DRUMARG PROPERTIES LIMITED

Company number NI623830 · Active

DRUMARG PROPERTIES LIMITED is a private limited company registered in ARMAGH, United Kingdom, incorporated on 2 Apr 2014. Its registered activity is other letting and operating of own or leased real estate. Its latest published accounts for the period ending 31 Mar 2025 show equity of £1.7m, total assets of £4.7m. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Equity (signed log)2.0×≥ 5.52268 · 0.24 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent

Lowers the risk

Region0.0×BT · 0.00 % became insolvent
Industry0.3×68 · 0.04 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
NI623830 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
2 Apr 2014 (13 years)
Registered address
BT61 7EW ARMAGH
Postcode area
Northern Ireland
Activity
68209 Other letting and operating of own or leased real estate
Industry
Real estate activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –£1.7m£4.7m £87k£482k12
31 Mar 202415 Dec 2024– –£1.4m£4.5m £62k£170k18
31 Mar 202315 Mar 2024– –£1.1m£4.6m £257k£301k12
31 Mar 202215 Dec 2022– –£817k£4.3m £207k£294k10
31 Mar 202115 Dec 2021– –£680k£3.7m £139k–7
31 Mar 202015 Dec 2020– –£503k£3.4m £2.8m–9

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Northern Ireland

Questions about DRUMARG PROPERTIES LIMITED

What is the company number of DRUMARG PROPERTIES LIMITED?

DRUMARG PROPERTIES LIMITED is registered under company number NI623830 in the official register of United Kingdom. View it at the official register.

Is DRUMARG PROPERTIES LIMITED still active?

Yes. DRUMARG PROPERTIES LIMITED is registered as active (status: Active).

Has DRUMARG PROPERTIES LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for DRUMARG PROPERTIES LIMITED in the official data.

How likely is DRUMARG PROPERTIES LIMITED to become insolvent?

Our model estimates a 0.00 % probability that DRUMARG PROPERTIES LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was DRUMARG PROPERTIES LIMITED founded?

DRUMARG PROPERTIES LIMITED was incorporated on 2 Apr 2014.

Where is DRUMARG PROPERTIES LIMITED registered?

DRUMARG PROPERTIES LIMITED's registered address is in BT61 7EW ARMAGH (Northern Ireland), United Kingdom.

What do the latest accounts of DRUMARG PROPERTIES LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £1.7m, total assets of £4.7m, 12 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.