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Ifab Services Ltd

11200868

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

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

141 STEPHENSON DRIVE, LEICESTER, LE3 9AE
Incorporated 12/02/2018

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/02/2026

Due 25/02/2027

On track

Industry

68209
Other letting and operating of own or leased real estate
71121
Engineering design activities for industrial process and production

Officers

Mrs Nafisat Olaitan Balogun

secretary · Since 12/02/2018

Mr Adebayo Yakub Balogun

director · Since 12/02/2018

ENGINEER

BRITISH · ENGLAND · Age 39

Also on 1 other board

Persons with Significant Control

Mr Adebayo Yakub Balogun

50–75% shares
50–75% votes
Appoint directors

British · England · Age 39

141, Stephenson Drive, Leicester, LE3 9AE

Notified 12/02/2018

CompanyRankvs 119422+ SIC 68209 peers
53

Financial strength49th percentile among SIC peers · 12/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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119422Ifab Services Ltd
49
How is this score calculated?
Financial strength12/25 pts

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

Employees12/15 pts

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

Liquidity6/20 pts

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

Longevity8/15 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 31/03/2025

Net Worth

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£586

Working capital

Current Assets

£37k

Current Liabilities

£38k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98-£2k
20241.03-£6k
20231.19-£559
20221.26+£90
20211.19+£8k
20201.01—
20191.01—

Derived from filed accounts. Not audited figures.