IFX (UK) LTD
Company number 05422718 · Monitor this company
Executive summary
IFX (UK) Ltd presents a fundamentally viable business with growing profitability, FCA regulatory standing, and a proprietary technology platform driving client acquisition. However, the EMI business model inherently concentrates risk in client fund management, and the observed decline in operating profit despite revenue growth requires investigation. The concentrated ownership structure under Mr. Harborne and recent board turnover add governance considerations. Overall risk is assessed as MEDIUM, with particular attention warranted on margin sustainability and safeguarding compliance.
Shareholders' funds
£20,277,732
Balance sheet as at 2024-04-30
What it does
The Parent Company and the Group’s principal activity continues to be the provision of tailored foreign exchange services, payments and multi-currency accounts, primarily to small and medium sized companies. The Group has an overseas branch in Poland.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2005-04-12
- Employees
- 166 (2024 accounts · was 116 in 2023)
- Registered office
- The Carter, 11 Pilgrim Street, London, England, EC4V 6RN
- Postcode
- EC4V 6RN
- Capital
- 502 GBP
- Accounts category
- Group
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-04-29
- Next due by
- 2027-05-13
Nature of business (SIC)
- 62012 Business and domestic software development
- 64999 Financial intermediation not elsewhere classified
Officers 3 current · 15 resigned
Group structure 5 subsidiaries
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Previous registered addresses 7
| Address | Changed on |
|---|---|
| 11 BAKER STREET, LONDON, W1U 3AH, ENGLAND | 2018-06-22 |
| 50 BERKELEY STREET, LONDON, W1J 8HA, ENGLAND | 2017-08-15 |
| 20 BALDERTON STREET, LONDON, W1K 6TL | 2016-08-02 |
| 52 BROOK STREET, LONDON, W1K 5DS, UNITED KINGDOM | 2013-06-04 |
| 54 BROOK STREET, LONDON, W1K 5DS, UNITED KINGDOM | 2010-07-27 |
| SHARDELOES FARM CHERRY LANE, AMERSHAM, BUCKS, HP7 0QF | 2010-06-01 |
| 84 BROOK STREET, MAYFAIR, LONDON, W1K 5EH | 2008-04-22 |
Among its peers
Top 5%
by shareholders' funds, of 4,112 similar companies in EC
Among the biggest employers among its local peers (166 staff).
Among the oldest 25% of its local peers, trading since 2005.
Competitors London
-
5. CIRATA LTD
This company ranks 42 among business and domestic software development in London.
The class of 2005
46%
of the 989 companies in this sector incorporated in 2005 are still active today; 51% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2023-08-25
- Where
- Buckinghamshire
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| BM469311 | Buckinghamshire | Leasehold | 2023-08-25 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.
This company's registered activities are in financial services. If it carries on regulated business, it should appear on the FCA's Financial Services Register — the official record of authorised firms.