# MAGHERABOY DEVELOPMENTS LIMITED (NI602688)

> MAGHERABOY DEVELOPMENTS LIMITED is an active private limited company (company number NI602688) incorporated on 30 March 2010, registered in Londonderry. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 March 2025, showing net assets of £1.05m and cash of £6,891, with 3 employees on average. Net assets fell 1% on the prior period (£1.05m).

- Status: Active
- Incorporated: 2010-03-30
- Registered office: Londonderry, BT47 4RZ
- SIC 41100: Development of building projects
- SIC 41201: Construction of commercial buildings
- SIC 41202: Construction of domestic buildings
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-13
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 1,688 comparable companies in Belfast (median £5,532, upper quartile £183k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £1.05m | £6,891 | £733k | £591k | — | — | 3 |
| 2024-03-31 | £1.05m | £12k | £166k | £217k | — | — | 7 |

current ratio 1.98; size band micro.

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

- Net assets above zero: Net assets £1,045,944 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.98
- Incorporated five or more years ago: Incorporated 30 March 2010

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

## Persons with significant control

- Mr Vincent Kieran Doherty — owns 75–100% of shares, since 2018-03-31

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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/NI602688
HTML: https://firmoscan.com/company/NI602688-magheraboy-developments-limited