Northern Ireland Science Park Property Limited

ActiveNI038987Real estateIncorporated 25 Jul 2000 · Queen'S Island

The principal activity of Northern Ireland Science Park Property Limited is to manage the land and property assets of the Northern Ireland Science Park Foundation Limited in fulfilment of the Northern Ireland Science Park Foundation Limited's objectives and in accordance with the policies of Northern Ireland Science Park (Holdings) Limited. Northern Ireland Science Park Foundation Limited is the Parent Company of Northern Ireland Science Park (Holdings) Limited, which in turn is the Parent Company of Northern Ireland Science Park Property Limited and North West Regional Science Park Limited. The largest and smallest group in which the results of the Company are consolidated is that headed by Northern Ireland Science Park Foundation Limited, incorporated in Northern Ireland whose registered office is The Innovation Centre, Queen's Road, Queen's Island, Belfast, BT3 9DT. The consolidated financial statements of this group are available to the public and may be obtained from Companies House. Catalyst is the trading name of Northern Ireland Science Park Foundation Limited and subsidiary companies. Northern Ireland Science Park Property Limited has developed six buildings at its Belfast site, namely The Innovation Centre, The Legacy Building, White Star House and Concourse I, II & Ill, which together total 250,147 sq. ft., most of which has been let to a mixture of local and global high tech businesses on scales from single desk tenant to multinational tenant. The buildings provide agile connected work-space and event space, with space available from one desk to an entire building on flexible lease terms from one month upwards. In addition, Queen's University Belfast operates its Electronics, Communications and Information Technology Research Institute from the site. This Queen's University Belfast Research Institute, accommodates 150 research staff in four groups with the largest being the centre for cyber security. In order to provide support for the listed Pump-House and scheduled monument, the Thompson Dry Dock, the Company operates these features for tourism, schools' education and events. Titanic's Dock and Pump-House occupies a 7-acre scheduled monument site at Catalyst. The massive dry dock where RMS Titanic was fitted out remains as Titanic's physical footprint in history. The listed Pump-House accommodates a Visitor's Centre as well as an interpretive Centre for what was the largest dock and most powerful pumps in the world when completed in 1911 to construct the largest trio of ships - RMS Olympic, Titanic and Britannic. A range of catering options exists at the Park with facilities in The Innovation Centre, The Naut and Cafe Krem in ECIT. More detail on the real estate as well as future developments can be found in the Northern Ireland Science Park Foundation Limited consolidated financial statements.

Revenue

£3.2m

▼ -15.3% vs prior ~12m period

Profit after tax

-£318k

Margin 8.6%

Employees

0

— vs prior ~12m period

Net assets

£1.8m

Total assets £21.2m

Financial history

Revenue by accounting period

3 periods available · ▲ growth ▼ decline

Apr 2023
Not available
Mar 2024
£3.8m
Mar 2025
£3.2m▼ -15.3%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2025£3.2m▼ -15.3%-£348k0£1.8m
31 Mar 2024£3.8m—-£319k0£2.1m
1 Apr 2023————£2.4m

Latest available figures

Period ending 31 Mar 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£3.2m
Gross profit
£2.4m
Operating profit
£275k
Profit before tax
-£348k
Profit after tax
-£318k

Balance sheet

Total assets
£21.2m
Cash
£12k
Total liabilities
£19.4m
Net assets
£1.8m
Revenue per employee
Not available

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