IFS GLOBAL LOGISTICS LTD Financials
- Company number
- NI008228CopyCopy
- Registered office
- Ifs Logistics Park, Seven Mile Straight, Antrim BT41 4QE
- Incorporated
- 27/04/1971
Company snapshot
- Status
- Active
- Employees
- 72 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
29.37%vs 20232023: £1.55M
Total Assets
6.32%vs 20232023: £3.93M
Cash in Bank
31.44%vs 20232023: £809.70K
Total Liabilities
-9.55%vs 20232023: £2.12M
Employees
0vs 20232023: 72
In 2024, IFS GLOBAL LOGISTICS LTD reported net assets of £2.01M. The same filing shows total assets of £4.18M, cash in bank of £1.06M and total liabilities of £1.92M. Reported headcount was 72 in 2024. Net Assets rose from £1.55M in 2023 to £2.01M in 2024 (29.37%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
29.37%from £1.55M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures IFS GLOBAL LOGISTICS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-14.9%vs 2022-7.8% a year compound (CAGR)
Cash in Bank
-11.9%vs 2022-6.1% a year compound (CAGR)
Total Assets
-21.7%vs 2022-11.5% a year compound (CAGR)
Total Liabilities
-32%vs 2022-17.6% a year compound (CAGR)
Employees
-20%vs 2022-18Biggest decrease
Total Liabilities-32%
£2.82M in 2022 to £1.92M in 2024
Every indicator Okredo holds for IFS GLOBAL LOGISTICS LTD fell between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, cash in bank, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from IFS GLOBAL LOGISTICS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 47.98%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 45.89%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 55.45%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 25.45%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £121.93K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for IFS GLOBAL LOGISTICS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 2.36M | 1.55M | 2.01M |
| Total Assets£ | 5.34M | 3.93M | 4.18M |
| Cash in Bank£ | 1.21M | 809.70K | 1.06M |
| Total Liabilities£ | 2.82M | 2.12M | 1.92M |
| Employees | 90 | 72 | 72 |
IFS GLOBAL LOGISTICS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for IFS GLOBAL LOGISTICS LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
IFS GLOBAL LOGISTICS LTD reported net assets of £2.01M for 2024. That compares with £1.55M in 2023, a change of 29.37%.
IFS GLOBAL LOGISTICS LTD reported total assets of £4.18M for 2024. That compares with £3.93M in 2023, a change of 6.32%.
IFS GLOBAL LOGISTICS LTD reported cash in bank of £1.06M for 2024. That compares with £809.70K in 2023, a change of 31.44%.
IFS GLOBAL LOGISTICS LTD reported 72 employees in 2024, compared with 72 in 2023.
Between 2022 and 2024, IFS GLOBAL LOGISTICS LTD's net assets fell by 14.9%, cash in bank fell by 11.9%, total assets fell by 21.7% and total liabilities fell by 32%. Net assets contracted at 7.8% a year across the two years to 2024, from £2.36M to £2.01M. Reported headcount went from 90 in 2022 to 72 in 2024 (-18).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.