Back to search

Independent Forgings & Alloys Limited

04122236

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

VICTORIA FORGE, SHEFFIELD, S6 2BL
Incorporated 11/12/2000

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/12/2025

Due 25/12/2026

On track

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy

Officers

Andrew Mcguinness

director · Since 16/02/2001

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr David Mathias Stinnett

director · Since 06/02/2025

PARTNER

AMERICAN · UNITED STATES · Age 43

Also on 4 other boards

Mr Gareth Davies

director · Since 20/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr Craig Malcolm Syson

director · Since 20/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr David William Gaines

director · Since 01/02/2026

AMERICAN · UNITED STATES · Age 29

Also on 2 other boards

Persons with Significant Control

Ifa Metals International Limited

75–100% shares

Victoria Forge, Livesey Street, Sheffield, S6 2BL

Reg: 07729847 · England & Wales · Limited Company

Notified 30/06/2016

Charges6 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 07/06/2022Registered 09/06/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED ACTING IN IT'S CAPACITY AS SECURITY TRUSTEE FOR AND ON BEHALF

Created 26/11/2019Registered 03/12/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 22/08/2014Registered 26/08/2014Satisfied 14/05/2024
charge
outstanding

BARCLAYS BANK PLC

Created 16/09/2011Registered 27/09/2011
charge
satisfied

MR MARTIN BURNHAM (THE SECURITY AGENT

Created 16/09/2011Registered 21/09/2011Satisfied 29/11/2017
charge
satisfied

BARCLAYS BANK PLC

Created 13/04/2011Registered 20/04/2011Satisfied 18/10/2016
charge
satisfied

SOUTH YORKSHIRE INVESTMENT FUND LP ACTING BY ITS GENERAL PARTNER, YVF (GP) DEVELOPMENT LTD

Created 30/09/2010Registered 14/10/2010Satisfied 04/04/2012
charge
outstanding

BARCLAYS BANK PLC

Created 18/05/2010Registered 22/05/2010
charge
satisfied

BARCLAYS BANK PLC

Created 14/05/2009Registered 21/05/2009Satisfied 18/10/2016
charge
satisfied

BARCLAYS BANK PLC

Created 04/02/2009Registered 06/02/2009Satisfied 18/10/2016
charge
satisfied

BARCLAYS BANK PLC

Created 30/01/2009Registered 04/02/2009Satisfied 18/10/2016
charge
satisfied

GE HELLER LIMITED

Created 29/03/2007Registered 12/04/2007Satisfied 26/06/2010
charge
satisfied

BARCLAYS BANK PLC

Created 30/04/2004Registered 06/05/2004Satisfied 18/10/2016
charge
satisfied

SOUTH YORKSHIRE INVESTMENT DEVELOPMENT FUND

Created 08/03/2004Registered 10/03/2004Satisfied 04/04/2012
charge
outstanding

BARCLAYS BANK PLC

Created 13/02/2004Registered 24/02/2004
charge
outstanding

BARCLAYS BANK PLC

Created 13/02/2004Registered 24/02/2004
charge
satisfied

THE CO-OPERATIVE BANK P.L.C.

Created 12/03/2001Registered 15/03/2001Satisfied 18/02/2004
charge
satisfied

NMB-HELLER LIMITED

Created 12/03/2001Registered 15/03/2001Satisfied 26/06/2010
charge
satisfied

YORKSHIRE ENTERPRISE FINANCE LIMITED

Created 12/03/2001Registered 15/03/2001Satisfied 20/07/2006
charge
satisfied

TRENWICK INTERNATIONAL LIMITED

Created 12/03/2001Registered 15/03/2001Satisfied 18/02/2004

CompanyRankvs 88+ SIC 25500 peers
59

Financial strength99th percentile among SIC peers · 25/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Optima Stainless Limited
90
2Ben Bennett Jr Limited
89
3Coverworld Uk Limited
89
4Anglo Metal Forming Limited
89
5Phoenix Steel Limited
89
6Stroud Metal Company Limited
88
7Chapmans Agricultural Limited
88
8H.V. Wooding Limited
88
9Brooks Forgings Limited
88
10Con Mech Durham 2 Limited
88
88Independent Forgings & Alloys Limited
75
How is this score calculated?
Financial strength25/25 pts

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

Employees8/15 pts

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

Liquidity16/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£25.6M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£6.6M

Bottom line earnings

Net Current Assets

£18.5M

Working capital

Current Assets

£41.9M

Current Liabilities

£23.4M

Fixed Assets

£5k

Debtors

£16.7M

Admin Expenses

£5.8M

Profit After Tax

£5.5M

3avg. employees-251

Tax at Year End

Corp tax£1.3M
Dividends paid£1.9M

People Costs

Wages & salaries£11.7M

Balance Sheet

Bank loans & overdrafts£0
Assets less current liabilities£27.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.79+£4.0M
20241.89+£5.9M
20231.97+£1.2M
20222.77+£1.3M
20212.98-£106k
20202.25—

Derived from filed accounts. Not audited figures.