Brac Ventures Limited
NI626276
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
unaudited abridged
Next accounts due
31/05/2027
Confirmation statement
Last: 20/08/2026
Due 03/09/2027
Industry
Officers
director · Since 21/08/2014
COMPANY DIRECTOR
IRISH · NORTHERN IRELAND · Age 44
Also on 8 other boards
director · Since 01/08/2021
DIRECTOR
IRISH · NORTHERN IRELAND · Age 37
Also on 2 other boards
Former
director · Resigned 09/12/2015
Persons with Significant Control
Mr Hugh Daly
Irish · Northern Ireland · Age 44
4, Larkins Road, Crossmaglen
Notified 21/08/2016
Change History
Active
Private Limited Company
4 LARKINS ROAD
NEWRY
CompanyRankvs 217239+ SIC 68209 peers40
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 22/05/2026
Net Worth
-£6k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£11k
Current Liabilities
£17k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2026 | 0.64 |
Derived from filed accounts. Not audited figures.
Filing History26 filings
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
appoint person director company with name date
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with no updates
accounts with accounts type unaudited abridged
confirmation statement with updates
accounts with accounts type total exemption small
confirmation statement with updates
accounts with accounts type total exemption small
termination director company with name termination date
annual return company with made up date full list shareholders
incorporation company