# GEMNET IT SERVICES LIMITED (NI645476)

> GEMNET IT SERVICES LIMITED is an active private limited company (company number NI645476) incorporated on 28 April 2017, registered in Newry. Its registered activity is retail sale of computers, peripheral units and software in specialised stores (SIC 47410). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £29k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 120% on the prior period (£13k).

- Status: Active
- Incorporated: 2017-04-28
- Registered office: Newry, BT34 2NH
- SIC 47410: Retail sale of computers, peripheral units and software in specialised stores
- SIC 62090: Other information technology service activities
- SIC 95110: Repair of computers and peripheral equipment
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-05-12
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 1,900 comparable companies in the UK (median £1,350, upper quartile £21k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £29k | — | — | £31k | — | — | 2 |
| 2023-12-31 | £13k | — | — | £28k | — | — | 2 |

current ratio 2.56; size band micro.

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

- Net assets above zero: Net assets £29,402 at 31 December 2024
- Net assets up 10% or more on the prior period: +120.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.56
- Incorporated five or more years ago: Incorporated 28 April 2017
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Gerard Mcveigh — owns 75–100% of shares; holds 75–100% of voting rights, since 2017-04-28

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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/NI645476
HTML: https://firmoscan.com/company/NI645476-gemnet-it-services-limited