INVESTMENT FUNDS DIRECT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-18 (in 2mo)
Last made up 2025-07-04
Watchouts
None on the register
Cash
£87M
+18.4% vs 2023
Net assets
£67M
-24% vs 2023
Employees
305
-10.8% vs 2023
Profit before tax
-£28M
+24.3% vs 2023
Name history
Renamed 1 time since incorporation
- INVESTMENT FUNDS DIRECT LIMITED 1999-11-03 → present
- STAFFORD HOUSE INVESTMENTS LIMITED 1982-02-02 → 1999-11-03
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £29,401,000 | £30,609,000 | |
| Operating profit | -£40,004,000 | -£32,017,000 | |
| Profit before tax | -£37,082,000 | -£28,072,000 | |
| Net profit | -£28,450,000 | -£21,079,000 | |
| Cash | £73,738,000 | £87,287,000 | |
| Total assets less current liabilities | £92,571,000 | £92,249,000 | |
| Net assets | £87,705,000 | £66,658,000 | |
| Equity | £87,705,000 | £66,658,000 | |
| Average employees | 342 | 305 | |
| Wages | £17,592,000 | £15,933,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -136.1% | -104.6% | |
| Net margin | -96.8% | -68.9% | |
| Return on capital employed | -43.2% | -34.7% | |
| Current ratio | 10.77x | 11.63x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the assessment described and the ongoing financial support provided by M&G Group Regulated Entity Holding Company Limited, which has committed to continue supporting the company for at least one year from the date of approval of these financial statements, the Directors have adopted the going concern basis of accounting in preparing the Company's financial statements for the year ended 31 December 2024.”
Group structure
- INVESTMENT FUNDS DIRECT LIMITED · parent
- Fundsdirect ISA Nominees Limited 100%
- IFDL Personal Pensions Limited 100%
- Fundsdirect Nominees Limited 100%
Significant events
- “In September 2024, M&G Pic announced that, as part of its business transformation efforts, it had conducted a strategic review of its Wealth business. Upon completion of this review, the Group concluded that its competitive position in the wealth market was not sufficiently robust to ensure profitable growth without additional resource commitments. Consequently, the Group has decided to rationalise its Wealth strategy and pursue an exit of the business as part of a broader focus on the Group's core business areas.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 67 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| M&G MANAGEMENT SERVICES LIMITED | Corporate Secretary | 2020-09-01 | — | — |
| BISCHLER, Thomas Frederic, Mr. | Director | 2021-02-26 | Aug 1985 | British |
| TANNEMAAT, Mariken Louise | Director | 2022-09-12 | Nov 1971 | Dutch |
| THOMPSON, Clare Eleanor | Director | 2021-03-26 | Nov 1954 | British |
Show 67 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRUCE, Charles | Secretary | 2000-11-30 | 2002-03-15 |
| CHAMPION, Mary Ann | Secretary | 2016-04-11 | 2016-07-15 |
| FOSTER, Geoffrey William | Secretary | — | 1996-11-28 |
| HASTINGS, Mark Patrick | Secretary | 2006-04-07 | 2016-04-11 |
| HORTON, Grace Fiona | Secretary | 1999-05-12 | 2000-06-14 |
| LEVY, Richard Alfred | Secretary | 2000-06-14 | 2000-11-30 |
| UNWIN, Nigel James | Secretary | 2005-09-30 | 2006-04-07 |
| WAKE, Jeremy Philip | Secretary | 1996-11-28 | 1999-11-05 |
| WINDRIDGE, Susan Doreen | Secretary | 2002-03-15 | 2005-10-04 |
| ROYAL LONDON MANAGEMENT SERVICES LIMITED | Corporate Secretary | 2016-07-15 | 2020-09-01 |
| BLACKWELL, Michael | Director | — | 1996-11-28 |
| BOOTHMAN, Clive Nicholas | Director | 2005-09-30 | 2014-12-31 |
| BOUSFIELD, Clare Jane | Director | 2020-09-01 | 2023-09-30 |
| BRATT, Simon John | Director | 2004-11-10 | 2005-06-30 |
| BRET, David Guy | Director | — | 1999-11-05 |
| BRIGGS, Andrew David | Director | 2004-03-23 | 2004-04-21 |
| BRUCE, Charles | Director | 2001-11-26 | 2002-03-15 |
| CARTER, Andrew | Director | 2008-02-06 | 2018-08-03 |
| CARTWRIGHT, Stacey Lee | Director | 2002-03-15 | 2003-09-26 |
| CLUTTERBUCK, Fiona Jane | Director | 2020-11-25 | 2022-01-17 |
| COMBE, Richard Tristram | Director | — | 1992-09-03 |
| COOPER, Paul David | Director | 2020-09-01 | 2022-01-17 |
| COURTNAY SMITH, Nicholas Andrew | Director | 2003-01-28 | 2004-02-26 |
| COURY, Malcolm Richard | Director | 2005-09-30 | 2010-02-24 |
