FARSET DEVELOPMENT LIMITED Credit Check Report

Company Overview

Farset Development Limited is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Wednesday 25 November 1998, so this is a well established company. Farset Development Limited has been in business for 27 years and 4 months. The accounts status is small and the accounts are next due on Wednesday 31 December 2025.

Registered Address

466 Springfield Road, Belfast, BT12 7DW

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Companies House Data

Company Name	FARSET DEVELOPMENT LIMITED
Company Number	NI035254
Registered Office Address	466 Springfield Road
	Belfast
	BT12 7DW
Company Category	Private Limited By Guarantee Without Share Capital
Company Status	Active
Country of Origin	United Kingdom
Incorporation Date	25/11/1998
Accounting Reference Date Day	31
Accounting Reference Date Month	3
Accounts Next Due Date	31/12/2026
Accounts Last Made Up Date	31/03/2025
Accounts Account Category	SMALL
Returns Next Due Date	23/12/2016
Returns Last Made Up Date	25/11/2015

Directors & Members

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	William Agnew Mbe - Director (British, 84 years old, born August 1942) Appointed 18 November 2014	Active
	Thomas Aicken - Director (British, 80 years old, born January 1946) Appointed 01 March 1999, Resigned 10 November 2015	Resigned
	Stephen Andrews - Director (British, 67 years old, born July 1959) Appointed 25 June 2020	Active
	Robbie Butler - Director (Northern Irish, 54 years old, born April 1972) Appointed 09 September 2020, Resigned 14 February 2024	Resigned
	Joseph Camplisson - Director (British, 98 years old, born September 1928) Appointed 01 March 1999, Resigned 27 February 2020	Resigned
	William Charley - Director (British, 102 years old, born April 1924) Appointed 01 March 1999, Resigned 14 September 2004	Resigned
	Clarence Filor - Director (British, 111 years old, born March 1915) Appointed 01 March 1999, Resigned 22 November 2006	Resigned
	Thomas Gorman - Director (81 years old, born May 1945) Appointed 14 September 2004, Resigned 31 March 2009	Resigned
	David Hagan - Director (British, 62 years old, born May 1964) Appointed 08 October 2020	Active
	Michael Hall - Director (Northern Irish, 77 years old, born September 1949) Appointed 19 June 2018, Resigned 10 March 2021	Resigned
	Thomas Hewitt - Director (British, 82 years old, born March 1944) Appointed 01 April 2010, Resigned 19 October 2022	Resigned
	Robert Jones - Director (British, 72 years old, born August 1954) Appointed 01 March 1999	Active
	John MacVicar - Director (British, 72 years old, born August 1954) Appointed 18 November 2014, Resigned 18 March 2015	Resigned
	Robert Magee - Director (British, 96 years old, born January 1930) Appointed 25 November 1998, Resigned 31 March 2009	Resigned
	Timothy Mairs - Director (Northern Irish, 47 years old, born May 1979) Appointed 08 October 2020, Resigned 31 March 2023	Resigned
	Elizabeth Matthews - Director (British, 75 years old, born December 1951) Appointed 25 November 1998, Resigned 14 September 2004	Resigned
	Robert McAdam - Director (British, 36 years old, born June 1990) Appointed 25 June 2020, Resigned 17 September 2020	Resigned
	Robert McCaughey - Director (Irish, 88 years old, born September 1938) Appointed 25 November 1998, Resigned 22 November 2023	Resigned
	Christopher McCleave - Director (Irish, 34 years old, born December 1992) Appointed 01 December 2025	Active
	Christopher McGimpsey - Director (British, 74 years old, born September 1952) Appointed 25 November 1998	Active
	Eoghan McKenna - Director (Irish, 50 years old, born February 1976) Appointed 08 October 2020, Resigned 14 April 2021	Resigned
	Elizabeth McMillan - Director (British, 95 years old, born December 1931) Appointed 01 March 1999, Resigned 13 October 2014	Resigned
	Wesley Moody - Director (British, 56 years old, born August 1970) Appointed 27 September 2005, Resigned 04 January 2006	Resigned
	Wesley Moody - Director (British, 56 years old, born August 1970) Appointed 14 March 2004, Resigned 27 November 2012	Resigned
	William Patterson - Director (British, 82 years old, born May 1944) Appointed 14 September 2004, Resigned 13 October 2021	Resigned
	William Patterson - Director (British, 82 years old, born May 1944) Appointed 12 October 2005, Resigned 04 January 2006	Resigned
	Dorothy Petticrew - Director (British, 66 years old, born September 1960) Appointed 27 November 2012, Resigned 11 December 2025	Resigned
	Frederick Proctor - Director (British, 87 years old, born May 1939) Appointed 25 February 2002, Resigned 27 September 2005	Resigned
	Anne Rice - Director (British, 92 years old, born September 1934) Appointed 01 March 1999, Resigned 15 March 2019	Resigned
	Arthur Rose - Director (British, 91 years old, born August 1935) Appointed 28 March 1999, Resigned 31 March 2009	Resigned
	Oliver Shanks - Director (British, 87 years old, born August 1939) Appointed 01 March 1999, Resigned 07 October 2020	Resigned
	Gerald Solinas - Director (British, 51 years old, born May 1975) Appointed 19 June 2018, Resigned 12 August 2025	Resigned

Secretaries

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	Samuel Adamson - Secretary Appointed 25 November 1998, Resigned 14 September 2004	Resigned
	William Agnew Mbe - Secretary Appointed 05 August 2023	Active
	Thomas Hewitt - Secretary (British) Appointed 14 September 2004, Resigned 19 October 2022	Resigned

Other Company Directorships

William Agnew Mbe
BELTOY ASSOCIATES LIMITED
FARSET YOUTH AND COMMUNITY DEVELOPMENT LIMITED
GROW SOUTH ANTRIM LIMITED
MISTYBURN CONSULTANTS LIMITED
NEWTOWNABBEY TOWN CENTRE MANAGEMENT COMPANY LIMITED
WHITE HOUSE PRESERVATION TRUST - THE

Stephen Andrews
PAISLEY PARK SPORTSPLEX

David Hagan
FARSET ENTERPRISE PARK LIMITED
SKILLBUILD NI LTD

Robert Jones
FARSET YOUTH AND COMMUNITY DEVELOPMENT LIMITED
FARSET/INNISHOWEN & BORDER COUNTIES INITIATIVE LIMITED

Christopher McCleave
No companies found

Christopher McGimpsey
CLOONEYSTREAM DEVELOPMENTS LIMITED
FARSET YOUTH AND COMMUNITY DEVELOPMENT LIMITED
GLENCAIRN PEOPLE'S PROJECT
GREATER SHANKILL PARTNERSHIP
INVESTMENT BELFAST LIMITED
MCGIMPSEY ENTERPRISES LIMITED
RESOLVE RESTORATIVE PRACTICES

Balance Sheet

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Common Size Financial Analysis

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Secured Creditors

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Public Record Information

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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

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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

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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

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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

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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)

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

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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

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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 BT12 7DW

	FARSET YOUTH AND COMMUNITY DEVELOPMENT LIMITED 466 Springfield Road, Belfast, BT12 7DW

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