- Companies
- Finishing trades
- Magherafelt
- Gem Residential Ltd
Gem Residential Ltd
- Company number
- NI042458
- Incorporated
- 8 Feb 200224 years trading
- Registered office
- 19 Kirk Avenue, Magherafelt, Co Derry, BT45 6BT
- Nature of business
- Other building completion and finishing
Gem Residential Ltd is a 24-year-old private limited company registered in Magherafelt, company number NI042458, one of 7 building finishing companies in Magherafelt. Its next accounts are due at Companies House on 31 December 2026, and the CT600 for the period to 31 March 2026 is due at HMRC on 31 March 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets down £55K (-36.7%) on the year before, to £96K.
- Net assets rose in 4 of 9 year-on-year comparisons on record.
- Current assets of £247K against £151K owed within a year: 1.6 times cover.
- No employees reported for the latest year (directors are often not counted as employees).
- Balance sheets on record for 10 years, 2017 to 2026.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 Mar 2026 | £96K | £86K | £247K | £151K | 0 |
| 31 Mar 2025 | £151K | £168K | £292K | £141K | 1 |
| 31 Mar 2024 | £192K | £281K | £283K | £92K | 1 |
| 31 Mar 2023 | £236K | £271K | £274K | £44K | 0 |
| 31 Mar 2022 | £176K | £74K | £224K | £54K | 1 |
| 31 Mar 2021 | £713K | £194K | £877K | £170K | 1 |
| 31 Mar 2020 | £1.2M | £320K | £1.6M | £221K | 1 |
| 31 Mar 2019 | £1.2M | £288K | £2.1M | £345K | 1 |
| 31 Mar 2018 | £1.1M | £862K | £1.5M | £225K | 1 |
| 31 Mar 2017 | £1M | £493K | £1.4M | £410K | 1 |
Where Gem Residential Ltd is registered
The registered office is in Magherafelt (BT45), in the Mid Ulster local authority area, Northern Ireland. Show BT45 6BT on a map.
Other trade companies in BT45
- Oakleaf Modular Solutions LimitedSpecialist contractors
- Decorfinishni LtdPainters and decorators
- Tonagh Construction Services LtdSpecialist contractors
- Es Brickwork LtdSpecialist contractors
- CSS Ireland LtdSpecialist contractors
- 825 Contracts LtdBuilders
- Vind Services LtdMachinery repair and installation
- Braidwater (Strategic Land) LimitedProperty developers
Also registered at this address
1 other company uses the same registered office as Gem Residential Ltd.
- Hty Holdings LtdMachinery repair and installation
What happens if Gem Residential Ltd files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 31 December 2026.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Jan 2027 to 31 Jan 2027 | £150 |
| 1 to 3 months late | 1 Feb 2027 to 31 Mar 2027 | £375 |
| 3 to 6 months late | 1 Apr 2027 to 30 Jun 2027 | £750 |
| More than 6 months late | From 1 Jul 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Apr 2027 | £200 |
| 3 months late | 30 Jun 2027 | another £200 |
| 6 months late | 30 Sep 2027 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 Mar 2028 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- NI042458
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 8 February 2002 (24 years ago)
- Registered office
- 19 Kirk Avenue, Magherafelt, Co Derry, BT45 6BT
- Nature of business
- Other building completion and finishing (SIC 43390)
- Year end
- 31 March (accounting reference date)
- Accounts type
- Total exemption (full)
- Last accounts made up to
- 31 March 2025
- Last confirmation statement
- 8 February 2026
- Charges (mortgages)
- 0 outstanding of 16 registered
- Previous names
- Gem Property Developments Limited (until 26 Sep 2017)
Filing notes for building finishing companies
Finishing trade companies cover a wide range of work. Most are micro-entities with simple accounts and a straightforward CT600.
Similar companies in Magherafelt
Other active building finishing companies registered in Magherafelt.
- Ma.Guttering Ltd2026
- Maccon (NI) Ltd2003
- Moyola Partitions Ltd2019
- Oncce Limited2016
- Sperrin Drilling Ltd2025
- A Ok Installations Limited2005
All building finishing companies in Magherafelt · All trades in Magherafelt · Finishing trades across the UK
Frequently asked questions
When are Gem Residential Ltd's accounts due?
Gem Residential Ltd's next accounts are due at Companies House by 31 December 2026 (in 79 days), covering the period to 31 March 2026.
When is Gem Residential Ltd's CT600 due?
The CT600 for the period to 31 March 2026 is due at HMRC by 31 March 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 January 2027.
Is Gem Residential Ltd still trading?
Gem Residential Ltd is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Gem Residential Ltd do?
Gem Residential Ltd is registered under Other building completion and finishing (SIC 43390).
How old is Gem Residential Ltd?
Gem Residential Ltd was incorporated on 8 February 2002, 24 years ago.
What is the penalty if Gem Residential Ltd files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Gem Residential Ltd on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.