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Ifg Developments Ltd

08182193

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

1315 NEATH ROAD, SWANSEA, SA1 2LF
Incorporated 16/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Leon Reza Esfahani

director · Since 16/08/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 11 other boards

Persons with Significant Control

Mr Leon Reza Esfahani

75–100% shares
75–100% votes

British · United Kingdom · Age 44

1315, Neath Road, Swansea, SA1 2LF

Notified 30/06/2016

Charges2 outstanding

Charge
satisfied

PROPLEND SECURITY LIMITED

Created 08/06/2021Registered 09/06/2021Satisfied 14/01/2026
Charge
satisfied

PROPLEND SECURITY LIMITED

Created 08/06/2021Registered 09/06/2021Satisfied 14/01/2026
Charge
satisfied

LLOYDS BANK PLC

Created 06/03/2020Registered 09/03/2020Satisfied 27/05/2021
Charge
outstanding

LLOYDS BANK PLC

Created 06/03/2020Registered 09/03/2020
Charge
outstanding

LLOYDS BANK PLC

Created 06/03/2020Registered 09/03/2020
Charge
satisfied

ASSETZ CAPITAL TRUST COMPANY LIMITED

Created 21/06/2019Registered 25/06/2019Satisfied 14/01/2026
Charge
satisfied

HSBC BANK PLC

Created 28/03/2018Registered 28/03/2018Satisfied 11/03/2020
Charge
satisfied

HSBC BANK PLC

Created 02/02/2017Registered 03/02/2017Satisfied 11/03/2020
Charge
satisfied

HSBC BANK PLC

Created 20/10/2016Registered 21/10/2016Satisfied 11/03/2020

CompanyRankvs 7182+ SIC 98000 peers
69

Financial strength100th percentile among SIC peers · 25/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees13/15 pts

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

Liquidity12/20 pts

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

Longevity14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£167k

Current Liabilities

£139k

Fixed Assets

£2.1M

Debtors

£101k

Profit After Tax

£289k

1avg. employees-1

Tax at Year End

Corp tax£67k
Dividends paid£20k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20+£201k
20231.58+£269k
20220.87+£33k
20210.86+£67k
20200.24+£325k
20190.08+£81k
20180.49

Derived from filed accounts. Not audited figures.