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Ifm Insurance Brokers Ltd

02680875

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1 GREAT TOWER STREET, LONDON, EC3R 5AA
Incorporated 24/01/1992

Compliance

Last accounts

31/10/2024

small

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/01/2026

Due 07/02/2027

On track

Industry

65120
Non-life insurance
66220
Activities of insurance agents and brokers

Officers

Mr Jitendra Patel

secretary · Since 04/05/2023

Mr Michael David Simon Edgeley

director · Since 04/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 70 other boards

Mr Timothy John Money

director · Since 04/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 74 other boards

Mr Philip John Williams

director · Since 04/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 45 other boards

Persons with Significant Control

Clear Group (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

1, Great Tower Street, London, EC3R 5AA

Reg: 04519291 · Companies House · Private Limited Company

Notified 28/02/2023

Former PSCs

Mr David Mark Barlow

Ceased 28/02/2023

Mr Darryl John Carpenter

Ceased 20/07/2020

Mr John Howard Leigh

Ceased 16/06/2017

Mr Alister Nicholas Smith

Ceased 28/02/2023

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 17/06/2002Registered 21/06/2002Satisfied 26/10/2022
charge
satisfied

NORWICH UNION MORTGAGE FINANCE LIMITED

Created 03/04/2000Registered 29/06/2000Satisfied 17/09/2002
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/02/1995Registered 11/03/1995Satisfied 26/10/2022

CompanyRankvs 320+ SIC 65120 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2023

Net Worth

£2.1M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.6M

Current Liabilities

£505k

Fixed Assets

£47k

Debtors

£1.6M

24avg. employees-5

Tax at Year End

Corp tax£138k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20235.16+£309k
20235.20+£383k
20224.01+£375k
20212.98-£696k
20204.45+£342k
20193.76

Derived from filed accounts. Not audited figures.