars
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-09-02
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 358 comparable companies in Belfast (median £5,789, upper quartile £78k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £2.03m | £506k | £538k | £285k | — | — | 23 |
| 2024-03-31 | £1.76m | £413k | £550k | £283k | — | — | 22 |

current ratio 3.73; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £2,031,114 at 31 March 2025
- Net assets up 10% or more on the prior period: +15.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.73
- Cash at bank of £50,000 or more: Cash £506,284
- Incorporated five or more years ago: Incorporated 19 August 1974

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mrs Paulene O'Hare — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr Jack O'Hare — owns 50–75% of shares; holds 50–75% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/NI010327
HTML: https://firmoscan.com/company/NI010327-mchare-limited