LOWER ORMEAU RESIDENTS ACTION GROUP
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-12-29 (in 7mo)
Last made up 2025-12-15
Watchouts
None on the register
Cash
£156K
-28% vs 2024
Net assets
£541K
-0.7% vs 2024
Employees
27
+8% vs 2024
Profit before tax
-£4K
+89.2% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £1,013,665 | £959,171 | |
| Operating profit | — | — | |
| Profit before tax | -£33,433 | -£3,601 | |
| Net profit | -£33,433 | -£3,601 | |
| Cash | £216,572 | £155,888 | |
| Total assets less current liabilities | £545,095 | £541,494 | |
| Net assets | £545,095 | £541,494 | |
| Equity | £545,095 | £541,494 | |
| Average employees | 25 | 27 | |
| Wages | £502,084 | £491,106 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Net margin | -3.3% | -0.4% | |
| Current ratio | 8.83x | 14.88x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Lynn Drake & Co Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on the basis that Lower Ormeau Residents Action Group will continue to operate as a going concern for the foreseeable future.”
Significant events
- “Construction has been delayed due to an unmapped storm overflow pipe being discovered in the property rear garden. NI Water has resisted all attempts to find an affordable”
- “LORAG will need to identify £130,000 - £150,000 capital funding to replace heating, hot water systems, repair the roof, internal and external fittings.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RICE, Gerard | Secretary | 2008-09-01 | — | — |
| CAMERON, Iain | Director | 2007-02-22 | May 1973 | Irish |
| CAVANAGH, Marie | Director | 2000-02-14 | Mar 1959 | Irish |
| FAULKNER, Emma Jane | Director | 2023-11-09 | Jan 1996 | English |
| GORMLEY, John Patrick | Director | 2000-02-14 | May 1954 | Irish |
| LAVERY, Marie | Director | 2008-05-29 | Aug 1972 | Irish |
| NAMUKASA, Donna Nalongo | Director | 2008-05-29 | Dec 1980 | Ugandan |
| RICE, Lucy Kathleen | Director | 2007-02-22 | Mar 1964 | Irish |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COULSON, Sheilagh Elaine | Secretary | 2007-04-04 | 2008-08-31 |
| GOODMAN, James Michael | Secretary | 2000-02-14 | 2005-09-01 |
| RICE, Gerard Charles | Secretary | 2005-09-01 | 2007-04-04 |
| ARCHER, Jacqueline | Director | 2004-05-12 | 2005-09-01 |
| BREEN, Patricia | Director | 2000-02-14 | 2005-09-01 |
| CAMERON, Ian | Director | 2004-05-13 | 2005-09-01 |
| CONTE, Daniela | Director | 2000-02-14 | 2023-11-09 |
| COWAN, Mary Noelle | Director | 2000-02-14 | 2002-10-10 |
| FISHER, Charles | Director | 2000-02-14 | 2001-01-22 |
| GARGAN, David | Director | 2004-05-20 | 2003-12-06 |
| GROGAN, Cora | Director | 2014-01-16 | 2017-01-19 |
| GROOGAN, Csora M | Director | 2005-09-01 | 2007-02-20 |
| HENDERSON, Joan Bernadette | Director | 2007-04-04 | 2011-09-06 |
| KELLY, Angela Margaret | Director | 2009-07-30 | 2012-12-04 |
| MAGEE, Fiona | Director | 2007-02-22 | 2017-01-19 |
| MCALISKEY, Deirdre | Director | 2000-02-14 | 2002-10-10 |
| MCAULEY, Colm | Director | 2012-12-04 | 2017-01-19 |
| MCCARTHY, Paul | Director | 2005-09-01 | 2008-05-29 |
| MCGIBBON, Michael | Director | 2005-09-01 | 2008-01-22 |
| MCKENNA, Ronan | Director | 2017-01-19 | 2023-11-09 |
| MULHOLLAND, Stephen | Director | 2008-05-29 | 2010-11-29 |
| O'NEILL, Frances Siobhan | Director | 2000-02-14 | 2004-04-23 |
| QUINN, Karen Edel | Director | 2005-09-01 | 2007-02-20 |
| RICE, Lucy Kathleen | Director | 2000-02-14 | 2005-02-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 107 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-20 | AA | accounts | Accounts with accounts type full | |
| 2024-12-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-14 | AA | accounts | Accounts with accounts type full | |
| 2024-02-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-26 | AA | accounts | Accounts with accounts type full | |
| 2022-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-31 | AA | accounts | Accounts with accounts type full | |
| 2021-02-01 | AA | accounts | Accounts with accounts type full | |
| 2021-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-11 | AA | accounts | Accounts with accounts type small | |
| 2019-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-11-14 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-5.4%
£1,013,665 £959,171
-
Cash
-28%
£216,572 £155,888
-
Net assets
-0.7%
£545,095 £541,494
-
Employees
+8%
25 27
-
Profit before tax
+89.2%
-£33,433 -£3,601
-
Wages
-2.2%
£502,084 £491,106
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