I.F.S. CHEMICALS LIMITED - 2017-05-12
20590 - Manufacture Of Other Chemical Products N.e.c.
Par Value of Share
Class 1 ordinary share
12023-01-01 ~ 2023-12-31
Class 2 ordinary share
12023-01-01 ~ 2023-12-31
Turnover/Revenue
20,645,184 GBP2023-01-01 ~ 2023-12-31
25,953,775 GBP2022-01-01 ~ 2022-12-31
Cost of Sales
-16,630,075 GBP2023-01-01 ~ 2023-12-31
-23,328,317 GBP2022-01-01 ~ 2022-12-31
Gross Profit/Loss
4,015,109 GBP2023-01-01 ~ 2023-12-31
2,625,458 GBP2022-01-01 ~ 2022-12-31
Administrative Expenses
-2,608,185 GBP2023-01-01 ~ 2023-12-31
-3,844,932 GBP2022-01-01 ~ 2022-12-31
Operating Profit/Loss
1,406,924 GBP2023-01-01 ~ 2023-12-31
-1,219,474 GBP2022-01-01 ~ 2022-12-31
Other Interest Receivable/Similar Income (Finance Income)
339,232 GBP2023-01-01 ~ 2023-12-31
67,739 GBP2022-01-01 ~ 2022-12-31
Profit/Loss on Ordinary Activities Before Tax
1,746,156 GBP2023-01-01 ~ 2023-12-31
-1,151,735 GBP2022-01-01 ~ 2022-12-31
Profit/Loss
1,713,826 GBP2023-01-01 ~ 2023-12-31
-1,165,405 GBP2022-01-01 ~ 2022-12-31
Equity
Retained earnings (accumulated losses)
12,280,066 GBP2023-12-31
10,566,240 GBP2022-12-31
11,731,645 GBP2021-12-31
Intangible Assets
11,174 GBP2023-12-31
21,434 GBP2022-12-31
Property, Plant & Equipment
2,908,910 GBP2023-12-31
2,835,342 GBP2022-12-31
Fixed Assets
2,920,084 GBP2023-12-31
2,856,776 GBP2022-12-31
Total Inventories
2,651,264 GBP2023-12-31
2,482,004 GBP2022-12-31
Debtors
2,940,582 GBP2023-12-31
3,780,154 GBP2022-12-31
Cash at bank and in hand
6,865,400 GBP2023-12-31
7,628,909 GBP2022-12-31
Current Assets
12,457,246 GBP2023-12-31
13,891,067 GBP2022-12-31
Net Current Assets/Liabilities
9,775,162 GBP2023-12-31
8,092,314 GBP2022-12-31
Total Assets Less Current Liabilities
12,695,246 GBP2023-12-31
10,949,090 GBP2022-12-31
Net Assets/Liabilities
12,585,746 GBP2023-12-31
10,871,920 GBP2022-12-31
Equity
Called up share capital
305,680 GBP2023-12-31
305,680 GBP2022-12-31
Equity
12,585,746 GBP2023-12-31
10,871,920 GBP2022-12-31
Wages/Salaries
1,241,251 GBP2023-01-01 ~ 2023-12-31
1,192,038 GBP2022-01-01 ~ 2022-12-31
Social Security Costs
132,737 GBP2023-01-01 ~ 2023-12-31
137,569 GBP2022-01-01 ~ 2022-12-31
Pension & Other Post-employment Benefit Costs/Other Pension Costs
24,659 GBP2023-01-01 ~ 2023-12-31
25,670 GBP2022-01-01 ~ 2022-12-31
Staff Costs/Employee Benefits Expense
1,398,647 GBP2023-01-01 ~ 2023-12-31
1,355,277 GBP2022-01-01 ~ 2022-12-31
Average Number of Employees
302023-01-01 ~ 2023-12-31
332022-01-01 ~ 2022-12-31
Property, Plant & Equipment - Depreciation Expense
Owned assets
137,000 GBP2023-01-01 ~ 2023-12-31
138,138 GBP2022-01-01 ~ 2022-12-31
Audit Fees/Expenses
12,000 GBP2023-01-01 ~ 2023-12-31
10,000 GBP2022-01-01 ~ 2022-12-31
Tax Expense/Credit at Applicable Tax Rate
436,539 GBP2023-01-01 ~ 2023-12-31
-218,830 GBP2022-01-01 ~ 2022-12-31
Intangible Assets - Gross Cost
Net goodwill
300,000 GBP2022-12-31
Computer software
65,590 GBP2022-12-31
Intangible Assets - Gross Cost
365,590 GBP2022-12-31
Intangible Assets - Accumulated Amortisation & Impairment
Net goodwill
300,000 GBP2023-12-31
300,000 GBP2022-12-31
Intangible Assets - Accumulated Amortisation & Impairment
354,416 GBP2023-12-31
344,156 GBP2022-12-31
Intangible Assets - Increase From Amortisation Charge for Year
10,260 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Gross Cost
Land and buildings
2,272,442 GBP2023-12-31
2,272,442 GBP2022-12-31
Plant and equipment
1,538,689 GBP2023-12-31
1,326,996 GBP2022-12-31
Furniture and fittings
532,491 GBP2023-12-31
532,747 GBP2022-12-31
Property, Plant & Equipment - Disposals
Furniture and fittings
-256 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Land and buildings
