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Company No. 07260719 · Incorporated 20 May 2010

IFP2 Corporate Partner Limited

Registered name: IFP2 CORPORATE PARTNER LIMITED

Part of Fernlakes Limited group

IFP2 Corporate Partner Limited made £20.6m revenue and £14.3m profit in the year to 29 Dec 2024.

IFP2 Corporate Partner Limited’s revenue grew 381% to £20.6m in the year to 29 Dec 2024, with £14.3m profit and 0 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
London, London
Age
16 yrs · since 2010
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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.

Latest accounts · year to 29 Dec 2024

Key figures

Small team
Revenue
£20.6m
Growth ▲380.7%
Profit
£14.3m
Growth ▲309.7%
Profit margin
69.4%
Gross 102.8%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to29 Dec 202229 Dec 202329 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£4.2m£4.3m£20.6m
Cost of sales£1.4m£75k−£576k
Gross profit£2.9m£4.2m£21.2m
Operating profit−£2.2m£4.2m£14.4m
Profit before tax−£2.6m£3.5m£14.5m
Profit after tax−£2.8m£3.5m£14.3m
Profit (best available)−£2.8m£3.5m£14.3m
Employees (average)000
Ratios
Profit margin−67.3%81.5%69.4%
Gross margin68%98.3%102.8%
Growth (year on year)
Revenue growth—▲1.2%▲380.7%
Profit growth——▲309.7%
Balance sheet — indirect signals, not revenue
Cash at bank£15k£0£22k
Net assets£34m£37.5m£53.4m
Current assets£53.8m£53.2m£54.7m
Debtors£53.8m£53.2m£54.7m
Deferred income£6.2m£6.3m£63k
SourceAccounts · bulk data Dec 2024Accounts · bulk data Dec 2024FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
69.4%
Profit ÷ revenue.
Gross margin
102.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
265.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲42%
Now £53.4m
Cash at bank
—
Now £22k
Headcount
—
Now 0
Deferred income
▼99%
Now £63k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Fernlakes Limitedultimate parent75–100%
  2. Freeshire Limited75–100%
  3. IFP2 Corporate Partner Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (138)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 29 Dec 2024 (profit £14.3m), from the Companies House accounts bulk data published Mar 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.