LAGAN OPERATIONS & MAINTENANCE LIMITED Financials
- Company number
- NI041431CopyCopy
- Registered office
- Rosemount House, 21-23 Sydenham Road, Belfast BT3 9HA
- Incorporated
- 29/08/2001
Company snapshot
- Status
- Active
- Employees
- 72 (2025)
- Latest financial data
- 2025
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
-84.09%vs 20242024: £819.88K
Total Assets
-61.21%vs 20242024: £4.15M
Cash in Bank
-61.10%vs 20242024: £1.17M
Total Liabilities
-56.46%vs 20242024: £3.20M
Employees
-3vs 20242024: 75
In 2025, LAGAN OPERATIONS & MAINTENANCE LIMITED reported net assets of £130.47K. The same filing shows total assets of £1.61M, cash in bank of £454.99K and total liabilities of £1.39M. Reported headcount was 72 in 2025. Total Assets fell from £4.15M in 2024 to £1.61M in 2025 (-61.21%). Okredo holds filed figures for 2023–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-84.09%from £819.88K in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures LAGAN OPERATIONS & MAINTENANCE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-52.1%vs 2023-30.8% a year compound (CAGR)
Cash in Bank
-89%vs 2023-66.8% a year compound (CAGR)
Total Assets
-75.9%vs 2023-50.9% a year compound (CAGR)
Total Liabilities
-78%vs 2023-53.1% a year compound (CAGR)
Employees
+12.5%vs 2023+8Biggest increase
Employees+12.5%
64 in 2023 to 72 in 2025
Biggest decrease
Cash in Bank-89%
£4.13M in 2023 to £454.99K in 2025
LAGAN OPERATIONS & MAINTENANCE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LAGAN OPERATIONS & MAINTENANCE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 8.10%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 86.55%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 32.64%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 28.25%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LAGAN OPERATIONS & MAINTENANCE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 272.54K | 819.88K | 130.47K |
| Total Assets£ | 6.68M | 4.15M | 1.61M |
| Cash in Bank£ | 4.13M | 1.17M | 454.99K |
| Total Liabilities£ | 6.34M | 3.20M | 1.39M |
| Employees | 64 | 75 | 72 |
LAGAN OPERATIONS & MAINTENANCE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LAGAN OPERATIONS & MAINTENANCE LIMITED covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
LAGAN OPERATIONS & MAINTENANCE LIMITED reported net assets of £130.47K for 2025. That compares with £819.88K in 2024, a change of -84.09%.
LAGAN OPERATIONS & MAINTENANCE LIMITED reported total assets of £1.61M for 2025. That compares with £4.15M in 2024, a change of -61.21%.
LAGAN OPERATIONS & MAINTENANCE LIMITED reported cash in bank of £454.99K for 2025. That compares with £1.17M in 2024, a change of -61.10%.
LAGAN OPERATIONS & MAINTENANCE LIMITED reported 72 employees in 2025, compared with 75 in 2024.
Between 2023 and 2025, LAGAN OPERATIONS & MAINTENANCE LIMITED's net assets fell by 52.1%, cash in bank fell by 89%, total assets fell by 75.9% and total liabilities fell by 78%. Net assets contracted at 30.8% a year across the two years to 2025, from £272.54K to £130.47K. Reported headcount went from 64 in 2023 to 72 in 2025 (+8).
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.