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SL MCNIECE BUILDING CONTRACTOR LTD Financials

Company number
NI047079Copy
Copy
Registered office
70 Ennislare Road, Armagh, BT60 2AU
Incorporated
30/06/2003

Company snapshot

Status
Active
Employees
10 (2025)
Latest financial data
2025
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£2.10M2025
10.04%vs 2024

2024: £1.91M

Total Assets

£2.84M2025
11.31%vs 2024

2024: £2.55M

Cash in Bank

£534.89K2025
39.36%vs 2024

2024: £383.83K

Total Liabilities

£530.53K2025
30.14%vs 2024

2024: £407.67K

Employees

102025
0vs 2024

2024: 10

In 2025, SL MCNIECE BUILDING CONTRACTOR LTD reported net assets of £2.10M. The same filing shows total assets of £2.84M, cash in bank of £534.89K and total liabilities of £530.53K. Reported headcount was 10 in 2025. Total Assets rose from £2.55M in 2024 to £2.84M in 2025 (11.31%). Okredo holds filed figures for 2021–2025; 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

£2.10M2025
10.04%from £1.91M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures SL MCNIECE BUILDING CONTRACTOR LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£2.35M2023£2.10M2025
-10.6%vs 2023

-5.5% a year compound (CAGR)

Cash in Bank

£382.25K2023£534.89K2025
+39.9%vs 2023

+18.3% a year compound (CAGR)

Total Assets

£2.99M2023£2.84M2025
-5.1%vs 2023

-2.6% a year compound (CAGR)

Total Liabilities

£422.16K2023£530.53K2025
+25.7%vs 2023

+12.1% a year compound (CAGR)

Employees

82023102025
+25%vs 2023+2

Biggest increase

Cash in Bank+39.9%

£382.25K in 2023 to £534.89K in 2025

Biggest decrease

Net Assets-10.6%

£2.35M in 2023 to £2.10M in 2025

SL MCNIECE BUILDING CONTRACTOR LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SL MCNIECE BUILDING CONTRACTOR LTD'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
74.15%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
18.71%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
100.82%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
18.86%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 SL MCNIECE BUILDING CONTRACTOR LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£2.49M2.72M2.35M1.91M2.10M
Total Assets£4.54M3.30M2.99M2.55M2.84M
Cash in Bank£854.33K430.04K382.25K383.83K534.89K
Total Liabilities£546.26K443.35K422.16K407.67K530.53K
Employees10781010

SL MCNIECE BUILDING CONTRACTOR LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SL MCNIECE BUILDING CONTRACTOR LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SL MCNIECE BUILDING CONTRACTOR LTD reported net assets of £2.10M for 2025. That compares with £1.91M in 2024, a change of 10.04%.

SL MCNIECE BUILDING CONTRACTOR LTD reported total assets of £2.84M for 2025. That compares with £2.55M in 2024, a change of 11.31%.

SL MCNIECE BUILDING CONTRACTOR LTD reported cash in bank of £534.89K for 2025. That compares with £383.83K in 2024, a change of 39.36%.

SL MCNIECE BUILDING CONTRACTOR LTD reported 10 employees in 2025, compared with 10 in 2024.

Between 2023 and 2025, SL MCNIECE BUILDING CONTRACTOR LTD's net assets fell by 10.6%, cash in bank rose by 39.9%, total assets fell by 5.1% and total liabilities rose by 25.7%. Net assets contracted at 5.5% a year across the two years to 2025, from £2.35M to £2.10M. Reported headcount went from 8 in 2023 to 10 in 2025 (+2).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.