244,861 GBP2023-12-31
194,300 GBP2022-12-31
Plant and equipment
900,913 GBP2023-12-31
870,715 GBP2022-12-31
Furniture and fittings
306,673 GBP2023-12-31
267,065 GBP2022-12-31
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Land and buildings
50,561 GBP2023-01-01 ~ 2023-12-31
Plant and equipment
30,198 GBP2023-01-01 ~ 2023-12-31
Furniture and fittings
39,702 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Decrease in depreciation and impairment related to disposals
Furniture and fittings
-94 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment
Land and buildings
2,027,581 GBP2023-12-31
2,078,142 GBP2022-12-31
Plant and equipment
637,776 GBP2023-12-31
456,281 GBP2022-12-31
Furniture and fittings
225,818 GBP2023-12-31
265,682 GBP2022-12-31
Property, Plant & Equipment - Gross Cost
Motor vehicles
32,782 GBP2023-12-31
32,782 GBP2022-12-31
Computers
44,386 GBP2023-12-31
47,401 GBP2022-12-31
Property, Plant & Equipment - Gross Cost
4,420,790 GBP2023-12-31
4,212,368 GBP2022-12-31
Property, Plant & Equipment - Disposals
Computers
-3,015 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Disposals
-3,271 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Motor vehicles
20,918 GBP2023-12-31
12,723 GBP2022-12-31
Computers
38,515 GBP2023-12-31
32,223 GBP2022-12-31
Property, Plant & Equipment - Accumulated Depreciation & Impairment
1,511,880 GBP2023-12-31
1,377,026 GBP2022-12-31
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Motor vehicles
8,195 GBP2023-01-01 ~ 2023-12-31
Computers
8,344 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Increase From Depreciation Charge for Year
137,000 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Decrease in depreciation and impairment related to disposals
Computers
-2,052 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Decrease in depreciation and impairment related to disposals
-2,146 GBP2023-01-01 ~ 2023-12-31
Property, Plant & Equipment
Motor vehicles
11,864 GBP2023-12-31
20,059 GBP2022-12-31
Computers
5,871 GBP2023-12-31
15,178 GBP2022-12-31
Raw Materials
2,122,084 GBP2023-12-31
1,709,007 GBP2022-12-31
Value of work in progress
11,279 GBP2023-12-31
8,936 GBP2022-12-31
Finished Goods
517,901 GBP2023-12-31
764,061 GBP2022-12-31
Trade Debtors/Trade Receivables
Current
2,722,088 GBP2023-12-31
3,659,062 GBP2022-12-31
Other Debtors
Current
16 GBP2023-12-31
Amount of corporation tax that is recoverable
Current
199,591 GBP2023-12-31
199,591 GBP2022-12-31
Prepayments/Accrued Income
Current
92,490 GBP2023-12-31
37,740 GBP2022-12-31
Debtors
Amounts falling due within one year, Current
2,940,582 GBP2023-12-31
3,780,154 GBP2022-12-31
Trade Creditors/Trade Payables
Current
378,352 GBP2023-12-31
608,702 GBP2022-12-31
Amounts owed to group undertakings
Current
1,804,916 GBP2023-12-31
4,027,546 GBP2022-12-31
Other Creditors
Current
77,425 GBP2023-12-31
Accrued Liabilities
Current
263,839 GBP2023-12-31
973,253 GBP2022-12-31
Future Minimum Lease Payments Under Non-cancellable Operating Leases
Amounts falling due within one year
25,741 GBP2023-12-31
51,449 GBP2022-12-31
Between one and five year
33,215 GBP2023-12-31
44,430 GBP2022-12-31
All periods
58,956 GBP2023-12-31
95,879 GBP2022-12-31
Deferred Tax Liabilities
Accelerated tax depreciation
109,500 GBP2023-12-31
77,170 GBP2022-12-31
Amounts set aside to cover potential liabilities or losses
Deferred taxation
109,500 GBP2023-12-31
77,170 GBP2022-12-31
Number of Shares Issued (Fully Paid)
Class 1 ordinary share
300,000 shares2023-12-31
Class 2 ordinary share
5,680 shares2023-12-31
Profit/Loss
Retained earnings (accumulated losses)
1,713,826 GBP2023-01-01 ~ 2023-12-31