Company Overview
Lislea Development Association Ltd is listed at the official companies registry as Active Private Limited By Guarantee Without Share Capital. The company was incorporated on Thursday 23 March 2017, so this is a well established company. Lislea Development Association Ltd has been in business for 9 years. The accounts status is micro entity and the accounts are next due on Thursday 31 December 2026.
Registered Address

112 Ballyards Road, Armagh, Co Armagh, BT60 3JH
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Companies House Data
Company NameLISLEA DEVELOPMENT ASSOCIATION LTD
Company NumberNI644744
Registered Office Address112 Ballyards Road
 BT60 3JH
Company CategoryPrivate Limited By Guarantee Without Share Capital
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/03/2017
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 Date20/04/2018
Directors & Members
John Gordon - Director
(Irish, 76 years old, born September 1950)
Appointed 23 March 2017
 Active
Paul Gordon - Director
(Northern Irish, 53 years old, born May 1973)
Appointed 23 March 2017
 Active
Kenneth Johnston - Director
(Irish, 78 years old, born August 1948)
Appointed 23 March 2017
 Active
Sheila McCreesh - Director
(British, 71 years old, born May 1955)
Appointed 23 March 2017
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
John Gordon
No companies found
Paul Gordon
ARMAGH GARAGES LTD
BALLYARDS CONSULTING LTD
BALLYARDS HOLDINGS LTD
LISLEA COMMUNITY LTD
PASO PROPERTIES LTD
SAP ARMAGH LTD
SOAP ARMAGH LTD
SOAP ENTERPRISE LTD
TOP GEAR AUTOS N.I. LTD
Kenneth Johnston
No companies found
Sheila McCreesh
LISLEA COMMUNITY LTD
THE ANTRIM DOWN AND ARMAGH RURAL SUPPORT NETWORK (T.A.D.A.)
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2020 31-Mar-2019
Balance Sheet
Fixed Assets -5,831 -5,831 0
Current Assets 55,601 55,601 55,302
Creditors Due Within One Year 45,334 45,334 54,914
Working Cap 10,267 10,267 388
Total Assets Less Current Liabilities 4,436 4,436 388
Long-term Liabilities 0 0 0
Net Assets 4,436 4,436 388
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 4,436 4,436 388
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2020 31-Mar-2019
Tangible Fixed Assets - - -
Fixed Assets -11.7% -11.7% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - 100.0%
Current Assets 111.7% 111.7% 100.0%
Creditors Due Within One Year 91.1% 91.1% 99.3%
Net Current Assets Liabilities 20.6% 20.6% 0.7%
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 8.9% 8.9% 0.7%
Capital Employed - - -
Total Assets Less Current Liabilities 8.9% 8.9% 0.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2020 31-Mar-2019
Liquidity Ratio 1.2 1.2 1.0
Solvency Ratio 1.1 1.1 1.0
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-2020 31-Mar-2019
Assets 49,770 49,770 55,302
Debt 45,334 45,334 54,914
Net Assets/Debt 4,436 4,436 388

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 current section of the balance sheet has positive working capital. We would normally consider 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 presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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 current section of the balance sheet has positive working capital. We would normally consider 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 presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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 current section of the balance sheet has positive working capital. We would normally consider 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 presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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 BT60 3JH
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MANOR HOUSE GATE LODGE, 3 BALLYARDS ROAD, MILFORD, CO. AMRAGH, BT60 3JH
AGRICULTURAL TRADING MERCHANTS (N.I.) LIMITED
LISLEA MILLS, ARMAGH, CO ARMAGH, BT60 3JH
GOSFORD CASTLE ESTATES LIMITED
CALLAN HOUSE HILL STREET, MILFORD, ARMAGH, BT60 3JH
BALLYARDS CONSULTING LTD
33 LISSHEFFIELD ROAD, LOUGHGALL, ARMAGH, BT60 3JH
LISLEA COMMUNITY LTD
112 Ballyards Road, Armagh, BT60 3JH
Document Filings
Director's details changed for Sean Gordon on 24 March 2026
Confirmation statement made on 22 March 2025 with no updates
Confirmation statement made on 22 March 2024 with no updates
Confirmation statement made on 22 March 2023 with no updates
Confirmation statement made on 22 March 2022 with no updates
Confirmation statement made on 22 March 2021 with no updates
Confirmation statement made on 22 March 2020 with no updates
Confirmation statement made on 22 March 2019 with no updates
Confirmation statement made on 22 March 2018 with no updates
Incorporation
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