# IFT PROPERTIES LIMITED (11402582)

> IFT PROPERTIES LIMITED is an active private limited company (company number 11402582) incorporated on 7 June 2018, registered in Gateshead. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 30 June 2025, showing net assets of £42k and cash of £2,299, with 2 employees on average. Net assets fell 23% on the prior period (£55k).

- Status: Active
- Incorporated: 2018-06-07
- Registered office: Gateshead, NE8 1SR
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-06-21
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 3,228 comparable companies in Newcastle (median £1, upper quartile £18k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | £42k | £2,299 | — | £480 | — | — | 2 |
| 2024-06-30 | £55k | £15k | — | £462 | — | — | — |

current ratio 4.79; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £42,384 at 30 June 2025
- Current assets at least 1.5× creditors within one year: Current ratio 4.79
- Incorporated five or more years ago: Incorporated 7 June 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr David Steinberg — has significant influence or control, since 2019-05-31
- Mr Abraham Jacob Schechter — has significant influence or control, since 2019-05-31

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11402582
HTML: https://firmoscan.com/company/11402582-ift-properties-limited