Company Overview
Armagh Economic Development Group 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 Monday 27 March 2000, so this is a well established company. Armagh Economic Development Group has been in business for 26 years. The accounts status is micro entity and the accounts are next due on Thursday 31 December 2026.
Registered Address

C/O Noel Conn & Company 7 Seven Houses, Upper English Street, Armagh, BT61 7LA
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Companies House Data
Company NameARMAGH ECONOMIC DEVELOPMENT GROUP
Company NumberNI038229
Registered Office AddressC/O Noel Conn & Company 7 Seven Houses
 Upper English Street
 BT61 7LA
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date27/03/2000
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date24/04/2017
Returns Last Made Up Date27/03/2016
Directors & Members
Show Resigned
Norman Nicholl - Director
(British, 82 years old, born August 1944)
Appointed 27 March 2000
 Active
Samuel Nicholson - Director
(British, 57 years old, born October 1969)
Appointed 13 April 2024
 Active
Anne Rutledge - Director
(British, 76 years old, born December 1950)
Appointed 27 March 2000
 Active
Robert Scott - Director
(British, 82 years old, born July 1944)
Appointed 10 April 2024
 Active
Jim Speers - Director
(British, 80 years old, born May 1946)
Appointed 27 March 2000
 Active
Secretaries
Show Resigned
Other Company Directorships
Norman Nicholl
NC ENGINEERING (HAMILTONSBAWN) LIMITED
Samuel Nicholson
ARMAGH BUSINESS CENTRE LIMITED
ARMAGH CITY TOWNSCAPE HERITAGE PARTNERSHIP LIMITED
IRISH CENTRAL BORDER AREA NETWORK LIMITED
SOAR (ABC) LOCAL ACTION GROUP LIMITED
Anne Rutledge
RUTLEDGE RECRUITMENT & TRAINING LTD
Robert Scott
No companies found
Jim Speers
EAST BORDER REGION LIMITED
IRISH CENTRAL BORDER AREA NETWORK LIMITED
NAVAN AT ARMAGH MANAGEMENT LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 330,598 330,598 344,020
Current Assets 444,893 444,893 485,867
Creditors Due Within One Year 31,294 31,294 113,520
Working Cap 413,599 413,599 372,347
Total Assets Less Current Liabilities 744,197 744,197 716,367
Long-term Liabilities 0 0 0
Net Assets 744,197 744,197 716,367
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 744,197 744,197 716,367
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 42.6% 42.6% 41.5%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 57.4% 57.4% 58.5%
Creditors Due Within One Year 4.0% 4.0% 13.7%
Net Current Assets Liabilities 53.3% 53.3% 44.9%
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 96.0% 96.0% 86.3%
Capital Employed - - -
Total Assets Less Current Liabilities 96.0% 96.0% 86.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 14.2 14.2 4.3
Solvency Ratio 24.8 24.8 7.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 775,491 775,491 829,887
Debt 31,294 31,294 113,520
Net Assets/Debt 744,197 744,197 716,367

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. 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. 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. 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
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Document Filings
Confirmation statement made on 10 March 2025 with no updates
Termination of appointment of James Patrick Mccann as a director on 14 November 2024
Appointment of Mr Samuel Thomas John Nicholson as a director on 13 April 2024
Appointment of Mr Robert James Scott as a director on 10 April 2024
Confirmation statement made on 10 March 2024 with no updates
Termination of appointment of Patrick John Woods as a director on 19 September 2023
Termination of appointment of Sharon Patricia O'gorman as a secretary on 22 August 2023
Termination of appointment of Sharon Patricia O'gorman as a director on 22 August 2023
Confirmation statement made on 10 March 2023 with no updates
Registered office address changed from C/O Armagh City & District Council Council Offices the Place Demesne Armagh BT60 4EL to C/O Noel Conn & Company 7 Seven Houses Upper English Street Armagh BT61 7LA on 9 January 2023
Confirmation statement made on 10 March 2022 with no updates
Confirmation statement made on 10 March 2021 with no updates
Confirmation statement made on 27 March 2020 with no updates
Appointment of Mr Patrick John Woods as a director on 11 December 2019
Director's details changed for Mrs Sharon Patricia O'gorman on 4 November 2019
Secretary's details changed for Mrs Sharon Patricia O'gorman on 4 November 2019
Confirmation statement made on 27 March 2019 with no updates
Termination of appointment of Geoffrey Hooks as a director on 12 March 2019
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