IFAST GLOBAL BANK LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  +19.1%

  £330,938,000 → £394,036,000

• Net assets

  +24%

  £77,347,000 → £95,877,000

• Employees

  +29.3%

  133 → 172

• Profit before tax

  +175.4%

  -£2,460,000 → £1,854,000

• Wages

  +17.1%

  £5,848,000 → £6,850,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. IFAST GLOBAL BANK LIMITED 2022-03-31 → present
2. BFC BANK LIMITED 2016-10-11 → 2022-03-31
3. BFC EXCHANGE LIMITED 2013-02-22 → 2016-10-11
4. EZREMIT LIMITED 2003-06-13 → 2013-02-22

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the directors are not aware of any other material uncertainties that may cast significant doubt upon the Bank's ability to continue as a going concern and therefore have a reasonable expectation that the Bank has adequate resources to continue in operational existence for the foreseeable future.”

Significant events

• “For the first time since acquisition in March 2022, the Bank achieved profitability across all four quarters of the financial year, delivering a Profit After Tax of £3.43 million.”
• “Customer deposits increased materially during the year, approaching £1 billion, while total assets exceeded £1 billion.”
• “During the year the Bank expanded its business model in a measured and controlled manner through the launch of Commercial Banking and the establishment of a dedicated Lending Division.”
• “Relaunch in 2025 comprising two subdivisions, Transaction Banking (TB) and Commercial Banking (CB).”
• “In Q1 2026 the Bank became a direct member of BACS, further enabling customers with UK payment facilities.”
• “During the year the Bank issued Additional Tier 1 capital of £15m (SGD26m) in the year increasing the total equity of the Bank increased to in the year.”
• “At the reporting date, the Group had contractual commitments of £550,000 (2024: £ nil) in respect of capital expenditure relating to leasehold improvements for office refurbishment assets under construction at 31 December 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.