Company Overview
Mlc Projects No.50 Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 14 November 2011, so this is a well established company. Mlc Projects No.50 Limited has been in business for 14 years and 4 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Garvey Studios, 8-10 Longstone Street, Lisburn, County Antrim, BT28 1TP
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Companies House Data
Company NameMLC PROJECTS NO.50 LIMITED
Company NumberNI609932
Registered Office AddressGarvey Studios
 8-10 Longstone Street
 BT28 1TP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/11/2011
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 Date12/12/2016
Returns Last Made Up Date14/11/2015
Previous Company NameChanged Date
THERMCARE LTD07 Aug 2018
Directors & Members
Damien Hughes - Director
(British, 55 years old, born October 1971)
Appointed 15 August 2018
 Active
Timothy Hughes - Director
(Irish, 59 years old, born December 1967)
Appointed 15 August 2018
 Active
Ian MacCorkell - Director
(British, 62 years old, born May 1964)
Appointed 14 November 2011
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Damien Hughes
DERRYBEG LIMITED
DMHFT LIMITED
H2 DEVELOPMENTS LTD
KES PROJECTS LIMITED
LAGAN TAL LIMITED
LISSUE BUSINESS SERVICES LLP
LISSUE DEVELOPMENTS LTD
LISSUE ESTATES LIMITED
LISSUE PLANT & EQUIPMENT LIMITED
NEWEURO PROPERTIES LIMITED
TAL BUILDING CONTRACTORS LIMITED
TAL CIVIL ENGINEERING LIMITED
TAL DISTRIBUTION LIMITED
TAL GROUP LIMITED
TAL HOLDINGS LIMITED
TAL LIMITED
TAL-RHATIGAN LIMITED
Timothy Hughes
H2 DEVELOPMENTS LTD
LAGAN TAL LIMITED
LISSUE BUSINESS SERVICES LLP
TAL BUILDING CONTRACTORS LIMITED
TJHFT LIMITED
Ian MacCorkell
ANGELLO CAPITAL PARTNERS LLP
ANGELLO MOLDOVA TRANSFORMATIONAL INVESTMENT COMPANY NO.1 LIMITED
ARDBARRON TRUST LIMITED
BREEZEMOUNT DEVELOPMENT PROJECTS LIMITED
BREEZEMOUNT GROUP HOLDINGS LIMITED
CASTLE WOOD DEVELOPMENTS LTD
CAVANACAW GRANGE MANAGEMENT COMPANY LTD
CET PROPERTIES LTD
CHERRYVILLE PROPERTIES LTD
COOLRAVEN PROPERTIES LIMITED
CRANSLOUGH ESTATES LIMITED
CRANSLOUGH PROPERTIES LIMITED
DGO FOUNDATION
GARVEY STUDIOS MANAGEMENT LIMITED
GLENVIEW CLOSE MANAGEMENT COMPANY LIMITED
HERD TRUST
LOCKSLEY MEWS MANAGEMENT COMPANY LTD
MLC ARDGOWAN LTD
MLC CORPORATE TRUSTEES LIMITED
MLC LEGAL NOMINEES LIMITED
NEBO INTERNATIONAL LIMITED
OLD SHORE ESTATES LTD
RIVERSIDE DOAGH MANAGEMENT COMPANY LTD
SPRUCE HILLSBOROUGH LIMITED
THE COMMONS BELLEEK MANAGEMENT 2010 LIMITED
THORCAILL CAPITAL LTD
THORCAILL HOUSE LIMITED
THORCAILL LIMITED
TSCL PROJECTS LIMITED
WEF SPRUCEFIELD RESOURCES NO.1 LTD
WEF SPRUCEFIELD RESOURCES NO.2 LTD
WELLINGTON MANAGEMENT MAGHABERRY LTD
WHEATHILL INVESTMENTS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets -609,403 -609,403 -281,942
Current Assets 203,260 203,260 54,707
Creditors Due Within One Year -465,129 -465,129 -266,264
Working Cap 668,389 668,389 320,971
Total Assets Less Current Liabilities 58,986 58,986 39,029
Long-term Liabilities 930,258 930,258 532,528
Net Assets 58,986 58,986 39,029
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 58,986 58,986 39,029
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 150.0% 150.0% 124.1%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets -50.0% -50.0% -24.1%
Creditors Due Within One Year 114.5% 114.5% 117.2%
Net Current Assets Liabilities -164.6% -164.6% -141.3%
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 -14.5% -14.5% -17.2%
Capital Employed - - -
Total Assets Less Current Liabilities -14.5% -14.5% -17.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio -0.4 -0.4 -0.2
Solvency Ratio -0.9 -0.9 -0.9
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-2022 31-Mar-2021
Assets -406,143 -406,143 -227,235
Debt 465,129 465,129 266,264
Net Assets/Debt 58,986 58,986 39,029

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets.

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 BT28 1TP
MLC ARDGOWAN LTD
Garvey Studios, 8-10 Longstone Street, Lisburn, County Antrim, BT28 1TP
LISSUE DEVELOPMENTS LTD
Garvey Studios 8 - 10, Longstone Street, Lisburn, County Antrim, BT28 1TP
ORCHARD TRUST
MACCORKELL LEGAL & COMMERCIAL, GARVEY STUDIOS, 8-10 LONGSTONE STREET, LISBURN CO ANTRIM, BT28 1TP
LARAGH'S CROFT MANAGEMENT LIMITED
2-4 MARKET PLACE, CARRICKFERGUS, BT28 1TP
ANGELLO MOLDOVA TRANSFORMATIONAL INVESTMENT COMPANY NO.1 LIMITED
89 Hillsborough Road, Carryduff, Belfast, BT28 1TP
MACCORKELL LEGAL & COMMERCIAL LIMITED
GARVEY STUDIOS, 8-10 LONGSTONE STREET, LISBURN, COUNTY ANTRIM, BT28 1TP
DMHFT LIMITED
GARVEY STUDIOS, 8-10 LONGSTONE STREET, LISBURN, COUNTY ANTRIM, BT28 1TP
TJHFT LIMITED
GARVEY STUDIOS, 8-10 LONGSTONE STREET, LISBURN, COUNTY ANTRIM, BT28 1TP
MLC CORPORATE TRUSTEES LIMITED
GARVEY STUDIOS, 8-10 LONGSTONE STREET, LISBURN, COUNTY ANTRIM, BT28 1TP
MLC LEGAL NOMINEES LIMITED
GARVEY STUDIOS, 8-10 LONGSTONE STREET, LISBURN, COUNTY ANTRIM, BT28 1TP
Document Filings
Confirmation statement made on 16 August 2025 with updates
Confirmation statement made on 16 August 2024 with no updates
Director's details changed for Mr Damien Martin Hughes on 1 January 2024
Director's details changed for Mr Ian James Maccorkell on 2 June 2023
Confirmation statement made on 16 August 2023 with no updates
Confirmation statement made on 16 August 2022 with updates
Previous accounting period extended from 30 November 2020 to 31 March 2021
Confirmation statement made on 16 August 2021 with no updates
Confirmation statement made on 16 August 2020 with no updates
Confirmation statement made on 16 August 2019 with no updates
Confirmation statement made on 16 August 2018 with updates
Appointment of Mr Timothy James Hughes as a director on 15 August 2018
Appointment of Mr Damien Martin Hughes as a director on 15 August 2018
Confirmation statement made on 9 August 2018 with updates
Notification of Mlc Legal Nominees Limited as a person with significant control on 14 November 2016
Withdrawal of a person with significant control statement on 7 August 2018
Resolutions
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