Company Overview
Drenagh Sawmills Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 20 June 1974, so this is a well established company. Drenagh Sawmills Limited has been in business for 51 years and 9 months. The accounts status is group and the accounts are next due on Wednesday 31 December 2025.
Registered Address

89 Dowland Road, Aghanloo, Limavady, Co Londonderry, BT49 0JT
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Companies House Data
Company NameDRENAGH SAWMILLS LIMITED
Company NumberNI010241
Registered Office Address89 Dowland Road
 Aghanloo
 BT49 0JT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date20/06/1974
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryGROUP
Returns Next Due Date22/08/2016
Returns Last Made Up Date25/07/2015
Directors & Members
Show Resigned
Elaine Connor - Director
(British, 50 years old, born February 1976)
Appointed 29 July 2014
 Active
Helen Hamilton - Director
(British, 52 years old, born March 1974)
Appointed 29 July 2014
 Active
Lee McDonald - Director
(British, 50 years old, born January 1976)
Appointed 29 July 2014
 Active
Mark McKeever - Director
(British, 61 years old, born February 1965)
Appointed 19 March 1999
 Active
Kevin McKeever - Director
(British, 60 years old, born September 1966)
Appointed 02 December 2002
 Active
Gerard McKeever - Director
(Irish, 66 years old, born April 1960)
Appointed 29 July 2014
 Active
Secretaries
Mark McKeever - Secretary
(British)
Appointed 20 June 1974
 Active
Other Company Directorships
Elaine Connor
No companies found
Helen Hamilton
No companies found
Lee McDonald
No companies found
Mark McKeever
DANMADE LIMITED
DRAKES DISPLAY LTD
LIMAVADY BUSINESS PARK MANAGEMENT LIMITED
MCKEEVER FORESTRY LIMITED
MCKEEVER PROPERTIES LIMITED
NORTH WEST GALVANISING LIMITED
SEAFIN INVESTMENTS LIMITED
SLANEHILL LIMITED
TRADITIONAL GARDEN GAMES LIMITED
Kevin McKeever
DANMADE LIMITED
LIMAVADY BUSINESS PARK MANAGEMENT LIMITED
MAYBLOOM LIMITED
MCKEEVER FORESTRY LIMITED
MCKEEVER PROPERTIES LIMITED
NORTH WEST GALVANISING LIMITED
ROE PARK HOLDINGS LIMITED
SLANEHILL LIMITED
TRADITIONAL GARDEN GAMES LIMITED
Gerard McKeever
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 5,616,765 5,616,765 5,503,246
Current Assets 13,207,155 13,207,155 10,226,133
Creditors Due Within One Year 4,099,252 4,099,252 3,621,155
Working Cap 9,107,903 9,107,903 6,604,978
Total Assets Less Current Liabilities 14,724,668 14,724,668 12,108,224
Long-term Liabilities 734,020 734,020 550,982
Net Assets 13,990,648 13,990,648 11,557,242
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 13,990,648 13,990,648 11,557,242
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 29.8% 29.8% 35.0%
Stocks Inventory - - -
Debtors 52.2% 52.2% 37.9%
Cash Bank In Hand 12.6% 12.6% 23.1%
Current Assets 70.2% 70.2% 65.0%
Creditors Due Within One Year 21.8% 21.8% 23.0%
Net Current Assets Liabilities 48.4% 48.4% 42.0%
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 74.3% 74.3% 73.5%
Capital Employed - - -
Total Assets Less Current Liabilities 78.2% 78.2% 77.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 3.2 3.2 2.8
Solvency Ratio 3.9 3.9 3.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 18,823,920 18,823,920 15,729,379
Debt 4,833,272 4,833,272 4,172,137
Net Assets/Debt 13,990,648 13,990,648 11,557,242

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 balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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.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 balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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.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 balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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
Other Business around BT49 0JT
MCKEEVER FORESTRY LIMITED
89 DOWLAND ROAD, AGHANLOO, LIMAVADY, CO LONDONDERRY, BT49 0JT
Document Filings
Confirmation statement made on 10 November 2025 with updates
Notification of Giuis Capital Ltd as a person with significant control on 29 September 2025
Cessation of Kevin Mckeever as a person with significant control on 29 September 2025
Cessation of Mark Anthony Mckeever as a person with significant control on 29 September 2025
Confirmation statement made on 25 July 2025 with no updates
Confirmation statement made on
Change of share class name or designation
Confirmation statement made on 25 July 2023 with no updates
Termination of appointment of Mervyn Doherty as a director on 28 April 2023
Confirmation statement made on 25 July 2022 with no updates
Purchase of own shares.
Confirmation statement made on 25 July 2021 with updates
Termination of appointment of Eamon Kerlin as a director on 15 May 2021
Confirmation statement made on 25 July 2020 with no updates
Confirmation statement made on 25 July 2019 with no updates
Confirmation statement made on 25 July 2018 with no updates
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