Ifs Global Logistics Ltd
Registered name: IFS GLOBAL LOGISTICS LTD
Part of Ireland Freight Services (U.K.) Limited groupIfs Global Logistics Ltd made £10.3m revenue and £362k profit in the year to 31 Dec 2025.
Ifs Global Logistics Ltd’s revenue grew 17% to £10.3m in the year to 31 Dec 2025, with £362k profit and 64 employees. The company is classified under “freight air transport” and is based in Antrim; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Antrim, Northern Ireland
- Age
- 55 yrs · since 1971
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £16.8m | £9.3m | £8.8m | £10.3m |
| Cost of sales | £11.9m | £5.2m | £4.7m | £6m |
| Gross profit | £4.9m | £4.1m | £4.1m | £4.3m |
| Operating profit | £1.3m | £427k | £180k | £331k |
| Profit before tax | £1.4m | £511k | £1.4m | £450k |
| Profit after tax | £1.2m | £406k | £1.3m | £362k |
| Profit (best available) | £1.2m | £406k | £1.3m | £362k |
| Employees (average) | 90 | 72 | 72 | 64 |
| Ratios | ||||
| Profit margin | 6.9% | 4.3% | 14.8% | 3.5% |
| Gross margin | 29.1% | 44.2% | 46.7% | 41.7% |
| Revenue per employee | £187k | £130k | £122k | £160k |
| Profit per employee | £12.9k | £5.6k | £18.1k | £5.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼44.5% | ▼5.9% | ▲16.9% |
| Profit growth | — | ▼65.2% | ▲221% | ▼72.2% |
| Headcount growth | — | ▼20% | 0% | ▼11.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £810k | £1.1m | £462k |
| Net assets | £2.4m | £1.6m | £2m | £2.1m |
| Fixed assets | £692k | £795k | £790k | £836k |
| Current assets | £4.5m | £2.9m | £3.1m | £2.7m |
| Debtors | £2.6m | £1.6m | £1.6m | £1.8m |
| Deferred income | £3.5k | — | £457k | £80k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.5%
- Profit ÷ revenue.
- Gross margin
- 41.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £160k
- Revenue ÷ average employees.
- Profit per employee
- £5.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲3%
- Now £2.1m
- Cash at bank
- ▼57%
- Now £462k
- Headcount
- ▼11%
- Now 64
- Deferred income
- ▼82%
- Now £80k
- Fixed assets
- ▲6%
- Now £836k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ireland Freight Services (U.K.) Limitedultimate parent75–100%
- Ifs Global Logistics Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Campbell McCleave & Company LimitedRev. — · Profit £278k
- Cmass LtdFigures not disclosed
- I. F. S. Courier Express LtdFigures not disclosed
- Ifs Contract Services LimitedActive - Proposal to Strike offFigures not disclosed
- Ireland Freight (Forwarding) Services Ltd.Figures not disclosed
- Ireland Freight (Road) Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Mark 3 International LimitedColnbrook · Freight air transport
- Revenue
- £15.7m
- Profit
- £1.1m
- Staff
- 53
- Morgan Cargo LtdWoking · Freight air transport
- Revenue
- £17m
- Profit
- £620k
- Staff
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- Heavyweight Air Express LimitedEast Midlands Airport · Freight air transport
- Revenue
- £19.5m
- Profit
- £2.5m
- Staff
- 58
- DHM Logistics LimitedWarwick · Freight air transport
- Revenue
- £3.6m
- Profit
- £152k
- Staff
- 4
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £362k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.