Company Overview
Park Road Developments (N.I.) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 09 April 2015, so this is a well established company. Park Road Developments (N.I.) Limited has been in business for 10 years and 11 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

158 Upper Newtownards Road, Belfast, BT4 3EQ
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Companies House Data
Company NamePARK ROAD DEVELOPMENTS (N.I.) LIMITED
Company NumberNI630591
Registered Office Address158 Upper Newtownards Road
 BT4 3EQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date09/04/2015
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date07/05/2017
Returns Last Made Up Date09/04/2016
Previous Company NameChanged Date
LAGAN HOMES MIRTNA LIMITED08 Nov 2016
Directors & Members
Show Resigned
Nicholas Brown - Director
(Northern Irish, 51 years old, born August 1975)
Appointed 01 November 2021
 Active
James Patterson - Director
(Northern Irish, 58 years old, born March 1968)
Appointed 25 November 2016
 Active
John Stewart - Director
(Northern Irish, 63 years old, born October 1963)
Appointed 25 November 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Nicholas Brown
BRIARFIELD LETTINGS LTD
BRIARFIELD MANAGEMENT COMPANY LIMITED
BRIGHT GROWTH HOLDINGS LIMITED
DRUMEEN CONSTRUCTION LTD
GALWAY PARK & GALWAY DRIVE MANAGEMENT LIMITED
NBG HOLDINGS LIMITED
NORTH COAST HOMES LTD
SAMPSON GREEN MANAGEMENT COMPANY LTD
SEALSTOWN DEVELOPMENT LTD
SEMPAUG DEVELOPMENTS LIMITED
WESTERLIES MANAGEMENT COMPANY LIMITED
WILLOWFIELD RESIDENTIAL DEVELOPMENTS LIMITED
James Patterson
BBD HOMES LIMITED
CIRCA HOUSE DEVELOPMENTS LIMITED
GLOBAL HOUSE DEVELOPMENTS LIMITED
MERLIN PROPCO LIMITED
SEALSTOWN DEVELOPMENT LTD
TOPCO MOIRA LTD
John Stewart
BRIARFIELD LETTINGS LTD
COTTONMOUNT ARMS LTD
COTTONMOUNT PROPERTIES LTD
GLENDUNNE LIMITED
HYDEPARK ROAD DEVELOPMENTS LIMITED
JSR HOMES & DEVELOPMENTS LTD
JSR HOMES LTD
KILN COURT APARTMENTS MANAGEMENT LIMITED
LJH LIMITED
LYLEHILL PROPERTIES LTD
MILL BRIDGE (HYDEPARK) MANAGEMENT COMPANY LIMITED
NORTH COAST HOMES LTD
SEALSTOWN DEVELOPMENT LTD
THRALCOT HOMES LIMITED
THRALCOT LANE MANAGEMENT LIMITED
TRENCH ROAD DEVELOPMENTS LIMITED
WILLOWFIELD RESIDENTIAL DEVELOPMENTS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 6 6 6
Current Assets 2,814,386 2,814,386 2,770,596
Creditors Due Within One Year 3,062,674 3,062,674 3,009,049
Working Cap -248,288 -248,288 -238,453
Total Assets Less Current Liabilities -248,282 -248,282 -238,447
Long-term Liabilities 248,288 248,288 238,453
Net Assets 6 6 6
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 6 6 6
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 49.4% 49.4% 50.6%
Cash Bank In Hand 0.3% 0.3% 0.3%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 108.8% 108.8% 108.6%
Net Current Assets Liabilities -8.8% -8.8% -8.6%
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 0.0% 0.0% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities -8.8% -8.8% -8.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 0.9 0.9 0.9
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 2,814,392 2,814,392 2,770,602
Debt 2,814,386 2,814,386 2,770,596
Net Assets/Debt 6 6 6

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.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.   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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

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 9 December 2025 with no updates
Registration of charge NI6305910002, created on 20 October 2025
Registration of charge NI6305910003, created on 20 October 2025
Registration of charge NI6305910004, created on 20 October 2025
Satisfaction of charge NI6305910001 in full
Registered office address changed from 158 Upper Newtownards Road Belfast BT4 3EQ Northern Ireland to Unit 1 44-58 Dargan Crescent Belfast BT3 9JP on 27 April 2025
Confirmation statement made on 9 December 2024 with updates
Confirmation statement made on 9 December 2023 with no updates
Confirmation statement made on 9 December 2022 with no updates
Confirmation statement made on 9 December 2021 with updates
Notification of Bright Growth Holdings Limited as a person with significant control on 3 December 2021
Appointment of Mr Nicholas Brian Geoffrey Brown as a director on 1 November 2021
Confirmation statement made on 1 June 2021 with updates
Notification of Nicholas Brian Geoffrey Brown as a person with significant control on 23 April 2021
Cessation of Judicial Nominees Limited as a person with significant control on 23 April 2021
Confirmation statement made on 7 December 2020 with no updates
Confirmation statement made on 7 December 2019 with no updates
Confirmation statement made on 7 December 2018 with no updates
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