# GILLEN MACHINE TOOLS LIMITED (NI024776)

> GILLEN MACHINE TOOLS LIMITED is an active private limited company (company number NI024776) incorporated on 28 August 1990, registered in Ballymena. Its registered activity is wholesale of other machinery and equipment (SIC 46690). Latest small accounts cover the period ending 30 April 2025, showing net assets of £287k and cash of £428k, with 4 employees on average. Net assets fell 79% on the prior period (£1.39m).

- Status: Active
- Incorporated: 1990-08-28
- Registered office: Ballymena, BT42 2AF
- SIC 46690: Wholesale of other machinery and equipment
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-09-11
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 101 comparable companies in Belfast (median £36k, upper quartile £332k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £287k | £428k | — | £436k | — | — | 4 |
| 2024-04-30 | £1.39m | £1.80m | — | £505k | — | — | 5 |

current ratio 1.94; size band micro.

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

- Net assets above zero: Net assets £286,724 at 30 April 2025
- Net assets down 25% or more on the prior period: -79.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.94
- Cash at bank of £50,000 or more: Cash £428,324
- Incorporated five or more years ago: Incorporated 28 August 1990

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

## Persons with significant control

- Mr Mark Gillen — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-10-16

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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/NI024776
HTML: https://firmoscan.com/company/NI024776-gillen-machine-tools-limited