Company Overview
Mainstay Drp is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Wednesday 12 September 1990, so this is a well established company. Mainstay Drp has been in business for 35 years and 7 months. The accounts status is full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

2 Cumulus Heights, Ballyvange, Downpatrick, Co Down, BT30 6WT
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Companies House Data
Company NameMAINSTAY DRP
Company NumberNI024793
Registered Office Address2 Cumulus Heights
 Ballyvange
 BT30 6WT
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/09/1990
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryFULL
Returns Next Due Date10/10/2016
Returns Last Made Up Date12/09/2015
Previous Company NameChanged Date
DOWNE RESIDENTIAL PROJECT - THE07 Dec 2010
Directors & Members
Show Resigned
Jayne Caven - Director
(British, 77 years old, born October 1949)
Appointed 04 November 2022
 Active
Niall Farrell - Director
(Irish, 44 years old, born April 1982)
Appointed 11 May 2023
 Active
James Gorman - Director
(United Kingdom, 75 years old, born August 1951)
Appointed 12 September 1990
 Active
Rosemary Gorman - Director
(British, 74 years old, born May 1952)
Appointed 02 November 2022
 Active
Jennifer Hynds - Director
(Northern Irish, 64 years old, born November 1962)
Appointed 24 April 2024
 Active
Mary McCargo - Director
(British, 80 years old, born October 1946)
Appointed 01 May 1998
 Active
Cyril McKinney - Director
(British, 68 years old, born September 1958)
Appointed 20 May 2025
 Active
Patrick Moore - Director
(Northern Irish, 73 years old, born February 1953)
Appointed 12 September 1990
 Active
Philip Todd - Director
(Irish, 68 years old, born November 1958)
Appointed 02 November 2022
 Active
Secretaries
Show Resigned
Other Company Directorships
Jayne Caven
MAINSTAY DRM LTD
NON-SUBSCRIBING PRESBYTERIAN CHURCH OF IRELAND TRUSTEES ,-THE.
Niall Farrell
MAINSTAY DRM LTD
James Gorman
MAINSTAY DRM LTD
WOOFLE PETCARE LTD
Rosemary Gorman
MAINSTAY DRM LTD
WOOFLE PETCARE LTD
Jennifer Hynds
JFZ LIMITED
MAINSTAY DRM LTD
Mary McCargo
No companies found
Cyril McKinney
BRIGHT COMMUNITY ASSOCIATION LIMITED
DOWN COMMUNITY RADIO LIMITED
MAINSTAY DRM LTD
Patrick Moore
No companies found
Philip Todd
MAINSTAY DRM LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets - - 17,522
Current Assets - - 1,146,366
Creditors Due Within One Year - - 255,782
Working Cap - - 890,584
Total Assets Less Current Liabilities - - 908,106
Long-term Liabilities - - -
Net Assets - - -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - -
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets - - 1.5%
Stocks Inventory - - -
Debtors - - 20.6%
Cash Bank In Hand - - 77.9%
Current Assets - - 98.5%
Creditors Due Within One Year - - 22.0%
Net Current Assets Liabilities - - 76.5%
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 - - -
Capital Employed - - -
Total Assets Less Current Liabilities - - 78.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Liquidity Ratio 0.0 0.0 4.5
Solvency Ratio - - -
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assets - - 1,163,888
Debt - - -
Net Assets/Debt - - -

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.

Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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.Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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.Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 BT30 6WT
MAINSTAY DRM LTD
2 Cumulus Heights, Ballyvange, Downpatrick, County Down, BT30 6WT
Document Filings
Appointment of Miss Sarah Elizabeth Maybin as a director on 27 March 2026
Confirmation statement made on 10 October 2025 with no updates
Director's details changed for Mr Niall Farrell on 10 October 2025
Director's details changed for Mr Patrick Moore on 10 October 2025
Appointment of Mr Cyril Mckinney as a director on 20 May 2025
Confirmation statement made on 10 October 2024 with no updates
Satisfaction of charge 2 in full
Appointment of Ms Jennifer Hynds as a director on 24 April 2024
Termination of appointment of Dan O'donoghue as a secretary on 22 November 2023
Confirmation statement made on 10 October 2023 with no updates
Director's details changed for Mr Patrick Moore on 6 October 2023
Director's details changed for Miss Jayne Eleanor Mary Caven on 6 October 2023
Termination of appointment of William Cordner Reid as a director on 19 September 2023
Termination of appointment of Cyril Mckinney as a director on 11 September 2023
Termination of appointment of Anne Therese Kerr as a director on 13 July 2023
Appointment of Mr William Cordner Reid as a director on 18 May 2023
Appointment of Mr Niall Farrell as a director on 11 May 2023
Termination of appointment of Rita Majella Mcnamee Walsh as a director on 13 March 2023
Cessation of Rita Majella Mcnamee Walsh as a person with significant control on 12 March 2023
Cessation of Helen Owen as a person with significant control on 1 May 2021
Appointment of Mrs Anne Therese Kerr as a director on 14 November 2022
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