BEDFORD STREET DEVELOPMENTS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-14 (in 11mo)
Last made up 2026-03-31
Watchouts
None on the register
Cash
£9M
+7.6% vs 2024
Net assets
£17M
+4.8% vs 2024
Employees
0
Average over period
Profit before tax
£794K
-4.9% vs 2024
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £412,831 | £408,219 | |
| Operating profit | £537,900 | £481,360 | |
| Profit before tax | £834,851 | £793,951 | |
| Net profit | £626,138 | £801,646 | |
| Cash | £8,501,897 | £9,148,911 | |
| Total assets less current liabilities | £17,700,388 | £18,503,009 | |
| Net assets | £16,623,527 | £17,425,173 | |
| Equity | £16,623,527 | £17,425,173 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 |
|---|---|---|---|
| Operating margin | 130.3% | 117.9% | |
| Net margin | 151.7% | 196.4% | |
| Return on capital employed | 3.0% | 2.6% | |
| Gearing (liabilities / total assets) | 8.1% | 7.0% | |
| Current ratio | 22.33x | 41.50x | |
| Interest cover | 3361.88x | 2899.76x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Sumer Auditco NI Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' and accounting officer's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- BEDFORD STREET DEVELOPMENTS LIMITED · parent
- Bedford Street Management Company Limited 100%
- MRDE Limited 100%
- MRDE FM Limited 100%
Significant events
- “No significant internal control problems have been identified. (2023-24: None)”
- “There were no Public Accounts Committee issues raised in 2024-25. (2023-24: None)”
- “No losses including any waiver of BSDL's entitlement to income and write offs in 2024-25 (2023-24: none).”
- “No special payments during 2024-25 (2023-24: none).”
- “No gifts made during 2024-25 (2023-24: none).”
- “No remote contingent liabilities or commitments are known to exist as at 31 March 2025 (31 March 2024: £Nil).”
- “No ministerial directions received during 2024-25. (2023-24: None)”
- “The Business Continuity Plan was not initiated during the year. (2023-24: no events)”
- “During the year there were no breaches involving BSDL that were deemed necessary to report to the ICO as no significant risk was posed to individuals.”
- “No complaints recorded against BSDL during 2024-25.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUTCHINSON, Mark | Secretary | 2024-04-12 | — | — |
| LOGUE, Paula Mary | Director | 2023-09-19 | Sep 1969 | Northern Irish |
| MAXWELL, Ian | Director | 2025-03-03 | Jun 1971 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARROLL, Liam | Secretary | 2004-12-23 | 2009-10-08 |
| HIGGINS, James | Secretary | 2009-10-08 | 2013-07-09 |
| KENNY, Timothy | Secretary | 2000-06-14 | 2004-12-23 |
| SMYTH, Daniel Martin | Secretary | 2013-07-09 | 2024-04-12 |
| BEATTIE, Noel Cunningham | Director | 2000-06-14 | 2000-06-27 |
| BLACK, Denise Patricia | Director | 2020-05-01 | 2022-12-01 |
| BRADEN, Amanda | Director | 2013-07-09 | 2020-05-01 |
| BYRNE, Phillip Patrick | Director | 2000-07-31 | 2001-12-31 |
| CARROLL, Liam | Director | 2003-08-01 | 2012-10-11 |
| CHITTOCK, Mel | Director | 2013-07-09 | 2022-03-25 |
| DEENY, Dominic | Director | 2000-06-16 | 2000-07-31 |
| DOLAGHAN, Brian Patrick | Director | 2022-03-25 | 2025-02-28 |
| GILLIGAN, Barry Christopher | Director | 2000-06-16 | 2001-12-31 |
| KENNY, Timothy | Director | 2001-12-31 | 2004-12-23 |
| LAVERTY, Eamonn Francis | Director | 2000-07-10 | 2013-07-09 |
| MCALEER, Seamus (James) | Director | 2000-07-10 | 2013-07-09 |
| MCKENNA, Carolyn Bridget | Director | 2022-12-01 | 2023-09-19 |
| POPE, John | Director | 2004-12-23 | 2013-07-09 |
| SMYTH, Noel | Director | 2001-12-31 | 2003-08-01 |
| TORPEY, David | Director | 2012-10-11 | 2013-07-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Invest Northern Ireland | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 128 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-02 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-14 | AA | accounts | Accounts with accounts type full | |
| 2024-04-15 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-04-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-07 | AA | accounts | Accounts with accounts type full | |
| 2023-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-22 | AA | accounts | Accounts with accounts type full | |
| 2022-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-17 | AA | accounts | Accounts with accounts type full |
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
-1.1%
£412,831 £408,219
-
Cash
+7.6%
£8,501,897 £9,148,911
-
Net assets
+4.8%
£16,623,527 £17,425,173
-
Employees
—
Not reported
-
Operating profit
-10.5%
£537,900 £481,360
-
Profit before tax
-4.9%
£834,851 £793,951
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