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Company No. NI620390 · Incorporated 12 Sep 2013

Lagan Homes (N.i.) Ltd

Registered name: LAGAN HOMES (N.I.) LTD

Part of Lagan Homes Holdings Limited group

Lagan Homes (N.i.) Ltd made £0 revenue and a £3.2m loss in the year to 31 Dec 2025.

Lagan Homes (N.i.) Ltd’s revenue was £0 in the year to 31 Dec 2025, with a loss of £3.2m and 4 employees. The company is classified under “construction of domestic buildings” and is based in Belfast; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings
Status
Active
Location
Belfast, Northern Ireland
Age
13 yrs · since 2013
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Small team
Revenue
£0
Growth —
Profit
−£3.2m
Growth —
Profit margin
—
 
Employees
4
Change ▼20%
Profit / employee
−£803k
Revenue/employee £0
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£0£0£0
Operating profit−£648k−£516k−£718k
Profit before tax−£2m−£2.6m−£3.1m
Profit after tax−£2m−£2.8m−£3.2m
Profit (best available)−£2m−£2.8m−£3.2m
Employees (average)554
Ratios
Profit margin———
Revenue per employee£0£0£0
Profit per employee−£394k−£551k−£803k
Growth (year on year)
Headcount growth—0%▼20%
Balance sheet — indirect signals, not revenue
Cash at bank£8.9m£9.5m£10.8m
Net assets£10.4m£7.7m£4.6m
Fixed assets£110£218k£153k
Current assets£29.4m£38.9m£40.3m
Debtors£20.4m£28.5m£27.3m
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£0
Revenue ÷ average employees.
Profit per employee
−£803k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▼41%
Now £4.6m
Cash at bank
▲14%
Now £10.8m
Headcount
▼20%
Now 4
Deferred income
—
Now —
Fixed assets
▼30%
Now £153k
Corporate ownership

Group structure

Ownership chain

  1. Lagan Homes Holdings Limitedultimate parent75–100%
  2. Lagan Homes Group Ltd75–100%
  3. Lagan Homes (N.i.) Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (16)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£3.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.