AboutBusiness
HelpPrivacyTerms
SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments
SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

VEMAC ENGINEERING LTD

🇬🇧United Kingdom•Private Limited Company (Ltd.)•Active
Equity ratio (2024)Equity ratio
100%
YoY total assets (2023 vs 2024)YoY total assets
+3.7%
CAGR total assets (2018–2024)CAGR total assets

Summary

Country🇬🇧United Kingdom
StatusActive
Registration NumberNI049058
Founded16/12/2003
PurposeManufacture of lifting and handling equipment
Address64 Aughrim Road, Magherafelt, BT45 6JY
Confirmation StatementNext due: —; Last made up: —

Legal & Status

Legal FormPrivate Limited Company (Ltd.)
StatusActive
Registration Date16/12/2003
Registry AuthorityCompanies House
Registered Capital—

Source: UK Companies House · Last updated: 03/12/2025

Timeline (12 events)

31/12/2024

Annual accounts filed

Annual Accounts · Accounting year ending 31/12/2024

View file in Documents

31/12/2023

Annual accounts filed

Annual Accounts · Accounting year ending 31/12/2023

View file in Documents

16/12/2003

Appointed Vincent Mccann (person)

Appointed as Director

Network

This diagram has many connections. for a better experience.
Press enter or space to select a node. You can then use the arrow keys to move the node around. Press delete to remove it and escape to cancel.
Press enter or space to select an edge. You can then press delete to remove it or escape to cancel.
Network depth

Ownership & Management

Persons with significant control

Vincent Mccann

25–50% shares

Appointed: 06/04/2016

37.5%
Karen Mccann

25–50% shares

Appointed: 06/04/2016

37.5%
Vincent Mccann

25–50% shares

Appointed: 06/04/2016

37.5%
Karen Mccann

25–50% shares

Appointed: 06/04/2016

37.5%

Officers & directors

Karen Mccann

Secretary

Appointed: 16/12/2003

—

Showing 1–5 of 7

1 / 2

Ownership Timeline (2 changes)

06/04/2016

Appointed Vincent Mccann (person)

Person with significant control

06/04/2016

Appointed Karen Mccann (person)

Person with significant control

Shareholders

NameHoldingVotingSince
▓▓▓▓▓▓▓▓▓▓▓▓
█.██%
██%
█.█%
▓▓▓▓▓▓▓▓▓▓▓
██%
█.█%
██.██%
▓▓▓▓▓▓▓▓▓▓▓▓▓
█.█%
██.██%
██.█%
▓▓▓▓▓▓▓▓▓▓
██.██%
██.█%
█.██%
▓▓▓▓▓▓▓▓▓▓▓▓
██.█%
█.██%
██%
▓▓▓▓▓▓▓▓▓▓▓
█.██%
██%
█.█%
▓▓▓▓▓▓▓▓▓▓▓▓▓
██%
█.█%
██.██%
▓▓▓▓▓▓▓▓▓▓
█.█%
██.██%
██.█%

Ultimate Beneficial Owner

NameOwnershipCountrySince
▓▓▓▓▓▓▓▓▓▓▓▓
█.██%
██%
█.█%
▓▓▓▓▓▓▓▓▓▓▓
██%
█.█%
██.██%
▓▓▓▓▓▓▓▓▓▓▓▓▓
█.█%
██.██%
██.█%
▓▓▓▓▓▓▓▓▓▓
██.██%
██.█%
█.██%
▓▓▓▓▓▓▓▓▓▓▓▓
██.█%
█.██%
██%
▓▓▓▓▓▓▓▓▓▓▓
█.██%
██%
█.█%
▓▓▓▓▓▓▓▓▓▓▓▓▓
██%
█.█%
██.██%
▓▓▓▓▓▓▓▓▓▓
█.█%
██.██%
██.█%

Geography

Headquarters

64 Aughrim Road

Magherafelt

BT45 6JY

Financials

Key figures from annual accounts filings.

Convert to

2018

Total assets: £517.9K

Key figures

Total assets

2018£517,851
2019£494,361
2020£501,020
2021£550,527
2022£659,971
2023£677,287
2024£702,680

Net Assets Liabilities

2018£517,851
2019£494,361
2020£501,020
2021£550,527
2022£659,971
2023£677,287
2024£702,680

Equity

2018£517,851
2019£494,361
2020£501,020
2021£550,527
2022£659,971
2023£677,287
2024£702,680

Current Assets

2018£142,560
2019£138,079
2020£144,492
2021£256,173
2022£146,949
2023£147,711
2024£264,461

Net Current Assets Liabilities

2018£116,493
2019£73,392
2020£16,953
2021£111,380
2022£48,674
2023£70,579
2024£93,240

Total Assets Less Current Liabilities

2018£517,851
2019£499,361
2020£502,687
2021£600,527
2022£705,614
2023£708,938
2024£718,934

Cash Bank On Hand

2018£38,657
2019£25,759
2020£73,663
2021£153,661
2022£32,471
2023£65,347
2024£177,760

