# MARATION LIMITED (NI032014)

> MARATION LIMITED is an active private limited company (company number NI032014) incorporated on 27 February 1997, registered in Ballymena. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 31 July 2025, showing net assets of −£12.05m and cash of £5.86m, with 0 employees on average. Net assets fell 13% on the prior period (−£10.62m).

- Status: Active
- Incorporated: 1997-02-27
- Registered office: Ballymena, BT44 9LB
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-03-13
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,774 comparable companies in Belfast (median £10, upper quartile £46k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | −£12.05m | £5.86m | — | £18.10m | — | — | 0 |
| 2024-07-31 | −£10.62m | £386k | — | £17.74m | — | — | 0 |

current ratio 0.33; size band micro.

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

- Net assets below zero: Net assets £-12,046,589 at 31 July 2025
- Current assets below creditors within one year: Current ratio 0.33
- Cash at bank of £50,000 or more: Cash £5,860,601
- Incorporated five or more years ago: Incorporated 27 February 1997

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

## Persons with significant control

- Hcw Properties Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights, since 2019-01-01

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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/NI032014
HTML: https://firmoscan.com/company/NI032014-maration-limited