IFG DRAKE LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2026-06-13 (in 1mo)
Last made up 2025-05-30
Watchouts
None on the register
Cash
£2M
+61,133.3% vs 2024
Net assets
£8M
+15.3% vs 2024
Employees
54
-16.9% vs 2024
Profit before tax
£1M
+150.5% vs 2024
Name history
Renamed 2 times since incorporation
- IFG DRAKE LIMITED 2015-04-23 → present
- DRAKE EXTRUSION LIMITED 2000-03-23 → 2015-04-23
- PLASTICISERS LIMITED 1945-05-15 → 2000-03-23
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | £19,921,000 | £18,680,000 | |
| Operating profit | £371,000 | £1,333,000 | |
| Profit before tax | £549,000 | £1,375,000 | |
| Net profit | £407,000 | £1,046,000 | |
| Cash | £3,000 | £1,837,000 | |
| Total assets less current liabilities | £7,285,000 | £8,259,000 | |
| Net assets | £6,829,000 | £7,874,000 | |
| Equity | £6,829,000 | £7,874,000 | |
| Average employees | 65 | 54 | |
| Wages | £2,647,000 | £2,490,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 1.9% | 7.1% | |
| Net margin | 2.0% | 5.6% | |
| Return on capital employed | 5.1% | 16.1% | |
| Gearing (liabilities / total assets) | 29.9% | 21.7% | |
| Current ratio | 3.16x | 4.50x | |
| Interest cover | 92.75x | 333.25x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- BHP LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has prepared forecasts for the future trading which show a reasonable profit. The Company continues to monitor and control all costs and are satisfied that the Company will continue as a going concern. The Directors have produced forecasts which demonstrate that the business will maintain positive liquidity for a period of at least 12 months from the date of signing these financial statements.”
Significant events
- “On 20th December 2024 Duroc AB announced a strategic refocusing of the business which will include the long-term aim of a full or partial divestment of the division of the group of which the UK Company is a part.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 48 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DERUYTTERE, Bernard Bruno | Director | 2021-09-16 | Jan 1976 | Belgian |
| O'NEIL, Stephen | Director | 2016-05-01 | Nov 1961 | British |
| TALSMA, Caroline Gunilla | Director | 2026-04-16 | Feb 1967 | Swedish |
| VON ESSEN, Nils Erik Gustaf | Director | 2026-04-16 | Apr 1989 | Swedish |
Show 48 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVENPORT, Kathryn Anne | Secretary | 2010-10-01 | 2022-01-04 |
| FIRTH, Martin Henry | Secretary | 1994-12-09 | 1995-03-01 |
| GRALEY, Christopher Michael | Secretary | 2009-03-27 | 2010-09-30 |
| HUNT, Graham | Secretary | 1996-12-02 | 2000-09-30 |
| PARKINSON, John Lindsay | Secretary | 2000-10-01 | 2001-09-30 |
| RILEY, John David | Secretary | 1995-03-01 | 1996-12-02 |
| SUTCLIFFE, John Michael | Secretary | — | 1994-12-09 |
| THOMPSON, Allan Lee | Secretary | 2001-09-30 | 2007-04-18 |
| WEATHERSTONE, Andrew Paul | Secretary | 2007-04-18 | 2010-09-30 |
| BAILEY, Keith | Director | 1991-10-01 | 2000-09-30 |
| BERGENDORFF, Carl Gunnar Magnus | Director | 2017-09-01 | 2018-02-26 |
| DAVENPORT, Kathryn Anne | Director | 2012-02-01 | 2014-07-29 |
| DODMAN, Alan Victor | Director | — | 1991-07-19 |
| ELLIS, David Geoffrey | Director | — | 2008-11-21 |
| FIRTH, Colin | Director | — | 1995-03-02 |
| FIRTH, Martin Henry | Director | — | 1995-06-30 |
| GRALEY, Christopher Michael | Director | 2008-03-20 | 2008-04-03 |
| GYLLENHAMMAR, Peter Jan Patrik Valentin | Director | 2015-06-22 | 2017-09-01 |
