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Ift Prod Limited

12685515

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

23 LETCHWORTH STREET, LONDON, SW17 8SX
Incorporated 20/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46160
Agents involved in the sale of textiles, clothing, fur, footwear and leather goods
47630
Retail sale of music and video recordings in specialised stores
90030
Artistic creation

Officers

Mr Sirikanth Varatharaj

director · Since 20/06/2020

ACCOUNTANT

BRITISH · ENGLAND · Age 28

Also on 4 other boards

Persons with Significant Control

Mr Boston Edwinselan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 30

66, Albert Road, Mitcham, CR4 4AH

Notified 20/06/2020

Mr Sirikanth Varatharaj

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

British · England · Age 28

23, Letchworth Street, London, SW17 8SX

Notified 20/06/2020

Former PSCs

Mr Ashvin Palakrishnan

Ceased 31/10/2024

CompanyRankvs 1786+ SIC 46160 peers
52

Financial strength56th percentile among SIC peers · 14/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees5/15 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.

Longevity6/15 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 27/09/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£7k

Current Liabilities

£6k

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.19-£737
20231.30
20221.03
20211.01

Derived from filed accounts. Not audited figures.