Ift Wealth Management Ltd in Halifax, HX2 0TQ

Description

Data updated on: 01-11-2023

Ift Wealth Management Ltd with Companies House Reg No. 07325816 has been operating on the market for 14 years. This particular Private Limited Company is officially located at Spring Lea, Ovenden Wood Road, Halifax and its postal code is HX2 0TQ. This business's registered with SIC code 64999 which means Financial intermediation not elsewhere classified. Ift Wealth Management Limited filed its latest accounts for the financial year up to Friday 31st March 2023. The latest annual confirmation statement was released on Thursday 11th May 2023.

According to this particular firm's executives list, since February 2023 there have been three directors: Gary H., Tobias T. and Laurence T.. Moreover, the director's duties are aided with by a secretary - Tamsin T., who was chosen by this specific firm in 2020.

Laurence T. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	131 872	179 800	263 307	263 905	265 225

Balance Sheet
Cash Bank In Hand	87	73	4 611	939	3 543
Cash Bank On Hand					3 543	5 223	7 937	7 992	62 690	149 696	193 284	140 977
Current Assets	184 362	230 090	346 837	323 480	292 241	281 291	271 338	231 663	128 701	261 553	342 359	280 145
Debtors				1 155	823	558	230		66 011	111 857	149 075	139 168
Net Assets Liabilities					265 225	254 542	244 180	226 749	262 249	442 383	727 962	734 023
Net Assets Liabilities Including Pension Asset Liability		179 800	263 307	263 905	265 225
Other Debtors						558	230		66 011	111 857	149 075	139 168
Property Plant Equipment									3 268	6 957	3 587	1 130

Capital & Reserves
Called Up Share Capital	240	240	240	242	242
Profit Loss Account Reserve	131 632	179 560	263 067	262 665	263 985
Shareholder Funds	131 872	179 800	263 307	263 905	265 225

Other Financial Data
Accrued Liabilities						1 513	1 602
Average Number Employees During Period					3	3	1	1	4	6	6	5
Bank Borrowings					12 094	8 063	3 593
Bank Borrowings Overdrafts						3 967	3 593
Corporation Tax Payable						5 181	4 786
Creditors					8 224	3 967	27 158	4 914	1 546 494	1 327 144	944 595	699 292
Creditors Due After One Year			15 904	12 194	8 224
Creditors Due Within One Year	52 490	50 290	67 626	47 381	18 792
Current Asset Investments	184 275	230 017	342 226	321 386	287 875	275 510	263 171	223 671
Dividends Paid						31 135
Net Current Assets Liabilities	131 872	179 800	279 211	276 099	273 449	258 509	244 180	226 749	-1 417 793	-1 065 591	-602 236	-419 147
Number Shares Allotted		10	10	2	2
Number Shares Issued Fully Paid						2
Other Creditors							18 779	2 065	1 499 222	1 188 528	797 425	600 273
Other Current Asset Investments Balance Sheet Subtotal						275 510	263 171	223 671
Other Taxation Social Security Payable							4 786	2 849	47 272	138 616	147 170	99 019
Par Value Share		1	1	1	1	1
Prepayments Accrued Income							230
Profit Loss						20 452
Secured Debts			19 229	15 905	12 094
Share Capital Allotted Called Up Paid	10	10	10	2	2
Share Premium Account				998	998
Total Assets Less Current Liabilities	131 872	179 800	279 211	276 099	273 449	258 509	244 180	226 749	262 558	443 449	728 434	734 066
Accumulated Amortisation Impairment Intangible Assets									72 917	247 917	422 917	597 917
Accumulated Depreciation Impairment Property Plant Equipment									1 167	4 536	7 906	10 363
Fixed Assets									1 680 351	1 509 040	1 330 670	1 153 213
Increase From Amortisation Charge For Year Intangible Assets									72 917	175 000	175 000	175 000
Increase From Depreciation Charge For Year Property Plant Equipment									1 167	3 369	3 370	2 457
Intangible Assets									1 677 083	1 502 083	1 327 083	1 152 083
Intangible Assets Gross Cost									1 750 000	1 750 000	1 750 000
Property Plant Equipment Gross Cost									4 435	11 493	11 493
Provisions For Liabilities Balance Sheet Subtotal									309	1 066	472	43
Total Additions Including From Business Combinations Intangible Assets									1 750 000
Total Additions Including From Business Combinations Property Plant Equipment									4 435	7 058