Company Overview
Drumeen Construction Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 29 November 2000, so this is a well established company. Drumeen Construction Ltd has been in business for 25 years and 4 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

90A The Promenade, Portstewart, BT55 7AE
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Companies House Data
Company NameDRUMEEN CONSTRUCTION LTD
Company NumberNI039747
Registered Office Address90a The Promenade
 BT55 7AE
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/11/2000
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/12/2016
Returns Last Made Up Date29/11/2015
Directors & Members
Show Resigned
Nicholas Brown - Director
(Northern Irish, 51 years old, born August 1975)
Appointed 26 June 2017
 Active
Mervyn Wright - Director
(British, 61 years old, born November 1965)
Appointed 29 November 2000
 Active
Secretaries
Show Resigned
Other Company Directorships
Nicholas Brown
BRIARFIELD LETTINGS LTD
BRIARFIELD MANAGEMENT COMPANY LIMITED
BRIGHT GROWTH HOLDINGS LIMITED
GALWAY PARK & GALWAY DRIVE MANAGEMENT LIMITED
NBG HOLDINGS LIMITED
NORTH COAST HOMES LTD
PARK ROAD DEVELOPMENTS (N.I.) LIMITED
SAMPSON GREEN MANAGEMENT COMPANY LTD
SEALSTOWN DEVELOPMENT LTD
SEMPAUG DEVELOPMENTS LIMITED
WESTERLIES MANAGEMENT COMPANY LIMITED
WILLOWFIELD RESIDENTIAL DEVELOPMENTS LIMITED
Mervyn Wright
JACOB BALLYCLARE LIMITED
MALLOR LIMITED
MERVYN WRIGHT CHARTERS LIMITED
STONEBRIDGE CATERING & EVENTS (NI) LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 2,685,879 2,685,879 2,562,098
Creditors Due Within One Year 858,105 858,105 1,000,302
Working Cap 1,827,774 1,827,774 1,561,796
Total Assets Less Current Liabilities 1,827,774 1,827,774 1,561,796
Long-term Liabilities 1,182,878 1,182,878 1,192,500
Net Assets 644,896 644,896 369,296
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 644,896 644,896 369,296
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 3.0% 3.0% 8.6%
Cash Bank In Hand 3.7% 3.7% 16.5%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 31.9% 31.9% 39.0%
Net Current Assets Liabilities 68.1% 68.1% 61.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 24.0% 24.0% 14.4%
Capital Employed - - -
Total Assets Less Current Liabilities 68.1% 68.1% 61.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 3.1 3.1 2.6
Solvency Ratio 1.3 1.3 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 19
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 18
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 2,685,879 2,685,879 2,562,098
Debt 2,040,983 2,040,983 2,192,802
Net Assets/Debt 644,896 644,896 369,296

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 12 January 2026 with no updates
Confirmation statement made on 12 January 2025 with no updates
Confirmation statement made on 12 January 2024 with updates
Statement of capital on 4 January 2024
Statement by Directors
Solvency Statement dated 19/12/23
Resolutions
Confirmation statement made on 29 November 2023 with updates
Cessation of Mervyn Thomas Armstrong Wright as a person with significant control on 3 December 2021
Cessation of Nicholas Brian Geoffrey Brown as a person with significant control on 3 December 2021
Notification of Bright Growth Holdings Limited as a person with significant control on 3 December 2021
Confirmation statement made on 29 November 2022 with no updates
Satisfaction of charge NI0397470015 in full
Satisfaction of charge NI0397470014 in full
Satisfaction of charge NI0397470016 in full
Satisfaction of charge NI0397470018 in full
Satisfaction of charge NI0397470017 in full
Confirmation statement made on 29 November 2021 with no updates
Confirmation statement made on 29 November 2020 with updates
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