The Firmwatch take
Lagmar Properties Limited (NI054425) currently shows: At risk signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Net liabilities of £420k — assets do not cover obligations.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
23 March 2005
21 years on the register
Sector
Other business support service activities n.e.c.
SIC 82990
Size
Not classified
Net assets
−£420k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£420k
Bottom 10% in sector · sector median £2k · 185,966 filers in this sector
Cash
Not disclosed
Working cap.
£5.3m
Median £4k
Current ratio
628×
Median 1.3×
Signals · 1
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Sector benchmark · Property and Support Services
How this company compares in 185,966 filers in this sector
Bottom 10% in sector — Lagmar Properties Limited shows −£420k in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · BT1 3BG
353 other UK companies registered at this postcode.
Active
330
Dissolved
3
Strike-off action
3
People
Who runs this company
- LM
LAGAN, Michael Anthony
director · since 2020
- MS
MCCANN, Sean Gerard
director · since 2018
Registered office
Address intelligence
353 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.