IFP2 CORPORATE PARTNER LIMITEDActive
Key figures
Ratios
2024Balance sheet structure
Filed accounts2020–2024
| 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Turnover | 3,799,000 | 5,005,000 | 4,282,000 | 20,584,000 |
| Profit for the year | 2,651,000 | 3,534,000 | 3,489,000 | 14,293,000 |
| Cash at bank and in hand | 19,000 | 25,000 | 0 | 22,000 |
| Total assets | 40,036,000 | 45,074,000 | 53,158,000 | 54,713,000 |
| Total liabilities | 6,713,000 | 8,217,000 | 15,661,000 | 1,351,000 |
| Net assets / total equity | 33,323,000 | 36,857,000 | 37,497,000 | 53,362,000 |
| Average number of employees | 0 | 0 | 0 | 0 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2024IFP2 Corporate Partner Limited ("the Company"), a private company limited by shares, is a wholly-owned subsidiary of Freeshire Limited, a wholly-owned subsidiary within the Fernlakes Limited group ("the Group"). The principal activity of the Company is to be a corporate member of Ingenious Film Partners 2 LLP ("the Partnership") which is an integrated film business. In relation to the ongoing tax litigation between the Group and HMRC as disclosed in prior financial statements, a referral back to the First-tier Tribunal took place in September 2024 to determine the asset classification issue. In a decision released on 12 August 2025, the First-tier Tribunal decided that the asset classification issue had already been determined by an earlier decision. The Company understands that HMRC have been granted permission to appeal the decision, see note 8 Taxation for further detail. If the Company ultimately is correct that the partnership asset created by the film expenditure and described by the First-tier Tribunal is an intangible fixed asset qualifying for tax relief, the impact on the financial statements for the Company is expected to be consistent with the Director's estimate of the additional tax and interest liability on the basis of the First-tier Tax Tribinal decision.
As described in the company's latest filed accounts.
Summary: IFP2 CORPORATE PARTNER LIMITED
Company
IFP2 CORPORATE PARTNER LIMITED is a private limited company registered with Companies House under company number 07260719. It was incorporated on 20 May 2010. Its status is active. The registered office is in London (W1F). Its nature of business (SIC 2007) is other business support service activities n.e.c. (82990).
Accounts
The latest accounts in the database are for 2024 (period ending 29 Dec 2024); the company files full accounts. Turnover was £20,584,000. Profit for the year was £14,293,000. Net assets were £53,362,000, up 42.3% on the previous year. Cash at bank and in hand was £22,000. Total assets were £54,713,000 and total liabilities £1,351,000. The company had an average of 0 employees. Figures are available for 4 financial years (2020–2024).
Control and charges
One person with significant control is registered. 1 of 1 registered charges are outstanding.
Filing deadlines
The next accounts are due by 22 Dec 2026. The next confirmation statement is due by 19 May 2027.