# BANNSIDE PROPERTIES LIMITED (NI044807)

> BANNSIDE PROPERTIES LIMITED is an active private limited company (company number NI044807) incorporated on 27 November 2002, registered in Co Londonderry. Its registered activity is buying and selling of own real estate (SIC 68100). Latest abridged accounts cover the period ending 31 December 2024, showing net assets of −£37k and cash of £13k, with 0 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets were unchanged on the prior period.

- Status: Active
- Incorporated: 2002-11-27
- Registered office: Co Londonderry, BT49 9DW
- SIC 68100: Buying and selling of own real estate
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-11
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the lower half of 2,066 comparable companies in Belfast (median £13, upper quartile £65k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£37k | £13k | £50k | £100k | — | — | 0 |
| 2023-12-31 | −£37k | £14k | £50k | £100k | — | — | — |

current ratio 0.63; size band micro.

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

- Net assets below zero: Net assets £-37,029 at 31 December 2024
- Current assets below creditors within one year: Current ratio 0.63
- Incorporated five or more years ago: Incorporated 27 November 2002
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr David Alexander Forgie — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr David Mahon — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr Norman Raymond Hylands — owns 25–50% of shares; holds 25–50% 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/NI044807
HTML: https://firmoscan.com/company/NI044807-bannside-properties-limited