INTERNATIONAL BULLION AND METAL BROKERS (LONDON) LIMITED
Get an alert when INTERNATIONAL BULLION AND METAL BROKERS (LONDON) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2.6m
-36.2% vs 2025
Net assets
£31m
+13.6% highest in 3 filed years
Employees
53
+3.9% highest in 3 filed years
Profit before tax
£5.6m
+2% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £32,650,043 | £32,529,236 | £34,488,125 | +6% | |
| Operating profit | £3,848,449 | £5,254,750 | £5,437,194 | +3.5% | |
| Profit before tax | £3,990,717 | £5,467,238 | £5,575,859 | +2% | |
| Net profit | £2,975,495 | £4,082,928 | £4,154,404 | +1.8% | |
| Cash | £1,798,053 | £4,082,439 | £2,602,946 | -36.2% | |
| Total assets less current liabilities | £24,140,543 | £27,691,313 | £31,274,976 | +12.9% | |
| Net assets | £23,355,361 | £26,938,289 | £30,592,693 | +13.6% | |
| Equity | £23,355,361 | £26,938,289 | £30,592,693 | +13.6% | |
| Average employees | 50 | 51 | 53 | +3.9% | |
| Wages | £2,449,826 | £2,590,107 | £3,487,810 | +34.7% | |
| Directors' remuneration | £392,374 | £374,654 | £893,927 | +138.6% | |
| Highest paid director | £157,326 | £151,247 | £416,742 | +175.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 11.8% | 16.2% | 15.8% | |
| Net margin | 9.1% | 12.6% | 12.0% | |
| Return on capital employed | 15.9% | 19.0% | 17.4% | |
| Gearing (liabilities / total assets) | 11.5% | 9.0% | 7.9% | |
| Current ratio | 9.45x | 12.91x | 14.48x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- HGA Citrus Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Cashflow and profit projections are prepared and reviewed regularly and based on these the directors assess that the company will have sufficient funds and resources throughout the current year and beyond to meet its working capital requirements as they fall due. Accordingly, the directors continue to adopt the going concern basis of accounting in preparing these annual financial statements and view the future with confidence.”
Significant events
- “The company has provided bank guarantees which include guarantees in respect of the bank borrowings of associated companies at 31 March 2026 as follows: AYS Srl £200,000, HM Revenue & Customs (Vat bond) £60,000, Daisy Global Limited £150,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KOVACS, David Alex | Secretary | — | — | Australian |
| KOVACS, David Alex | Director | — | Oct 1961 | Australian |
| KOVACS, Frank | Director | — | Nov 1952 | Australian |
| KOVACS, Leslie | Director | 1994-07-01 | Dec 1957 | Australian |
| KOVACS, Stephen | Director | — | May 1951 | Australian |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KOVACS, Michael | Director | — | 2024-09-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Alex Kovacs | Individual | Significant influence | 2016-04-06 | Active |
| International Bullion & Metal Brokers Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
| Mr Frank Kovacs | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 131 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-13 | AA | accounts | Accounts with accounts type full | |
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-21 | AA | accounts | Accounts with accounts type full | |
| 2025-02-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-08 | AA | accounts | Accounts with accounts type full | |
| 2023-11-07 | CH01 | officers | Change person director company with change date | |
| 2023-11-07 | CH01 | officers | Change person director company with change date | |
| 2023-11-07 | CH01 | officers | Change person director company with change date | |
| 2023-11-07 | CH01 | officers | Change person director company with change date | |
| 2023-11-07 | CH03 | officers | Change person secretary company with change date | |
| 2023-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-25 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-15 | AA | accounts | Accounts with accounts type full | |
| 2021-10-19 | MR05 | mortgage | Mortgage charge whole release with charge number |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.