CIFAS — The Accounts

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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-02-22 (in 9mo)

Last made up 2026-02-08

Watchouts

1 item

Cash

£10M

-0.8% vs 2024

Net assets

£5M

+8.2% vs 2024

Employees

+1% vs 2024

Profit before tax

£411K

+20.1% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

3 officer resignations in last 12 months

Multiple officers have left the board recently — see the People section for who.

Name history

Renamed 1 time since incorporation

CIFAS 2000-05-02 → present
CREDIT INDUSTRY FRAUD AVOIDANCE SYSTEM 1991-02-22 → 2000-05-02

Net assets

2-year trend · vs Technology median

CIFAS·Technology median · n=331

Accounts

2-year trend · latest reflected 2025-03-31

Metric	2024-03-31	2025-03-31
Turnover	£12,943,355	£14,136,479
Operating profit	£103,223	£143,979
Profit before tax	£342,190	£410,840
Net profit	£301,574	£370,662
Cash	£10,034,800	£9,956,078
Total assets less current liabilities	£4,670,661	£5,040,481
Net assets	£4,534,447	£4,905,109
Equity	£4,534,447	£4,905,109
Average employees	98	99
Wages	£7,470,234	£8,434,245

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	2024-03-31	2025-03-31
Operating margin	0.8%	1.0%
Net margin	2.3%	2.6%
Return on capital employed	2.2%	2.9%
Current ratio	1.12x	0.97x

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: Price Bailey LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The directors consider that Cifas continues to be a going concern. Retention of our existing membership base (from which we obtain just under 77% of our income) is extremely strong with 97% of existing members renewing into 2025 and continued strong growth in new members.”

Significant events

“In the last year our products and services helped our members prevent in excess of £2.1bn in fraud losses.”
“Our members made a record number of filings to the National Fraud Database (NFD) in 2024, over 421,000 in total an increase of 13% on 2023.”
“Our customer monitoring product, Vision, is revolutionising how our members identify the changing risk within their customer database.”
“Our Beneficiary Checks service launched in 2024 has helped our members check the risk profile of transactions including suspected scams.”
“Our APP Victim Check service is now live and helps prevent the re-victimisation of APP (Authorised Push Payment) fraud victims.”
“Recognising the continued growth of identity fraud and theft, we have prioritised the development of our identity protection solution - JustMe.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

7 active · 73 resigned

Name	Role	Appointed	Born	Nationality
FREEDMAN, Richard	Secretary	2025-05-06	—	—
BAILES, Alex	Director	2025-10-22	Feb 1976	British
BENNETT, Judy	Director	2025-10-22	Sep 1961	British
BROWETT, John Julian	Director	2020-09-22	Dec 1963	British
HALEY, Michael Douglas	Director	2017-03-09	Nov 1963	British
LENNARD, Sarah-Jill	Director	2022-01-25	Apr 1956	British
WIMBORNE, Zoe Victoria	Director	2020-12-08	May 1969	British