Debtors

2018£70,066
2019£77,214
2020£39,775
2021£72,566
2022£78,538
2023£44,606
2024£59,951

Other Debtors

2018£36,290
2019£19,916
2020£4,563
2021£17,274
2022£25,400
2023£-3,500
2024£-3,500

Creditors

2018£26,067
2019£64,687
2020£1,667
2021£50,000
2022£45,643
2023£31,651
2024£171,221

Trade Creditors Trade Payables

2018£16,694
2019£9,188
2020£6,981
2021£45,860
2022£17,810
2023£34,407
2024£32,171

Other Creditors

2018£5,000
2019£5,000
2020£1,667
2021£11,024
2022£11,024
2023£5,337
2024—

Average Number Employees During Period

20184
20194
20204
20214
20224
20236
20245

Accrued Liabilities

2018—
2019—
2020—
2021—
2022—
2023£2,420
2024£2,420

Accumulated Amortisation Impairment Intangible Assets

2018£20,118
2019£20,118
2020£20,118
2021£20,118
2022£20,118
2023£20,118
2024£20,118

Accumulated Depreciation Impairment Property Plant Equipment

2018£129,306
2019£146,541
2020£165,816
2021£191,931
2022£212,513
2023£229,486
2024£242,956

Additions Other Than Through Business Combinations Property Plant Equipment

2018—
2019—
2020—
2021—
2022—
2023£4,309
2024£737

Advances Credits Directors

2018£636
2019£49,643
2020£109,291
2021£81,808
2022£33,224
2023—
2024—

Advances Credits Made In Period Directors

2018£49,007
2019£49,007
2020£59,648
2021£27,483
2022£48,584
2023—
2024—

Bank Borrowings

2018—
2019—
2020—
2021—
2022—
2023£25,964
2024£16,254

Bank Borrowings Overdrafts

2018—
2019—
2020£50,000
2021£50,000
2022£34,619
2023£9,936
2024£9,936

Corporation Tax Payable

2018£6,405
2019£5,658
2020£5,658
2021£14,890
2022£27,944
2023—
2024—

Depreciation Rate Used For Property Plant Equipment

2018£0
2019£0
2020£0
2021£0
2022£0
2023—
2024—

Finance Lease Liabilities Present Value Total

2018—
2019—
2020—
2021—
2022—
2023£5,687
2024—

Fixed Assets

2018£401,358
2019£425,969
2020£485,734
2021£489,147
2022£656,940
2023—
2024—

Increase From Depreciation Charge For Year Property Plant Equipment

2018£21,631
2019£17,235
2020£19,275
2021£26,115
2022£20,582
2023£16,974
2024£13,470

Intangible Assets Gross Cost

2018£20,118
2019£20,118
2020£20,118
2021£20,118
2022£20,118
2023£20,118
2024£20,118

Loans From Directors

2018—
2019—
2020—
2021—
2022—
2023£33,628
2024£103,750

Other Taxation Social Security Payable

2018£332
2019£523
2020£276
2021£235
2022£544
2023—
2024—

Prepayments Accrued Income

2018—
2019—
2020—
2021—
2022—
2023£2,400
2024£2,400

Property Plant Equipment

2018£401,358
2019£425,969
2020£485,734
2021£489,147
2022£656,940
2023£638,359
2024£625,694

Property Plant Equipment Gross Cost

2018£555,275
2019£632,275
2020£654,963
2021£848,871
2022£850,871
2023£855,180
2024£855,917

Recoverable Value-added Tax

2018—
2019—
2020—
2021—
2022—
2023£5,432
2024£5,834

Taxation Social Security Payable

2018—
2019—
2020—
2021—
2022—
2023£1,852
2024£18,846

Total Additions Including From Business Combinations Property Plant Equipment

2018—
2019—
2020—
2021£193,908
2022£2,000
2023—
2024—

Total Inventories

2018£33,837
2019£35,106
2020£31,054
2021£29,946
2022£35,940
2023£37,758
2024£26,750

Trade Debtors Trade Receivables

2018£33,776
2019£57,298
2020£35,212
2021£55,292
2022£53,138
2023£40,274
2024£55,217

