icp general partner limited
icp general partner limited Company Information
Company Number
02948671
Next Accounts
Sep 2025
Shareholders
icp holdings ltd
Group Structure
View All
Industry
Non-life insurance
+1Registered Address
3 castlegate, grantham, lincolnshire, NG31 6SF
Website
-icp general partner limited Estimated Valuation
Pomanda estimates the enterprise value of ICP GENERAL PARTNER LIMITED at £1.6m based on a Turnover of £2.4m and 0.69x industry multiple (adjusted for size and gross margin).
icp general partner limited Estimated Valuation
Pomanda estimates the enterprise value of ICP GENERAL PARTNER LIMITED at £13.3m based on an EBITDA of £1.6m and a 8.15x industry multiple (adjusted for size and gross margin).
icp general partner limited Estimated Valuation
Pomanda estimates the enterprise value of ICP GENERAL PARTNER LIMITED at £4.5m based on Net Assets of £2.9m and 1.58x industry multiple (adjusted for liquidity).
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Icp General Partner Limited Overview
Icp General Partner Limited is a live company located in lincolnshire, NG31 6SF with a Companies House number of 02948671. It operates in the non-life insurance sector, SIC Code 65120. Founded in July 1994, it's largest shareholder is icp holdings ltd with a 100% stake. Icp General Partner Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with rapid growth in recent years.
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Icp General Partner Limited Health Check
Pomanda's financial health check has awarded Icp General Partner Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
1 Weak
Size
annual sales of £2.4m, make it larger than the average company (£1.7m)
£2.4m - Icp General Partner Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (7.8%)
37% - Icp General Partner Limited
7.8% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Icp General Partner Limited
100% - Industry AVG
Profitability
an operating margin of 68.2% make it more profitable than the average company (16.7%)
68.2% - Icp General Partner Limited
16.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (18)
5 - Icp General Partner Limited
18 - Industry AVG
Pay Structure
on an average salary of £66.7k, the company has a lower pay structure (£96.7k)
£66.7k - Icp General Partner Limited
£96.7k - Industry AVG
Efficiency
resulting in sales per employee of £477.4k, this is more efficient (£190.1k)
£477.4k - Icp General Partner Limited
£190.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Icp General Partner Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Icp General Partner Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Icp General Partner Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 121 weeks, this is more cash available to meet short term requirements (19 weeks)
121 weeks - Icp General Partner Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7%, this is a lower level of debt than the average (80.3%)
7% - Icp General Partner Limited
80.3% - Industry AVG
ICP GENERAL PARTNER LIMITED financials
Icp General Partner Limited's latest turnover from December 2023 is £2.4 million and the company has net assets of £2.9 million. According to their latest financial statements, Icp General Partner Limited has 5 employees and maintains cash reserves of £506.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,386,853 | 1,072,331 | 1,027,100 | 920,234 | 921,641 | 1,057,767 | 1,514,526 | 1,834,687 | 1,538,187 | 2,658,419 | 2,159,147 | 1,702,498 | 2,655,101 | 2,255,075 | 3,172,195 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 1,628,521 | 372,446 | 481,869 | 390,180 | 368,767 | 353,659 | 817,479 | 1,095,026 | 708,525 | 1,644,250 | 1,419,861 | 961,413 | 2,014,720 | 1,590,156 | 2,544,952 |
| Interest Payable | 758 | 4,730 | 18 | 1,756 | 7,201 | 852 | |||||||||
| Interest Receivable | 4,844 | 396 | 804 | 296 | 2,470 | 1,404 | 9,028 | 20,902 | 19,508 | 20,454 | 7 | 32,427 | |||
| Pre-Tax Profit | 1,633,365 | 372,842 | 604,695 | 385,450 | 369,571 | 353,955 | 819,949 | 1,096,412 | 715,797 | 1,657,951 | 1,438,517 | 981,867 | 2,014,720 | 1,590,163 | 2,561,071 |
