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IRELAND FREIGHT SERVICES (U.K.) LIMITED Financials

Company number
NI008586Copy
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Registered office
Ifs Logistics Park, Seven Mile Straight, Antrim BT41 4QE
Incorporated
23/02/1972

Company snapshot

Status
Active
Employees
79 (2024)
Latest financial data
2024
Accounts type
Group

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£3.31M2024
-2.58%vs 2023

2023: £3.40M

Total Assets

£6.23M2024
-1.12%vs 2023

2023: £6.30M

Cash in Bank

£2.24M2024
-12.81%vs 2023

2023: £2.57M

Total Liabilities

£2.89M2024
0.83%vs 2023

2023: £2.87M

Employees

792024
+1vs 2023

2023: 78

In 2024, IRELAND FREIGHT SERVICES (U.K.) LIMITED reported net assets of £3.31M. The same filing shows total assets of £6.23M, cash in bank of £2.24M and total liabilities of £2.89M. Reported headcount was 79 in 2024. Cash in Bank fell from £2.57M in 2023 to £2.24M in 2024 (-12.81%). Okredo holds filed figures for 2021–2024; 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

£3.31M2024
-2.58%from £3.40M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures IRELAND FREIGHT SERVICES (U.K.) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£2.91M2022£3.31M2024
+13.8%vs 2022

+6.7% a year compound (CAGR)

Cash in Bank

£2.30M2022£2.24M2024
-2.5%vs 2022

-1.3% a year compound (CAGR)

Total Assets

£5.73M2022£6.23M2024
+8.7%vs 2022

+4.3% a year compound (CAGR)

Total Liabilities

£2.78M2022£2.89M2024
+3.9%vs 2022

+1.9% a year compound (CAGR)

Employees

862022792024
-8.1%vs 2022-7

Biggest increase

Net Assets+13.8%

£2.91M in 2022 to £3.31M in 2024

Biggest decrease

Employees-8.1%

86 in 2022 to 79 in 2024

IRELAND FREIGHT SERVICES (U.K.) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IRELAND FREIGHT SERVICES (U.K.) LIMITED'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
53.24%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
46.47%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
77.33%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
35.94%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for IRELAND FREIGHT SERVICES (U.K.) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£2.28M2.91M3.40M3.31M
Total Assets£2.58M5.73M6.30M6.23M
Cash in Bank£1.15M2.30M2.57M2.24M
Total Liabilities£289.79K2.78M2.87M2.89M
Employees4867879

IRELAND FREIGHT SERVICES (U.K.) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has IRELAND FREIGHT SERVICES (U.K.) LIMITED filed financial statements?

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Yes. Okredo holds filed figures for IRELAND FREIGHT SERVICES (U.K.) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did IRELAND FREIGHT SERVICES (U.K.) LIMITED report in 2024?

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IRELAND FREIGHT SERVICES (U.K.) LIMITED reported net assets of £3.31M for 2024. That compares with £3.40M in 2023, a change of -2.58%.

What total assets did IRELAND FREIGHT SERVICES (U.K.) LIMITED report in 2024?

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IRELAND FREIGHT SERVICES (U.K.) LIMITED reported total assets of £6.23M for 2024. That compares with £6.30M in 2023, a change of -1.12%.

What cash in bank did IRELAND FREIGHT SERVICES (U.K.) LIMITED report in 2024?

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IRELAND FREIGHT SERVICES (U.K.) LIMITED reported cash in bank of £2.24M for 2024. That compares with £2.57M in 2023, a change of -12.81%.

How many people does IRELAND FREIGHT SERVICES (U.K.) LIMITED employ?

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IRELAND FREIGHT SERVICES (U.K.) LIMITED reported 79 employees in 2024, compared with 78 in 2023.

How have IRELAND FREIGHT SERVICES (U.K.) LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, IRELAND FREIGHT SERVICES (U.K.) LIMITED's net assets rose by 13.8%, cash in bank fell by 2.5%, total assets rose by 8.7% and total liabilities rose by 3.9%. Net assets compounded at 6.7% a year across the two years to 2024, from £2.91M to £3.31M. Reported headcount went from 86 in 2022 to 79 in 2024 (-7).

Which years of IRELAND FREIGHT SERVICES (U.K.) LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.