IGF BUSINESS CREDIT LIMITED
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Cash
—
Latest balance sheet
Net assets
£58m
Equity attributable
Employees
—
Average over period
Profit before tax
-£616k
Period ending 2024-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
1-year trend · vs Financials median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £29,807,000 | — | |
| Operating profit | £15,353,000 | — | |
| Profit before tax | -£616,000 | — | |
| Net profit | -£462,000 | — | |
| Cash | — | — | |
| Total assets less current liabilities | £58,443,000 | — | |
| Net assets | £58,443,000 | — | |
| Equity | — | — | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 |
|---|---|---|
| Operating margin | 51.5% | |
| Net margin | -1.5% | |
| Return on capital employed | 26.3% | |
| Gearing (liabilities / total assets) | 74.1% | |
| Current ratio | 1.35x | |
| Interest cover | 0.96x |
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.
Name history
Renamed 1 time since incorporation
- IGF BUSINESS CREDIT LIMITED 2016-07-06 → present
- LINCOLN TRADECO LIMITED 2016-03-22 → 2016-07-06
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which assumes that the Company can continue to meet its liabilities as they fall due.”
Significant events
- “Subsequent to the Balance Sheet date, on 26 August 2026 the Company and Group finalised an agreement with its lenders to extend the maturity date of its Senior bank funding facility to ensure that we can execute of the next stage of our growth plan.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHAIT, Steven Jonathan | Director | 2023-09-27 | Feb 1965 | British |
| EDMEADES, Paul | Director | 2017-03-20 | Jan 1969 | British |
| FLETCHER, Michael Ross | Director | 2019-09-16 | Jun 1985 | British |
| HEY, Andrew David | Director | 2019-09-16 | Nov 1970 | British |
| HUGHES, Jonathan Mark Henry | Director | 2016-04-11 | Dec 1965 | British |
| JACOBS, Simon Paul | Director | 2016-11-11 | Apr 1966 | British |
| KEECH, Oliver | Director | 2023-06-22 | Jan 1977 | British |
| MILLAR, William James | Director | 2022-06-08 | Mar 1963 | British |
| MOORE, Stephen Michael | Director | 2019-08-27 | May 1962 | British |
| SPIELBICHLER, Richard | Director | 2016-08-12 | Jun 1968 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Alan Derek | Director | 2016-08-12 | 2018-05-14 |
| AUSTIN, Alan John | Director | 2016-08-12 | 2017-03-01 |
| GOULD, Jamie | Director | 2017-05-09 | 2017-08-07 |
| GREENFIELD, Jeffrey | Director | 2016-10-05 | 2021-05-18 |
| HENNESSY, Maxine Mercedes | Director | 2016-11-28 | 2018-09-14 |
| LEE, Barry Robert | Director | 2016-08-12 | 2017-01-11 |
| LINDSAY, Mark John | Director | 2017-03-20 | 2018-06-13 |
| NELSON, John Michael Stuart | Director | 2016-04-11 | 2018-02-09 |
| ONSLOW, John Peter | Director | 2016-03-22 | 2025-03-31 |
| PRICE, Nicholas John | Director | 2017-03-20 | 2019-07-31 |
| SHEPHERD, Matthew James | Director | 2020-10-09 | 2021-03-30 |
| SMITH, Matthew David | Director | 2017-03-20 | 2020-05-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Igf Group Services Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-11 | Active |
Filing timeline
Last 20 of 78 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type full | |
| 2026-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-14 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-08-29 | AA | accounts | Accounts with accounts type full | |
| 2025-06-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-22 | AA | accounts | Accounts with accounts type full | |
| 2024-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-18 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.