Value-added Tax Payable

2018—
2019—
2020—
2021—
2022—
2023£-10,448
2024£4,098
Metric2018201920202021202220232024
Total assets£517,851£494,361£501,020£550,527£659,971£677,287£702,680
Net Assets Liabilities£517,851£494,361£501,020£550,527£659,971£677,287£702,680
Equity£517,851£494,361£501,020£550,527£659,971£677,287£702,680
Current Assets£142,560£138,079£144,492£256,173£146,949£147,711£264,461
Net Current Assets Liabilities£116,493£73,392£16,953£111,380£48,674£70,579£93,240
Total Assets Less Current Liabilities£517,851£499,361£502,687£600,527£705,614£708,938£718,934
Cash Bank On Hand£38,657£25,759£73,663£153,661£32,471£65,347£177,760
Debtors£70,066£77,214£39,775£72,566£78,538£44,606£59,951
Other Debtors£36,290£19,916£4,563£17,274£25,400£-3,500£-3,500
Creditors£26,067£64,687£1,667£50,000£45,643£31,651£171,221
Trade Creditors Trade Payables£16,694£9,188£6,981£45,860£17,810£34,407£32,171
Other Creditors£5,000£5,000£1,667£11,024£11,024£5,337—
Average Number Employees During Period4444465
Accrued Liabilities—————£2,420£2,420
Accumulated Amortisation Impairment Intangible Assets£20,118£20,118£20,118£20,118£20,118£20,118£20,118
Accumulated Depreciation Impairment Property Plant Equipment£129,306£146,541£165,816£191,931£212,513£229,486£242,956
Additions Other Than Through Business Combinations Property Plant Equipment—————£4,309£737
Advances Credits Directors£636£49,643£109,291£81,808£33,224——
Advances Credits Made In Period Directors£49,007£49,007£59,648£27,483£48,584——
Bank Borrowings—————£25,964£16,254
Bank Borrowings Overdrafts——£50,000£50,000£34,619£9,936£9,936
Corporation Tax Payable£6,405£5,658£5,658£14,890£27,944——
Depreciation Rate Used For Property Plant Equipment£0£0£0£0£0——
Finance Lease Liabilities Present Value Total—————£5,687—
Fixed Assets£401,358£425,969£485,734£489,147£656,940——
Increase From Depreciation Charge For Year Property Plant Equipment£21,631£17,235£19,275£26,115£20,582£16,974£13,470
Intangible Assets Gross Cost£20,118£20,118£20,118£20,118£20,118£20,118£20,118
Loans From Directors—————£33,628£103,750
Other Taxation Social Security Payable£332£523£276£235£544——
Prepayments Accrued Income—————£2,400£2,400
Property Plant Equipment£401,358£425,969£485,734£489,147£656,940£638,359£625,694
Property Plant Equipment Gross Cost£555,275£632,275£654,963£848,871£850,871£855,180£855,917
Recoverable Value-added Tax—————£5,432£5,834
Taxation Social Security Payable—————£1,852£18,846
Total Additions Including From Business Combinations Property Plant Equipment———£193,908£2,000——
Total Inventories£33,837£35,106£31,054£29,946£35,940£37,758£26,750
Trade Debtors Trade Receivables£33,776£57,298£35,212£55,292£53,138£40,274£55,217
Value-added Tax Payable—————£-10,448£4,098

Documents

Annual Accounts

Accounts for the accounting period ending on: 31/12/2024

Filed: 31/12/2024

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2023

Filed: 31/12/2023

View

Document AI

Coming soon

Companexia Document AI

Ask questions about filings and extracts—our AI will read the documents and answer in context.

Annual Accounts

Accounts for the accounting period ending on: 31/12/2022

Filed: 31/12/2022

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2021

Filed: 31/12/2021

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2020

Filed: 31/12/2020

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2019

Filed: 31/12/2019

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2018

Filed: 31/12/2018

View

Browse more companies & persons

🇮🇪KILDALE LIMITED🇮🇪BRAMBURY LIMITED🇮🇪AVONMOUNT LIMITED🇬🇧Mr Angus Hugh Milner-BrownCAROL GARABEDIAN OSUSANA AVETISYAN
+5.2%
YoY net current assets (2023 vs 2024)YoY net current assets
+32.1%
Net current assets (2024)Net current assets
£93,240

Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Growth

YoY total assets (2018 vs 2019)
-4.5%
YoY net current assets (2018 vs 2019)
-37%
YoY total assets (2019 vs 2020)
+1.3%
YoY net current assets (2019 vs 2020)
-76.9%
YoY total assets (2020 vs 2021)
+9.9%
  2. –
  3. –
  4. –VEMAC ENGINEERING LTD
YoY net current assets (2020 vs 2021)
+557%
YoY total assets (2021 vs 2022)
+19.9%
YoY net current assets (2021 vs 2022)
-56.3%
YoY total assets (2022 vs 2023)
+2.6%
YoY net current assets (2022 vs 2023)
+45%
YoY total assets (2023 vs 2024)
+3.7%
YoY net current assets (2023 vs 2024)
+32.1%
CAGR total assets (2018–2024)
+5.2%

Working capital & liquidity

Net current assets (2018)
£116,493
Net current assets (2019)
£73,392
Net current assets (2020)
£16,953
Net current assets (2021)
£111,380
Net current assets (2022)
£48,674
Net current assets (2023)
£70,579
Net current assets (2024)
£93,240

Capital structure

Equity ratio (2018)
100%
Equity ratio (2019)
100%
Equity ratio (2020)
100%
Equity ratio (2021)
100%
Equity ratio (2022)
100%
Equity ratio (2023)
100%
Equity ratio (2024)
100%
Home
United Kingdom
Magherafelt