| CROOKS, Louis Warden | Director | — | 1999-11-05 |
| DENNING, Richard Graham, Mr. | Director | 2021-05-19 | 2026-03-31 |
| DOYLE, David Colin | Director | 2003-12-16 | 2005-05-16 |
| EWING, Sean Patrick | Director | 1996-11-28 | 2005-05-12 |
| FINN, Jon | Director | 2010-06-22 | 2016-07-15 |
| FORDHAM, Michael Gerrard | Director | 2005-09-30 | 2008-12-19 |
| FOSSICK, William Gawne | Director | 1996-11-28 | 1998-03-31 |
| FOSTER, Geoffrey William | Director | — | 1996-11-28 |
| GOLDIE, Ron | Director | 2001-01-11 | 2001-11-19 |
| GOODALL, Richard Arthur | Director | 2009-03-25 | 2011-09-05 |
| GRAHAM, Tracey | Director | 2016-09-02 | 2020-09-01 |
| GRANT, Andrew James Murray | Director | 2013-06-07 | 2015-09-30 |
| GRATTON, Paul Robert | Director | 2002-03-15 | 2005-10-04 |
| HANLON, Duncan Anthony | Director | 2009-03-25 | 2009-06-30 |
| HARVEY, David John | Director | 2008-07-01 | 2010-01-29 |
| HASTINGS, Mark Patrick | Director | 2006-04-07 | 2016-07-15 |
| HAYES, Christine Mary | Director | 2002-03-15 | 2003-04-11 |
| HODGSON, William Thomas | Director | 2000-06-14 | 2002-02-28 |
| HOLLANDER, Stanley | Director | 2000-06-14 | 2001-01-11 |
| HUDD, David John | Director | 2008-02-06 | 2016-09-30 |
| IIUBE, Thomas Segun | Director | 2004-01-21 | 2004-11-22 |
| INGRAM, Patrick Daniel Williams | Director | 1999-05-12 | 2000-06-14 |
| JAMES, Richard | Director | 2008-02-25 | 2010-12-21 |
| JOHNSON, Heidi Elizabeth | Director | 2018-08-01 | 2020-07-14 |
| LANGTON, Isobel May | Director | 2017-02-28 | 2020-09-01 |
| LEWIS, Martin Pierce | Director | 2009-10-12 | 2012-11-22 |
| MACKAY, John Sebastian | Director | 2000-06-14 | 2001-11-19 |
| MACMILLAN, David Roy | Director | 2020-09-01 | 2022-09-30 |
| MCCOURT, James | Director | 2018-06-27 | 2019-04-01 |
| MORROW, Michael David George | Director | 2012-02-13 | 2015-04-28 |
| MURRAY, Neil | Director | 2009-10-12 | 2015-10-31 |
| NANCARROW, Mark James St John | Director | 2002-03-15 | 2005-10-04 |
| OWENS, Jennifer Anne | Director | 2020-09-01 | 2022-11-30 |
| REGAN, Robert Andrew | Director | 2018-03-13 | 2020-12-31 |
| SHONE, Stephen | Director | 2008-02-25 | 2009-04-30 |
| TAYLOR, Jonathan Paul, Dr | Director | 2015-01-02 | 2018-05-30 |
| THOMSON, Roddy, Mr. | Director | 2020-09-01 | 2021-04-27 |
| THORMAN, Hugo Pelham | Director | 2005-09-30 | 2015-06-30 |
| TREACHER, Jonathan Page | Director | 1999-12-01 | 2000-06-14 |
| UNWIN, Nigel James | Director | 2005-09-30 | 2008-04-21 |
| WAKE, Jeremy Philip | Director | — | 1999-11-05 |
| WILLIAMS, Robert Arthur Daniel | Director | 2019-08-01 | 2020-09-01 |
| WORTH, John Alexander | Director | 2004-06-25 | 2004-11-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| M&G Group Regulated Entity Holding Company Limited | Corporate entity | Significant influence | 2020-09-01 | Active |
| Royal London Mutual Insurance Society Limited (The) | Corporate entity | Significant influence | 2016-04-06 | Ceased 2020-09-01 |
| Investment Funds Direct Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 322 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-10 | SH01 | capital | Capital allotment shares | |
| 2025-09-10 | AA | accounts | Accounts with accounts type full | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-11 | AA | accounts | Accounts with accounts type full | |
| 2024-07-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-11 | SH01 | capital | Capital allotment shares | |
| 2023-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-30 | SH01 | capital | Capital allotment shares | |
| 2023-05-30 | AA | accounts | Accounts with accounts type full | |
| 2022-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-21 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-05-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-04-07 | AA | accounts | Accounts with accounts type full | |
| 2022-01-20 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+4.1%
£29,401,000 £30,609,000
-
Cash
+18.4%
£73,738,000 £87,287,000
-
Net assets
-24%
£87,705,000 £66,658,000
-
Employees
-10.8%
342 305
-
Operating profit
+20%
-£40,004,000 -£32,017,000
-
Profit before tax
+24.3%
-£37,082,000 -£28,072,000
-
Wages
-9.4%
£17,592,000 £15,933,000
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