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Ifs Currency Limited

09132196

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

IFS CURRENCY LIMITED, ROMFORD, RM7 7HL
Incorporated 15/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Md Iftekhar Uddin Khan

director · Since 15/07/2014

BUSINESS

BRITISH · ENGLAND · Age 64

Mr Salaqur Rahman

director · Since 15/07/2014

BUSINESS

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Salaqur Rahman

secretary · Since 20/02/2015

Also on 2 other boards

Persons with Significant Control

Mr Salaqur Rahman

50–75% shares

British · United Kingdom · Age 54

First Floor, Unit 4 Stanton Gate, Romford, RM7 7HL

Notified 12/07/2016

CompanyRankvs 4215+ SIC 64999 peers
73

Financial strength65th percentile among SIC peers · 16/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 11.26× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees10/15 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.

Longevity12/15 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 30/07/2024

Net Worth

£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£19k

Current Liabilities

£2k

Fixed Assets

£5k

2avg. employees

Balance Sheet

Assets less current liabilities£23k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202411.26+£2k
20234.80-£1k
20225.13+£2k
202120.72+£2k
2020-£5k
2019-£6k
20189.89

Derived from filed accounts. Not audited figures.