Show 73 resigned officers

Name	Role	Appointed	Resigned
FREEDMAN, Richard Jonathan	Secretary	2018-09-21	2024-10-02
HALEY, Michael Douglas	Secretary	2015-06-15	2018-09-21
HILTON, Alan Christian	Secretary	1991-02-22	1999-03-31
HURST, Peter Edward	Secretary	1999-03-31	2013-09-14
MADDOCK, Natasha Frances	Secretary	2024-10-02	2025-05-06
NORTON-AMOR, Hugh Dixon	Secretary	2013-09-14	2015-03-31
ABBOTT, Fletcher Robin	Director	2009-05-12	2010-03-23
ADLEM, Michael	Director	1994-03-01	1994-05-31
AGER, Edgar Paul	Director	2009-12-08	2010-06-08
AGER, Edgar Paul	Director	2001-04-01	2009-07-15
AVIS, Penelope Jane	Director	2017-02-01	2021-10-19
BALDOCK, Graham	Director	2010-06-28	2011-02-28
BAYLEY, Peter Derek	Director	1994-09-20	1997-05-23
BEAVIS, Richard	Director	2014-06-18	2016-03-21
BLAKE, Nicholas	Director	2012-06-11	2015-06-17
BOTTOMLEY, Alan Edward	Director	1995-03-01	1999-02-28
BOULTON, Paul Edward	Director	1992-03-01	1993-04-30
BRENNAN, Barry Kevin	Director	2009-05-12	2011-11-15
BRENNAN, Barry Kevin	Director	2002-03-01	2005-04-19
BUXTON, Jon	Director	2005-05-17	2006-08-25
CHAPMAN, Simon	Director	1997-09-23	2001-02-28
CHARNLEY, Colin Gerard	Director	2004-09-07	2010-09-24
CHERRETT, Kenneth William George	Director	1991-03-26	2016-09-05
CLARE, Allan James	Director	2011-06-07	2011-07-24
CROWFOOT, Patrick Alan David	Director	2004-09-07	2009-11-01
CROWFOOT, Patrick Alan David	Director	2002-03-20	2003-12-31
CROWFOOT, Patrick Alan David	Director	1994-03-01	2002-03-01
CROWFOOT, Patrick Alan David	Director	1991-02-22	1993-01-04
DALGLEISH, Alexander	Director	1991-02-22	1992-02-29
DALGLEISH, Alexander	Director	—	1992-01-31
DOLAN, Alison Ann	Director	2017-02-01	2020-01-31
DUKES, Simon Austin	Director	2013-09-14	2018-05-01
EARL, Jane Margaret	Director	2010-06-08	2016-06-14
FAIRBANK, Stephen	Director	—	1992-07-08
FRASER, Robert Charles	Director	2016-09-06	2025-09-05
FROMANT, Michael John	Director	1997-09-23	2000-02-28
GALE, Mark John	Director	2010-06-08	2011-08-03
GREENWOOD, Phillip Austin	Director	1994-07-26	1996-09-10
HARDMAN, Alan Gilchrist	Director	1999-03-01	2000-04-11
HARDY, David	Director	2000-06-27	2004-08-16
HENDRA, Caroline	Director	—	1995-02-28
HORTON, Martyn Phillip	Director	—	1993-02-28
HOSEASON, Michael Bruce	Director	2001-03-01	2006-09-05
HURST, Peter Edward	Director	—	1994-04-29
ISLE, Graham	Director	2012-06-12	2016-03-21
JALLOW, Ursula	Director	2015-06-17	2016-03-21
JONES, Carwyn Alan	Director	2011-06-07	2014-12-31
JONES, Mark John Charles	Director	2008-12-02	2011-07-22
JONES, Mark John Charles	Director	2000-04-26	2008-09-29
JUDGE, Barbara Singer, Lady	Director	2016-09-06	2020-09-01
KAY, David Jonathan Smedley	Director	2006-05-16	2009-12-08
KAYE, Andrew Douglas	Director	1994-03-01	2000-06-30
LAING, Heather Robertson	Director	2014-06-18	2016-03-21
LLOYD, Geoffrey Sinclair	Director	1993-03-01	1997-01-31
MCCABE, Nan	Director	2000-08-22	2003-02-11
MCCULLOGH, John Stewart	Director	—	1999-02-28
MCKEE, Christopher	Director	2010-06-08	2016-06-14
MORLEY, Jacqueline Kay	Director	2005-05-17	2008-11-03
O'BRIEN, Jerry	Director	2000-08-22	2003-03-21
O'NEILL, Michael Dennis	Director	1991-03-01	1995-02-09
O'NEILL, Michael Dennis	Director	—	2017-02-01
RAINEY, Joan	Director	1998-03-01	2000-01-05
RAWSTRON, Howard Mark	Director	2010-09-07	2016-03-21
SPRINGER, David James	Director	2004-09-07	2016-09-05
STEARNS, Adrian Burgoyne	Director	2004-05-18	2006-05-16
STREDWICK, Paul Andrew	Director	2000-03-01	2002-02-15
TAYLOR, William John	Director	—	1992-03-01
TEMPLEMAN, Nicola	Director	1997-03-01	1997-12-31
TOMLINSON, Mark Robert William	Director	2008-05-13	2013-05-22
TRUEMAN, William Lawrence Nelson	Director	2000-08-01	2001-03-13
USMAR, David William	Director	1999-03-01	2004-11-01
WAGNER, Arnold	Director	2017-02-01	2026-02-01
WALKER, Ian	Director	2015-06-15	2016-03-21

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mr John Julian Browett	Individual	Significant influence	2020-09-22	Ceased 2023-11-02
Mr Michael Douglas Haley	Individual	Significant influence	2016-04-06	Ceased 2023-11-02
Lady Barbara Singer Judge	Individual	Appoints directors	2016-04-06	Ceased 2020-09-01
Mr Simon Austin Dukes	Individual	Significant influence	2016-04-06	Ceased 2018-05-01

Filing timeline

Last 20 of 298 total filings

Date	Type	Category	Description
2026-02-09	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2026-02-09	TM01	officers	Termination director company with name termination date	PDF
2025-10-22	AP01	officers	Appoint person director company with name date	PDF
2025-10-22	AP01	officers	Appoint person director company with name date	PDF
2025-10-22	TM01	officers	Termination director company with name termination date	PDF
2025-10-08	AA	accounts	Accounts with accounts type full
2025-05-06	AP03	officers	Appoint person secretary company with name date	PDF
2025-05-06	TM02	officers	Termination secretary company with name termination date	PDF
2025-02-10	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-11-06	AP03	officers	Appoint person secretary company with name date	PDF
2024-11-06	TM02	officers	Termination secretary company with name termination date	PDF
2024-10-14	AA	accounts	Accounts with accounts type full
2024-02-08	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-11-16	PSC08	persons-with-significant-control	Notification of a person with significant control statement	PDF
2023-11-02	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2023-11-02	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2023-09-28	AA	accounts	Accounts with accounts type full
2023-02-08	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-10-01	AA	accounts	Accounts with accounts type full
2022-07-19	PSC01	persons-with-significant-control	Notification of a person with significant control	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 8
Capital events: 0
Officers appointed: 3
Officers resigned: 3

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

Turnover

+9.2%

£12,943,355 £14,136,479
Cash

-0.8%

£10,034,800 £9,956,078
Net assets

+8.2%

£4,534,447 £4,905,109
Employees

+1%

98 99
Operating profit

+39.5%

£103,223 £143,979
Profit before tax

+20.1%

£342,190 £410,840
Wages

+12.9%

£7,470,234 £8,434,245

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page