NORTH DOWN (BELFAST) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-12 (in 3mo)
Last made up 2025-07-29
Watchouts
None on the register
Cash
£2M
+18.8% vs 2023
Net assets
£4M
+11.5% vs 2023
Employees
101
-1% vs 2023
Profit before tax
£824K
+6.3% vs 2023
Name history
Renamed 2 times since incorporation
- NORTH DOWN (BELFAST) LIMITED 1993-06-15 → present
- NORTH DOWN (BELFAST) FRUIT AND VEGETABLE COMPANY LIMITED 1993-04-30 → 1993-06-15
- MARGEMELI LIMITED 1992-07-29 → 1993-04-30
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £34,753,693 | £34,742,257 | |
| Operating profit | £770,591 | £820,467 | |
| Profit before tax | £775,284 | £823,844 | |
| Net profit | £520,342 | £708,288 | |
| Cash | £2,063,178 | £2,451,546 | |
| Total assets less current liabilities | £4,280,455 | £4,694,056 | |
| Net assets | £3,913,794 | £4,362,082 | |
| Equity | £3,913,794 | £4,362,082 | |
| Average employees | 102 | 101 | |
| Wages | £2,481,983 | £2,748,685 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.2% | 2.4% | |
| Net margin | 1.5% | 2.0% | |
| Return on capital employed | 18.0% | 17.5% | |
| Current ratio | 1.31x | 1.37x | |
| Interest cover | 113.81x | 30.47x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARPENTER, Denise | Director | 2025-06-20 | Dec 1983 | Irish |
| MCCOY, Des | Director | 2015-07-23 | Jun 1964 | Irish |
| MEGARRY, James Michael Ashley | Director | 1992-07-29 | Oct 1965 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DONALDSON, Thomas Watters Perry | Secretary | 2006-08-31 | 2013-01-16 |
| GARLAND, Paul Michael | Secretary | 2013-01-16 | 2017-07-21 |
| THOMPSON, Steven | Secretary | 1992-07-29 | 2006-08-31 |
| BISHOP, Andrew | Director | 1992-07-29 | 2007-04-06 |
| BRIEN, Paul | Director | 2013-01-16 | 2024-11-26 |
| CRAWFORD, Henry James | Director | 1999-01-01 | 2007-08-25 |
| DAVIS, Frank | Director | 2011-09-12 | 2013-01-16 |
| DEVINE, Jacinta Frances | Director | 2012-06-26 | 2015-07-23 |
| DONALDSON, Thomas Watters Perry | Director | 1992-07-29 | 2011-09-12 |
| DUNCAN, Bernadette Francesa | Director | 1992-07-29 | 2004-04-30 |
| KING, Elizabeth Breege | Director | 2024-11-27 | 2025-06-20 |
| MARTIN, Ivan | Director | 2004-01-01 | 2020-01-10 |
| O'DWYER, John | Director | 2011-09-12 | 2012-06-26 |
| THOMPSON, Steven | Director | 2004-01-01 | 2006-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ashley Megarry | Individual | Shares 25–50% | 2016-04-06 | Active |
| Total Produce Holdings (Uk )Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 138 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-02 | AA | accounts | Accounts with accounts type full | |
| 2025-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-09-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type group | |
| 2022-01-06 | DISS40 | gazette | Gazette filings brought up to date | |
| 2022-01-05 | AA | accounts | Accounts with accounts type group | |
| 2021-12-14 | GAZ1 | gazette | Gazette notice compulsory | |
| 2021-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-18 | AA | accounts | Accounts with accounts type group | |
| 2020-10-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-20 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
0%
£34,753,693 £34,742,257
-
Cash
+18.8%
£2,063,178 £2,451,546
-
Net assets
+11.5%
£3,913,794 £4,362,082
-
Employees
-1%
102 101
-
Operating profit
+6.5%
£770,591 £820,467
-
Profit before tax
+6.3%
£775,284 £823,844
-
Wages
+10.7%
£2,481,983 £2,748,685
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers