# MICON DISTRIBUTION LIMITED (NI044285)

> MICON DISTRIBUTION LIMITED is an active private limited company (company number NI044285) incorporated on 3 October 2002, registered in Lisburn. Its registered activity is agents involved in the sale of furniture, household goods, hardware and ironmongery (SIC 46150). Latest small accounts cover the period ending 31 December 2025, showing net assets of £3.74m and cash of £792k, with 27 employees on average. Net assets rose 1% on the prior period (£3.72m). Across the last 3 periods on record the net-asset trend is flat.

- Status: Active
- Incorporated: 2002-10-03
- Registered office: Lisburn, BT28 2NE
- SIC 46150: Agents involved in the sale of furniture, household goods, hardware and ironmongery
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-10-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 73 comparable companies in Belfast (median £2,862, upper quartile £62k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £3.74m | £792k | £820k | £733k | — | — | 27 |
| 2024-12-31 | £3.72m | £590k | £863k | £349k | — | — | 31 |
| 2023-12-31 | £3.66m | £482k | £752k | £807k | — | — | 31 |

current ratio 5.85; net assets trend flat; size band small.

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

- Net assets above zero: Net assets £3,743,102 at 31 December 2025
- Current assets at least 1.5× creditors within one year: Current ratio 5.85
- Cash at bank of £50,000 or more: Cash £791,848
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 3 October 2002

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

## Persons with significant control

- Michael Farnan — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors; has significant influence or control, since 2016-04-06
- Mrs Catherine Farnan — owns 25–50% of shares, 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/NI044285
HTML: https://firmoscan.com/company/NI044285-micon-distribution-limited
