HAGAN HOMES LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. HAGAN HOMES LIMITED 2000-01-01 → present
2. HAGAN & SIMPSON DEVELOPMENTS LTD 1988-07-01 → 2000-01-01

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Stevenson & Wilson

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Group structure

1. HAGAN HOMES LIMITED · parent
   1. Tolvin Contractors Limited 100% · Northern Ireland · residential property development

Significant events

• “The company has demonstrated significant growth and resilience during the financial year, underpinned by a robust demand for high-quality residential housing in Northern Ireland.”
• “The directors are pleased with the increase in turnover, reporting a 23.4% growth compared to the previous year.”
• “Operating margin remains healthy, sitting at approximately 13.8%.”
• “The Northern Ireland housing market continues to face a structural undersupply of new homes. The company is well-positioned to address this gap, with a strong land bank and several projects currently in the planning or early construction phases.”
• “The key risks to the business remain the same; namely changes in housing demand, competition for development land, the availability of mortgage finance for buyers and fluctuations in material and labour prices.”
• “With increasing regulation, delays in planning processes and issues over infrastructure, particularly water connections, the operating environment becomes increasingly burdensome.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.