# NORTH DOWN ELECTRICS LIMITED (NI674462)

> NORTH DOWN ELECTRICS LIMITED is an active private limited company (company number NI674462) incorporated on 24 November 2020, registered in Bangor. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 30 November 2025, showing net assets of £33k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 14% on the prior period (£29k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2020-11-24
- Registered office: Bangor, BT20 4AE
- SIC 43210: Electrical installation
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-12-08
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 709 comparable companies in Belfast (median £19k, upper quartile £93k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | £33k | — | — | £11k | — | — | 3 |
| 2024-11-30 | £29k | — | — | £3,954 | — | — | 1 |
| 2023-11-30 | £21k | — | — | £15k | — | — | 1 |

current ratio 3.27; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £32,899 at 30 November 2025
- Net assets up 10% or more on the prior period: +14.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.27
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 24 November 2020

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

## Persons with significant control

- Mr Leo Augustine Mchugh — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-11-24

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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/NI674462
HTML: https://firmoscan.com/company/NI674462-north-down-electrics-limited