XEINADIN NI LIMITED
Company number NI616452 · Monitor this company
Executive summary
XEINADIN NI LIMITED represents a classic case of a local Northern Irish accountancy practice (formerly K Magill) that has been absorbed by a major consolidator, reflecting the broader "buy-and-build" trend dominating the UK accounting sector. While the firm has demonstrated strong cash generation and efficient debtor collection, its standalone balance sheet shows a significant erosion of net assets and high leverage, likely driven by intercompany restructuring following the Xeinadin acquisition. Moving forward, its competitive positioning will rely less on standalone financial metrics and more on its successful integration into the Xeinadin network's broader advisory ecosystem.
Shareholders' funds
£42,616
Balance sheet as at 2023-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-01-23
- Employees
- 16 (2023 accounts)
- Registered office
- 2 Church Street, Ballygawley, Dungannon, County Tyrone, BT70 2HB
- Postcode
- BT70 2HB
- Capital
- 120 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-05-31
- Next due by
- 2027-02-28
- Financial year end
- 31 May
Confirmation statement
- Last statement dated
- 2026-07-29
- Next due by
- 2027-08-12
Nature of business (SIC)
- 69201 Accounting and auditing activities
Officers 3 current · 4 resigned
Group structure 1 subsidiary
Controlled by XEINADIN GROUP LIMITED — since 2024-04-02
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| K MAGILL AND CO LTD | 2025-06-03 |
| MAGILL CATHERS LIMITED | 2020-03-10 |
| K MAGILL AND CO LTD | 2020-02-13 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 2 WHITEBRIDGE ROAD, BALLYGAWLEY, DUNGANNON, CO TYRONE, BT70 2JH, NORTHERN IRELAND | 2013-12-05 |
At this address
Among the biggest employers
of 388 similar companies in BT, with 16 staff.
Competitors Belfast
-
2. HWPTC LTD
This company ranks 219 among accounting and auditing activities in Belfast.
The class of 2013
41%
of the 3,681 companies in this sector incorporated in 2013 are still active today; 56% have since been dissolved.
A fact about the year, not a forecast for this company.