FORGIE LIMAVADY LIMITED
Company number NI043932 · Monitor this company
Executive summary
Forgie Limavady Limited has achieved an extraordinary balance sheet turnaround from insolvency to £411k net assets, driven by disciplined deleveraging and profitable trading in premium agricultural machinery franchises. The strategic pivot toward renewable energy production represents a logical adjacency but introduces execution risk for a two-person organization lacking the capacity and capital structure typically required for energy infrastructure development. The company's next inflection point depends on whether it invests its accumulated equity in scaling operations—or remains a conservatively managed, asset-light family business with unrealized potential.
Shareholders' funds
£411,226
Balance sheet as at 2025-03-31
What it does
The principal activity of the company is production of renewable energy
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2002-08-20
- Employees
- 2 (2025 accounts)
- Registered office
- 16 Seacoast Road, Limavady, BT49 9DW
- Postcode
- BT49 9DW
- Capital
- 100 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-08-20
- Next due by
- 2027-09-03
Nature of business (SIC)
- 46610 Wholesale of agricultural machinery, equipment and supplies
Officers 3 current · 1 resigned
Contact details
- Website
- forgie.com
- Phone
- 02877722375, 02892677736
Welcome to DA Forgie Limavady & Lisburn Agricultural -Construction machinery dealer. Suppliers of Kubota Agriculture, Excavators & Groundcare, Honda Lawnmowers, Ifor Williams Trailers (.Merlo Telehandlers.
Previous company names
| Name | Date changed |
|---|---|
| D.A. FORGIE LTD | 2013-10-10 |
Among its peers
Among the oldest 25%
of 134 similar companies in BT, trading since 2002
Competitors Belfast
-
3. DDIECI LTD.
-
5. DA FORGIE
This company ranks 32 among wholesale of agricultural machinery, equipment and supplies in Belfast.
The class of 2002
39%
of the 122,927 companies incorporated in 2002 are still active today; 58% have since been dissolved.
A fact about the year, not a forecast for this company.