# GML PROPERTIES LTD (NI624837)

> GML PROPERTIES LTD is an active private limited company (company number NI624837) incorporated on 27 May 2014, registered in Toomebridge. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £166k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 8% on the prior period (£154k).

- Status: Active
- Incorporated: 2014-05-27
- Registered office: Toomebridge, BT41 3NY
- SIC 41100: Development of building projects
- SIC 68209: Other letting and operating of own or leased real estate
- SIC 68320: Management of real estate on a fee or contract basis
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-10
- 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 |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £166k | — | — | £948k | — | — | 0 |
| 2024-05-31 | £154k | — | — | £967k | — | — | — |

current ratio 0.15; size band micro.

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

- Net assets above zero: Net assets £166,056 at 31 May 2025
- Current assets below creditors within one year: Current ratio 0.15
- Incorporated five or more years ago: Incorporated 27 May 2014

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

## Persons with significant control

- Mr Gerard Martin Mclernon — owns 25–50% of shares, since 2016-04-06
- Mr Martin Gerard Mclernon — 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/NI624837
HTML: https://firmoscan.com/company/NI624837-gml-properties-ltd