# SQ CONTRACTS LTD (NI622625)

> SQ CONTRACTS LTD is an active private limited company (company number NI622625) incorporated on 4 February 2014, registered in Magherafelt. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £7,468, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 72% on the prior period (£26k).

- Status: Active
- Incorporated: 2014-02-04
- Registered office: Magherafelt, BT45 8JA
- SIC 41100: Development of building projects
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-18
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half 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 |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £7,468 | — | — | £170k | — | — | 1 |
| 2024-02-28 | £26k | — | — | £209k | — | — | 1 |

current ratio 1.13; size band micro.

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

- Net assets above zero: Net assets £7,468 at 28 February 2025
- Net assets down 25% or more on the prior period: -71.6% vs prior period
- Incorporated five or more years ago: Incorporated 4 February 2014

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

## Persons with significant control

- Mr Shea Quinn — owns 75–100% of shares, since 2018-02-07

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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/NI622625
HTML: https://firmoscan.com/company/NI622625-sq-contracts-ltd