| Tax | -384,586 | -71,708 | -91,788 | -73,188 | -70,623 | -66,231 | -159,122 | -216,833 | -149,881 | -401,696 | -268,235 | -240,824 | -524,770 | -452,707 | -719,016 |
| Profit After Tax | 1,248,779 | 301,134 | 512,907 | 312,262 | 298,948 | 287,724 | 660,827 | 879,579 | 565,916 | 1,256,255 | 1,170,282 | 741,043 | 1,489,950 | 1,137,456 | 1,842,055 |
| Dividends Paid | 1,000,000 | 1,300,000 | 525,000 | 1,320,000 | 2,175,000 | 1,250,000 | 2,400,000 | 500,000 | |||||||
| Retained Profit | 1,248,779 | 301,134 | -487,093 | -987,738 | 298,948 | 287,724 | 135,827 | -440,421 | -1,609,084 | 1,256,255 | 1,170,282 | 741,043 | 239,950 | -1,262,544 | 1,342,055 |
| Employee Costs | 333,610 | 358,880 | 274,844 | 268,208 | 273,123 | 434,681 | 418,315 | 430,978 | 456,793 | 432,598 | 432,273 | 478,466 | 387,128 | 450,565 | 328,600 |
| Number Of Employees | 5 | 5 | 5 | 5 | 5 | 6 | 5 | 7 | 7 | 7 | 7 | 7 | 6 | 3 | 3 |
| EBITDA* | 1,628,997 | 374,222 | 484,463 | 392,473 | 371,148 | 358,354 | 822,391 | 1,099,041 | 710,479 | 1,647,667 | 1,424,979 | 965,858 | 2,021,645 | 1,595,628 | 2,552,700 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,204 | 1,783 | 2,008 | 3,589 | 2,472 | 3,583 | 6,938 | 10,923 | 7,293 | 4,707 | 4,008 | 7,106 | 3,571 | 5,141 | 10,613 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Debtors (Due After 1 year) | 7,595 | 106,215 | |||||||||||||
| Total Fixed Assets | 4,204 | 1,783 | 2,008 | 3,591 | 2,474 | 3,585 | 6,940 | 10,925 | 14,890 | 110,924 | 4,010 | 7,108 | 3,573 | 5,143 | 10,615 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 291,817 | 759,270 | 229,483 | 398,931 | 1,345,086 | 150,826 | 174,078 | 29,557 | 14,025 | 14,025 | 14,025 | 14,025 | 489,936 | 364,749 | 143,593 |
| Misc Debtors | 2,283,198 | 241,503 | 588,915 | 1,208,225 | 1,229,645 | 2,330,948 | 1,820,713 | 1,847,716 | 2,194,790 | 2,652,195 | 2,035,790 | 1,266,570 | 2,465,366 | 1,426,141 | 2,973,437 |
| Cash | 506,091 | 709,684 | 571,993 | 269,931 | 285,845 | 84,950 | 309,660 | 297,540 | 406,046 | 2,503,414 | 1,170,187 | 2,893,974 | 1,139,656 | 1,912,944 | 2,208,143 |
| misc current assets | |||||||||||||||
| total current assets | 3,081,106 | 1,710,457 | 1,390,391 | 1,877,087 | 2,860,576 | 2,566,724 | 2,304,451 | 2,174,813 | 2,614,861 | 5,169,634 | 3,220,002 | 4,174,569 | 4,094,958 | 3,703,834 | 5,325,173 |
| total assets | 3,085,310 | 1,712,240 | 1,392,399 | 1,880,678 | 2,863,050 | 2,570,309 | 2,311,391 | 2,185,738 | 2,629,751 | 5,280,558 | 3,224,012 | 4,181,677 | 4,098,531 | 3,708,977 | 5,335,788 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1 | 1 | |||||||||||||
| Group/Directors Accounts | 42,251 | 975,123 | 304,892 | 2,235,946 | 3,039,267 | 2,477,660 | 2,591,355 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 216,271 | 91,981 | 73,274 | 74,460 | 69,094 | 75,301 | 104,107 | 114,281 | 75,621 | 184,473 | 54,413 | 251,306 | 105,881 | 517,885 | 768,457 |
| total current liabilities | 216,271 | 91,981 | 73,274 | 74,460 | 69,094 | 75,301 | 104,107 | 114,281 | 117,873 | 1,159,596 | 359,305 | 2,487,252 | 3,145,149 | 2,995,545 | 3,359,812 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 216,271 | 91,981 | 73,274 | 74,460 | 69,094 | 75,301 | 104,107 | 114,281 | 117,873 | 1,159,596 | 359,305 | 2,487,252 | 3,145,149 | 2,995,545 | 3,359,812 |
| net assets | 2,869,039 | 1,620,259 | 1,319,125 | 1,806,218 | 2,793,956 | 2,495,008 | 2,207,284 | 2,071,457 | 2,511,878 | 4,120,962 | 2,864,707 | 1,694,425 | 953,382 | 713,432 | 1,975,976 |
| total shareholders funds | 2,869,039 | 1,620,259 | 1,319,125 | 1,806,218 | 2,793,956 | 2,495,008 | 2,207,284 | 2,071,457 | 2,511,878 | 4,120,962 | 2,864,707 | 1,694,425 | 953,382 | 713,432 | 1,975,976 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,628,521 | 372,446 | 481,869 | 390,180 | 368,767 | 353,659 | 817,479 | 1,095,026 | 708,525 | 1,644,250 | 1,419,861 | 961,413 | 2,014,720 | 1,590,156 | 2,544,952 |
| Depreciation | 476 | 1,776 | 2,594 | 2,293 | 2,381 | 4,695 | 4,912 | 4,015 | 1,954 | 3,417 | 5,118 | 4,445 | 6,925 | 5,472 | 7,748 |
