# SMG CONTRACTS LTD (NI637709)

> SMG CONTRACTS LTD is an active private limited company (company number NI637709) incorporated on 11 April 2016, registered in Limavady. Its registered activity is development of building projects (SIC 41100). Latest medium accounts cover the period ending 30 April 2025, showing net assets of £5.00m and cash of £3.30m, with 7 employees on average. Turnover was £22.54m and profit for the year £2.41m. Net assets rose 24% on the prior period (£4.02m).

- Status: Active
- Incorporated: 2016-04-11
- Registered office: Limavady, BT49 0PX
- SIC 41100: Development of building projects
- SIC 41201: Construction of commercial buildings
- SIC 43310: Plastering
- SIC 43390: Other building completion and finishing
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-04-25
- Accounts type: MEDIUM

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 |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £5.00m | £3.30m | £2.13m | — | £22.54m | £2.41m | 7 |
| 2024-04-30 | £4.02m | £3.57m | £915k | — | £16.42m | £1.88m | 3 |
| 2023-04-30 | — | — | — | — | — | — | — |

net margin 10.7%; size band small.

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

- Net assets above zero: Net assets £5,000,752 at 30 April 2025
- Net assets up 10% or more on the prior period: +24.4% vs prior period
- Cash at bank of £50,000 or more: Cash £3,303,322
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 11 April 2016

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

## Persons with significant control

- Sean Mcgowan — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-04-11
- Mr Paul Gerard Mcgowan — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-04-06

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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/NI637709
HTML: https://firmoscan.com/company/NI637709-smg-contracts-ltd
