IRACROFT LIMITED
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Cash
£280k
-26.8% vs 2024
Net assets
£5.7m
-11.2% lowest in 3 filed years
Employees
220
-4.3% lowest in 3 filed years
Profit before tax
-£558k
-119.9% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £21,907,756 | £19,150,275 | £19,955,262 | +4.2% | |
| Operating profit | £385,427 | -£61,441 | -£350,312 | -470.2% | |
| Profit before tax | £252,546 | -£253,748 | -£558,033 | -119.9% | |
| Net profit | £177,134 | -£197,020 | -£445,238 | -126% | |
| Cash | £275,313 | £382,953 | £280,163 | -26.8% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £7,322,596 | £6,404,127 | £5,685,211 | -11.2% | |
| Equity | £7,322,596 | £6,404,127 | £5,685,211 | -11.2% | |
| Average employees | 258 | 230 | 220 | -4.3% | |
| Wages | £7,930,866 | £7,612,414 | £8,435,809 | +10.8% | |
| Directors' remuneration | £440,722 | £344,098 | £394,583 | +14.7% | |
| Directors' pension contributions | £37,270 | £35,930 | £27,275 | -24.1% | |
| Highest paid director | £110,581 | £126,225 | £129,616 | +2.7% |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 1.8% | -0.3% | -1.8% | |
| Net margin | 0.8% | -1.0% | -2.2% | |
| Gearing (liabilities / total assets) | 22.7% | 29.3% | 38.1% | |
| Current ratio | 1.12x | 0.99x | 0.84x | |
| Interest cover | 2.90x | -0.32x | -1.69x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have completed financial projections for the coming 12 months to May 2027 and are satisfied that the company will be able to meets its liabilities using its existing funding arrangements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LUVAGLIA, Paul Kynan | Secretary | 2026-03-31 | — | — |
| ELLIOTT, Marie-Louise | Director | 1996-06-01 | Jun 1957 | British |
| LUVAGLIA, Paul | Director | 2020-09-01 | Aug 1983 | British |
| MOORE, Wayne Kelvin Lawrence | Director | 2015-06-01 | Nov 1964 | British |
| MULLEN, Kieran | Director | 2015-12-01 | Aug 1981 | British |
| SIMMONDS, Angela Mary | Director | 1996-06-01 | Jan 1955 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAMFORD, Anne | Secretary | — | 1996-10-07 |
| WEBB, Alan | Secretary | 1996-10-07 | 2026-03-31 |
| BAMFORD, Anne | Director | — | 2004-06-01 |
| BAMFORD, David Charles | Director | — | 1995-12-30 |
| BAMFORD, Mark Joseph Cyril | Director | — | 1996-06-28 |
| COLLETT, Roy Arthur | Director | 1993-11-01 | 1994-12-05 |
| COLLEY, Darren | Director | 2020-02-03 | 2023-08-31 |
| EDWARDS, Michael James | Director | 1996-07-01 | 2005-02-02 |
| HARRISON, John Robert | Director | 1998-11-09 | 2015-04-02 |
| HOLMES, Ian | Director | 1998-05-20 | 2010-12-01 |
| LEWIS, Peter | Director | 2010-12-01 | 2015-05-11 |
| MORLEY, David Graham | Director | 1994-12-05 | 1997-03-21 |
| MORLEY, Samuel Keith | Director | — | 1996-06-10 |
| PARKER, Nicholas David | Director | 2014-09-15 | 2020-01-23 |
| PENDLE, Christopher | Director | 2025-01-01 | 2025-03-25 |
| WEBB, Alan | Director | 2005-02-02 | 2026-03-31 |
| WOWK, Julian | Director | 1997-05-07 | 1998-11-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Richard Causton | Individual | Shares 75–100% (as trust) | 2016-04-06 | Ceased 2018-06-14 |
| Mrs Angela Mary Simmonds | Individual | Shares 25–50%, Shares 75–100% (as trust) | 2016-04-06 | Active |
| Mrs Louise Elliott | Individual | Shares 25–50%, Shares 75–100% (as trust) | 2016-04-06 | Active |
Filing timeline
Last 20 of 174 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-17 | AA | accounts | Accounts with accounts type full | |
| 2026-04-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-07 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-20 | AA | accounts | Accounts with accounts type full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.