| Amortisation | |||||||||||||||
| Tax | -384,586 | -71,708 | -91,788 | -73,188 | -70,623 | -66,231 | -159,122 | -216,833 | -149,881 | -401,696 | -268,235 | -240,824 | -524,770 | -452,707 | -719,016 |
| Stock | |||||||||||||||
| Debtors | 1,574,242 | 182,375 | -788,758 | -967,575 | 92,957 | 486,983 | 117,518 | -339,137 | -556,025 | 722,620 | 769,220 | -1,674,707 | 1,164,412 | -1,326,140 | 3,117,030 |
| Creditors | -1 | 1 | -1 | 1 | |||||||||||
| Accruals and Deferred Income | 124,290 | 18,707 | -1,186 | 5,366 | -6,207 | -28,806 | -10,174 | 38,660 | -108,852 | 130,060 | -196,893 | 145,425 | -412,004 | -250,572 | 768,457 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -205,541 | 138,846 | 1,180,247 | 1,292,226 | 201,361 | -223,666 | 535,577 | 1,260,004 | 1,007,772 | 653,411 | 190,631 | 2,545,165 | -79,540 | 2,218,489 | -514,889 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -2 | 2 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -42,251 | -932,872 | 670,231 | -1,931,054 | -803,321 | 561,607 | -113,695 | 2,591,355 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 4,844 | 396 | -758 | -4,730 | 804 | 296 | 2,470 | 1,386 | 7,272 | 13,701 | 18,656 | 20,454 | 7 | 32,427 | |
| cash flow from financing | 4,845 | 396 | -758 | -4,730 | 804 | 296 | 2,470 | -40,865 | -925,600 | 683,932 | -1,912,398 | -782,867 | 561,607 | -113,688 | 3,257,703 |
| cash and cash equivalents | |||||||||||||||
| cash | -203,593 | 137,691 | 302,062 | -15,914 | 200,895 | -224,710 | 12,120 | -108,506 | -2,097,368 | 1,333,227 | -1,723,787 | 1,754,318 | -773,288 | -295,199 | 2,208,143 |
| overdraft | |||||||||||||||
| change in cash | -203,593 | 137,691 | 302,062 | -15,914 | 200,895 | -224,710 | 12,120 | -108,506 | -2,097,368 | 1,333,227 | -1,723,787 | 1,754,318 | -773,288 | -295,199 | 2,208,143 |
icp general partner limited Credit Report and Business Information
Icp General Partner Limited Competitor Analysis
Perform a competitor analysis for icp general partner limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NG31 area or any other competitors across 12 key performance metrics.
icp general partner limited Ownership
ICP GENERAL PARTNER LIMITED group structure
Icp General Partner Limited has no subsidiary companies.
Ultimate parent company
2 parents
ICP GENERAL PARTNER LIMITED
02948671
icp general partner limited directors
Icp General Partner Limited currently has 4 directors. The longest serving directors include Lord Jonathan Marland Of Odstock (Nov 2006) and Sir Nicholas Bacon, Obe., Dl (Jun 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Lord Jonathan Marland Of Odstock | 68 years | Nov 2006 | - | Director | |
| Sir Nicholas Bacon, Obe., Dl | United Kingdom | 71 years | Jun 2011 | - | Director |
| Mr Timothy Shenton | United Kingdom | 70 years | Jun 2012 | - | Director |
| Lord Geidt Christopher MacKenzie Geidt | 63 years | Jul 2024 | - | Director |
P&L
December 2023turnover
2.4m
+123%
operating profit
1.6m
+337%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.9m
+0.77%
total assets
3.1m
+0.8%
cash
506.1k
-0.29%
net assets
Total assets minus all liabilities
icp general partner limited company details
company number
02948671
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
65202 - Non-life reinsurance
incorporation date
July 1994
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
cbs general partner limited (February 2007)
cbs services no 2 limited (June 2005)
See moreaccountant
-
auditor
PKF LITTLEJOHN LLP
address
3 castlegate, grantham, lincolnshire, NG31 6SF
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
icp general partner limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to icp general partner limited. Currently there are 1 open charges and 2 have been satisfied in the past.
icp general partner limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ICP GENERAL PARTNER LIMITED. This can take several minutes, an email will notify you when this has completed.
icp general partner limited Companies House Filings - See Documents
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