I F M Electronic Limited

  • Large
  • Active
  • 44 years
  • 67 employees
  • £11,098,149 (assets)
  • £39,330,457 (revenue)
  • Virtual address
  • 3 directors
  • No owners
  • Regular importer
  • Regular exporter

Field of Operation

Wholesale of electronic and telecommunications equipment and parts
46520 7883 companies

Website

ifm.com

Social media

Phones

Summary

Ifm Electronic Ltd from London UK: a large company, active status, founded 44 years ago, employing 67 people, holding £11,098,149 in assets, and generating £39,330,457 in yearly revenue. It operates from a virtual address, managed by three directors, and has no officially listed owners. The company regularly imports and exports electrical machinery and equipment, with 422 months of import activity and 72 months of export activity recorded.

The company's website, ifm.com, positions itself as a global leader in automation technology, with a strong emphasis on sensors, safety systems, and software solutions. It functions as a subsidiary selection hub, directing visitors to regional offices across Europe, the Americas, Asia, and Africa. The site highlights its German engineering heritage and offers a comprehensive range of products and services for various industries, including automotive, food and beverage, and packaging. While the website doesn's explicitly mention e-commerce, it does offer a "Trade Partners and others" section, suggesting a B2B model focused on distribution and partnerships rather than direct online sales.

Financially, Ifm Electronic Ltd appears to be in a stable position. Current assets remained relatively flat at £11,000,000, while net assets increased slightly to £19,000,000. Bank borrowings decreased by 10% to £1,000,000, and cash reserves increased by 13% to £2,000,000. Creditors decreased by 13% to £7,000,000, indicating improved debt management. The company’s size (meeting two of three criteria for a large company) suggests a robust operation. The report doesn't mention an auditor, which is likely due to its size and exemption status.

The company’s consistent import and export activity, combined with its strong financial performance, suggests a well-established business with a global reach. The virtual address, while raising some questions, doesn't necessarily indicate any wrongdoing—many companies utilize shared office spaces or virtual addresses for administrative purposes. The lack of listed owners is also not unusual, as shares may be held privately. Overall, Ifm Electronic Ltd seems to be a financially healthy and well-managed company operating in a competitive market.

Registered in England/Wales under the registration number 01551804, with a registered address at WC2B 5AH, London, 16 Great Queen Street, Covent Garden.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.

Managers

Company director
Operations director
Company director

Last reports

Download the last financial report
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Last news

  1. Full accounts made up to 2023-12-31
  2. Confirmation statement made on 2024-06-29 with no updates
  3. Termination of appointment of Simon Peter Evans as a director on 2024-01-01

Importer profile by HS codes

Last imported products

All imported products

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Exporter profile by HS codes

Last exported products

All exported products

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