| GYLLENHAMMAR, Peter Jan Patrik Valentin | Director | 2010-10-01 | 2014-08-19 |
| HAGER, John Olof | Director | 2017-02-15 | 2021-09-16 |
| HEDLUND, Johan Tomas | Director | 2021-09-16 | 2026-04-16 |
| HEILBORN, Anna Carina | Director | 2015-06-22 | 2017-02-15 |
| HOLMES, Stephanie Joanne | Director | 2025-03-31 | 2026-04-20 |
| HOLMES, Stephanie Joanne | Director | 2012-02-01 | 2014-07-29 |
| HOLMSTROM, Jan Gustaf Lennart | Director | 2012-11-27 | 2014-08-19 |
| HORSFIELD, Sheila Diane | Director | 2008-03-20 | 2008-04-03 |
| HUNT, Graham | Director | 1996-12-02 | 2000-09-30 |
| JOHNSON, Richard Brereton | Director | 2001-01-25 | 2002-03-15 |
| LECKIE, Brian | Director | 2006-06-12 | 2007-03-30 |
| LECKIE, Brian | Director | 1995-03-01 | 1998-02-12 |
| LEITCH, Joseph Ian | Director | 1995-08-01 | 2000-04-01 |
| LINSNER, Craig | Director | 2009-03-27 | 2011-11-17 |
| NEWTON, Stephanie Joanne | Director | 2008-03-20 | 2008-04-03 |
| PARKINSON, John Lindsay | Director | 2000-03-17 | 2001-09-30 |
| PEARSON, Richard Dowling | Director | 2007-08-17 | 2014-08-26 |
| PORTEOUS, Colin | Director | 2000-04-03 | 2016-12-31 |
| RILEY, John David | Director | 1995-03-01 | 1996-12-02 |
| RILEY, Julie | Director | 2012-02-01 | 2014-08-19 |
| ROSTRON, Geoffrey | Director | 2012-09-03 | 2018-10-31 |
| RUTEGARD, Lars John | Director | 2013-08-01 | 2015-06-22 |
| SHAW, Clive Michael | Director | — | 1997-01-02 |
| STARK, Graham Robertson | Director | 1996-10-01 | 2000-02-29 |
| SUTCLIFFE, John Michael | Director | — | 1994-12-09 |
| THOMPSON, Allan Lee | Director | 1998-02-12 | 2007-04-18 |
| THORNTON, Geoffrey Wilson | Director | — | 1993-05-31 |
| WEATHERSTONE, Andrew Paul | Director | 2009-03-27 | 2010-09-30 |
| WILLIAMS, Andrew John | Director | 2009-03-27 | 2011-11-11 |
| WILLIAMS, Andrew John | Director | 2008-03-20 | 2008-04-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Duroc Ab | Corporate entity | Shares 75–100% | 2017-02-15 | Active |
| Mr Peter Jan Patrik Valentin Gyllenhammar | Individual | Significant influence | 2016-04-06 | Active |
| International Fibres Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
| International Fibres Group (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
| International Fibres Group Ab | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
| Bronsstadet Ab | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
| Peter Gyllenhammar Ab | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 226 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-22 | AA | accounts | Accounts with accounts type full | |
| 2025-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-28 | AA | accounts | Accounts with accounts type full | |
| 2024-09-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-09-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-09-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-09-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-15 | AA | accounts | Accounts with accounts type full | |
| 2023-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- 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.
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
-6.2%
£19,921,000 £18,680,000
-
Cash
+61,133.3%
£3,000 £1,837,000
-
Net assets
+15.3%
£6,829,000 £7,874,000
-
Employees
-16.9%
65 54
-
Operating profit
+259.3%
£371,000 £1,333,000
-
Profit before tax
+150.5%
£549,000 £1,375,000
-
Wages
-5.9%
£2,647,000 £2,490,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers