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Next accounts due

2027-03-31 (in 10mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-04 (in 1mo)

Last made up 2025-05-21

Watchouts

2 items

Cash

£34M

Latest balance sheet

Net assets

-£191M

Equity attributable

Employees

379

Average over period

Profit before tax

-£15M

Period ending 2024-12-31

Watchouts

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

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2024-05-312024-12-31
Turnover £121,137,198£77,268,510
Operating profit £5,929,218-£366,957
Profit before tax -£33,637,385-£15,315,425
Net profit -£30,811,796-£15,709,458
Cash £24,470,494£34,487,264
Total assets less current liabilities £41,689,092-£172,839,853
Net assets -£175,626,764-£191,336,222
Equity -£175,626,764-£191,336,222
Average employees 352379
Wages £16,784,991£13,173,863

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 2024-05-312024-12-31
Operating margin 4.9%-0.5%
Net margin -25.4%-20.3%
Return on capital employed 14.2%0.2%
Gearing (liabilities / total assets) 201.5%204.4%
Current ratio 1.13x0.44x
Interest cover 0.45x-0.05x

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
Consolidated group
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements of the group and company have been prepared on a going concern basis. In assessing whether preparation on this basis is valid, the directors have considered current trading results and future trading and cash flow forecasts for the next two years. The Directors have a reasonable expectation that Iglufastnet Limited has adequate resources to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the accounts.”

Group structure

  1. IGLUFASTNET LIMITED · parent
    1. IGLU.COM Bidco Limited 100% · England and Wales · Intermediate holding company
    2. IGLU.COM Holdco Limited 100% · Intermediate holding company
    3. IGLU.COM Holidays Limited 97.86% · Intermediate holding company
    4. IGLU.COM Limited 97.86% · On-line travel agent
    5. IGLU.COM Manco Limited 100% · Intermediate holding company
    6. IGLU.COM Midco Limited 100% · Intermediate holding company
    7. IGLU.COM Transport Limited 97.86% · Transport services
    8. IGLU.COM Trustees Limited 97.86% · Dormant
    9. Planet Cruise Limited 97.86% · Not trading

Significant events

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

People

5 active · 9 resigned

Name Role Appointed Born Nationality
MURRAY, Adam Secretary 2025-12-10
GOOCH, David Stephen Leeds Director 2022-01-18 May 1978 British
KAVANAGH, James Director 2025-12-10 Dec 1977 Australian
MURRAY, Adam Director 2025-12-10 May 1973 British
VINCENT, Lorna Jayne Director 2015-06-12 May 1970 British
Show 9 resigned officers
Name Role Appointed Resigned
VINCENT, Lorna Jayne Secretary 2015-05-21 2025-12-10
ANDREWS, David William Director 2017-11-03 2025-12-10
BAILEY-WILLIAMS, Martyn Courtney Director 2015-05-21 2019-05-07
CLARK, Simone Louise Director 2015-05-21 2022-05-11
DOWNS, Richard Sidney John Director 2015-05-21 2025-12-10
HURLEY, Chris Director 2015-06-12 2024-10-15
LANDSMAN, Paul Stewart Director 2015-06-12 2017-01-11
ROSENBERGER, Ottokar Director 2018-03-01 2019-12-11
WILLS, Greg Director 2015-06-12 2025-12-10

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Flight Centre Travel Group (European Holdings) Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-12-10 Active
Ldc (Managers) Limited Corporate entity Shares 50–75%, Voting 25–50% 2016-04-06 Ceased 2025-12-10
Mr Richard Sidney John Downs Individual Shares 25–50% 2016-04-06 Ceased 2025-11-24

Filing timeline

Last 20 of 105 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-01-03 MA Memorandum articles
  • 2026-01-03 RESOLUTIONS Resolution
  • 2026-01-03 MA Memorandum articles
  • 2026-01-03 RESOLUTIONS Resolution
Date Type Category Description
2026-05-06 AA01 accounts Change account reference date company current extended PDF
2026-02-17 ANNOTATION miscellaneous Legacy
2026-02-17 ANNOTATION miscellaneous Legacy
2026-02-17 ANNOTATION miscellaneous Legacy
2026-01-08 AA accounts Accounts with accounts type group
2026-01-03 MA incorporation Memorandum articles
2026-01-03 RESOLUTIONS resolution Resolution
2026-01-03 MA incorporation Memorandum articles
2026-01-03 RESOLUTIONS resolution Resolution
2026-01-03 SH10 capital Capital variation of rights attached to shares
2025-12-28 SH08 capital Capital name of class of shares
2025-12-23 AP03 officers Appoint person secretary company with name date PDF
2025-12-23 TM01 officers Termination director company with name termination date PDF
2025-12-23 TM01 officers Termination director company with name termination date PDF
2025-12-23 TM01 officers Termination director company with name termination date PDF
2025-12-23 AP01 officers Appoint person director company with name date PDF
2025-12-23 AP01 officers Appoint person director company with name date PDF
2025-12-23 TM02 officers Termination secretary company with name termination date PDF
2025-12-23 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-12-23 PSC07 persons-with-significant-control Cessation of a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
2

last 24 months

Officers appointed
3

last 12 months

Officers resigned
4

last 12 months

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

Year-on-year

FY2024 → FY2024 · period ending 2024-12-31 vs 2024-05-31

Year-on-year comparison hidden: this filing covers about 7 months versus 12 months prior.

Official Companies House page