Lagan Machinery Sales Ltd

Reference number: 821721

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When laganmachinery.com first appeared online, and whether it can receive email
  • What kind of line 028 3753 0488 is
  • Who else gives the postcode BT60 3ES
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FCA permissions and consumer protection

  • Lend or arrange credit · Hire out goods to consumers No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (4 permissions)
  • Credit Broking
  • Debt Adjusting
  • Entering into Regulated Consumer Hire Agreements as owner
  • Exercising or having the right to exercise the owner's rights and duties under a regulated consumer hire agreement

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
NI651712
Company status
Active
Company type
Private limited company
Incorporated
15 March 2018 (8 years old)
Registered office
42 Lagan Road, Keady, Armagh, BT60 3ES, Northern Ireland
Nature of business
  • Wholesale of agricultural machinery, equipment and supplies (SIC 46610)

Directors and company secretaries

Name Role Born Appointed Other companies
John Leer Director Feb 1974 15 Mar 2018 1 other company

Other companies run by its director

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other company
1
still active
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£335k

+9.9% from £305k

Cash at bank

£25.4k

−68% from £79.8k

Employees (average)

1

Same as 1

Owed within a year

£225k

−21% from £284k

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2021 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company NI651712. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Lagan Machinery Sales’s history from the FCA register and Companies House, newest first.

Key events (4) All events (7)

2018

12 November 2018

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

15 March 2018

  • Incorporated at Companies House
  • John Leer took control (75–100% of shares)

Companies House

In the full report: all 7 events

  • All 7 events in its history (4 shown here)
  • Every director appointment and resignation: 1
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Firms like Lagan Machinery Sales

Other firms of the same type (credit broker), nearest first.

In Armagh

Adrian QuinnArmaghAuthorisedDalzells of MarkethillArmaghAuthorisedGeorge Ian IrwinArmaghAuthorisedJason ShevlinArmaghAuthorisedJeffrey Richard MackeyArmaghAuthorisedNiall Kennedy ChapmanArmaghAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Lagan Machinery Sales

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 1 other company its directors have run, named
  • 3 background checks on its contact details
  • 5 years of accounts, charted
  • All 7 events in its history

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Frequently asked questions about this firm

Is Lagan Machinery Sales Ltd FCA authorised?
Yes, Lagan Machinery Sales Ltd (FRN 821721) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since November 2018 and works as a credit broker. The FCA has placed no limits on its permissions.
What is Lagan Machinery Sales’ phone number and website?
The FCA register lists the phone number 028 3753 0488 and the website laganmachinery.com for Lagan Machinery Sales. If you were given different contact details, use these to check with the firm before going any further.
Is Lagan Machinery Sales a scam or clone?
Lagan Machinery Sales is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Lagan Machinery Sales?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Lagan Machinery Sales handles your money, so check the specific product before you commit. You can also refer complaints about Lagan Machinery Sales to the Financial Ombudsman Service, free of charge.
Who owns Lagan Machinery Sales?
Companies House lists one person with significant control of Lagan Machinery Sales: Mr John Leer (75–100% of shares).
Who runs Lagan Machinery Sales?
Companies House lists one director of Lagan Machinery Sales: John Leer.
How long has Lagan Machinery Sales been in business?
The company was formed on 15 March 2018, and has held its current FCA authorisation since November 2018.
What do Lagan Machinery Sales’ latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £335k (+9.9% from £305k) and cash at bank of £25.4k (−68% from £79.8k).

Sources and links

The full report on Lagan Machinery Sales Ltd

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