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Ifs Ultimo Ltd

11265696

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

BOURNE HOUSE LOTUS PARK, STAINES-UPON-THAMES, TW18 3AG
Incorporated 20/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Ifs Ultimo Group B.V.

director · Since 01/01/2024

Mr Steven James Elsham

director · Since 12/05/2025

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 56

Sophia-Anne Woollen

director · Since 29/08/2025

SOLICITOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Mr William James Lorkin

director · Since 20/11/2025

BRITISH · ENGLAND · Age 52

Also on 1 other board

CompanyRankvs 35605+ SIC 62012 peers
39

Financial strength0th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

-£3.1M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

-£8.5M

Working capital

Current Assets

£1.9M

Current Liabilities

£10.4M

Fixed Assets

£5.4M

Debtors

£189k

11avg. employees+1
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£1.6M
20230.04-£919k
20210.37

Derived from filed accounts. Not audited figures.