# MWAC PROPERTY LTD (NI616574)

> MWAC PROPERTY LTD is an active private limited company (company number NI616574) incorporated on 31 January 2013, registered in Newry. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 31 January 2025, showing net assets of −£114k and cash of £129, with 0 employees on average. Net assets fell 119% on the prior period (£587k).

- Status: Active
- Incorporated: 2013-01-31
- Registered office: Newry, BT35 8LY
- SIC 68100: Buying and selling of own real estate
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-02-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter 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 |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | −£114k | £129 | — | £114k | — | — | 0 |
| 2024-01-31 | £587k | £568 | — | £140k | — | — | 1 |

current ratio 0; size band micro.

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

- Net assets below zero: Net assets £-113,768 at 31 January 2025
- Net assets down 25% or more on the prior period: -119.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.0
- Incorporated five or more years ago: Incorporated 31 January 2013

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

## Persons with significant control

- Mr Mark Whearty — owns 75–100% of shares; holds 75–100% of voting rights, since 2017-10-20

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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/NI616574
HTML: https://firmoscan.com/company/NI616574-mwac-property-ltd