Iftin Express Limited
05860963
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/09/2024
unaudited abridged
Next accounts due
30/06/2026
Confirmation statement
Last: 28/06/2025
Due 12/07/2026
Industry
Officers
Persons with Significant Control
Mr Haybe Abdirizak Hersi
British · United Kingdom · Age 54
38 Hudson, Near Acre, London, NW9 5YL
Notified 06/04/2016
CompanyRankvs 1623+ SIC 64999 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s
Key FinancialsYear ending 30/09/2025
Net Worth
£31k
Balance sheet strength
Cash
£16k
Cash in the bank
Net Current Assets
£31k
Working capital
Current Assets
£51k
Current Liabilities
£20k
Debtors
£35k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.51 | -£35k |
| 2024 | 1.40 | -£14k |
| 2023 | 1.57 | — |
Derived from filed accounts. Not audited figures.