# MAGHERY PROPERTY DEVELOPMENTS LTD (NI662553)

> MAGHERY PROPERTY DEVELOPMENTS LTD is a liquidation private limited company (company number NI662553) incorporated on 26 June 2019, registered in Belfast. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 30 April 2026, showing net assets of £805k, 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 4% on the prior period (£773k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Liquidation
- Incorporated: 2019-06-26
- Registered office: Belfast, BT1 4GA
- SIC 41100: Development of building projects
- Next accounts due: 2028-01-30
- Confirmation statement due: 2027-07-10
- Accounts type: MICRO ENTITY

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 |
|---|---|---|---|---|---|---|---|
| 2026-04-30 | £805k | — | — | £11k | — | — | 0 |
| 2025-04-30 | £773k | — | — | £7,953 | — | — | 0 |
| 2024-04-30 | £760k | — | — | £46k | — | — | — |

current ratio 73.08; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £804,930 at 30 April 2026
- Current assets at least 1.5× creditors within one year: Current ratio 73.08
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 26 June 2019
- Register status is not Active: Liquidation

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

## Persons with significant control

- Mr Declan Mccloskey — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2019-06-26
- Mrs Melissa Canavan — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2019-06-26

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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/NI662553
HTML: https://firmoscan.com/company/NI662553-maghery-property-developments-ltd