icarus trade company limited
icarus trade company limited Company Information
Company Number
08938353
Website
-Registered Address
unit 2.02, high weald house, glovers end, bexhill-on-sea, east sussex, TN39 5ES
Industry
Activities of real estate investment trusts
Telephone
-
Next Accounts Due
March 2026
Group Structure
View All
Shareholders
umberto accornero 52%
raffaella falcone 24%
View Allicarus trade company limited Estimated Valuation
Pomanda estimates the enterprise value of ICARUS TRADE COMPANY LIMITED at £4m based on a Turnover of £1.4m and 2.84x industry multiple (adjusted for size and gross margin).
icarus trade company limited Estimated Valuation
Pomanda estimates the enterprise value of ICARUS TRADE COMPANY LIMITED at £0 based on an EBITDA of £-25.4k and a 6.42x industry multiple (adjusted for size and gross margin).
icarus trade company limited Estimated Valuation
Pomanda estimates the enterprise value of ICARUS TRADE COMPANY LIMITED at £0 based on Net Assets of £-349.9k and 1.99x industry multiple (adjusted for liquidity).
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Icarus Trade Company Limited Overview
Icarus Trade Company Limited is a live company located in bexhill-on-sea, TN39 5ES with a Companies House number of 08938353. It operates in the activities of real estate investment trusts sector, SIC Code 64306. Founded in March 2014, it's largest shareholder is umberto accornero with a 52% stake. Icarus Trade Company Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with high growth in recent years.
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Icarus Trade Company Limited Health Check
Pomanda's financial health check has awarded Icarus Trade Company Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£1.9m)
- Icarus Trade Company Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (6.2%)
- Icarus Trade Company Limited
6.2% - Industry AVG
Production
with a gross margin of 86.9%, this company has a comparable cost of product (86.9%)
- Icarus Trade Company Limited
86.9% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (39.7%)
- Icarus Trade Company Limited
39.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Icarus Trade Company Limited
4 - Industry AVG
Pay Structure
on an average salary of £62.9k, the company has an equivalent pay structure (£62.9k)
- Icarus Trade Company Limited
£62.9k - Industry AVG
Efficiency
resulting in sales per employee of £474.7k, this is equally as efficient (£474.7k)
- Icarus Trade Company Limited
£474.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Icarus Trade Company Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Icarus Trade Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Icarus Trade Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Icarus Trade Company Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13096.8%, this is a higher level of debt than the average (31.9%)
13096.8% - Icarus Trade Company Limited
31.9% - Industry AVG
ICARUS TRADE COMPANY LIMITED financials
Icarus Trade Company Limited's latest turnover from June 2024 is estimated at £1.4 million and the company has net assets of -£349.9 thousand. According to their latest financial statements, Icarus Trade Company Limited has 3 employees and maintains cash reserves of £2.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 464,485 | 695,413 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 464,485 | 695,413 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 38,924 | 0 | 0 | 0 | 0 | 18,996 | 791,182 |
| Group Debtors | 204 | 168 | 168 | 168 | 168 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 16 | 48 | 590 | 62 | 0 | 3,997 | 1,373 | 197,268 | 630,505 | 0 |
| Cash | 2,472 | 6,061 | 1,823 | 47 | 1,224 | 2,013 | 66,226 | 19,693 | 53,398 | 392,463 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,692 | 6,277 | 2,581 | 39,201 | 1,392 | 6,010 | 67,599 | 216,961 | 702,899 | 1,183,645 |
| total assets | 2,692 | 6,277 | 2,581 | 39,201 | 1,392 | 6,010 | 67,599 | 681,446 | 1,398,312 | 1,183,645 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1 | 15,374 | 0 | 0 | 1,225 | 1,200 | 9,497 | 3,814 | 714 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 352,567 | 330,946 | 309,037 | 292,083 | 348,189 | 750 | 1,100 | 1,000 | 15,713 | 0 |
| total current liabilities | 352,567 | 330,947 | 324,411 | 292,083 | 348,189 | 1,975 | 2,300 | 10,497 | 19,527 | 714 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 373,255 | 459,935 | 957,971 | 1,363,500 | 1,182,500 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 373,255 | 459,935 | 957,971 | 1,363,500 | 1,182,500 |
| total liabilities | 352,567 | 330,947 | 324,411 | 292,083 | 348,189 | 375,230 | 462,235 | 968,468 | 1,383,027 | 1,183,214 |
| net assets | -349,875 | -324,670 | -321,830 | -252,882 | -346,797 | -369,220 | -394,636 | -287,022 | 15,285 | 431 |
| total shareholders funds | -349,875 | -324,670 | -321,830 | -252,882 | -346,797 | -369,220 | -394,636 | -287,022 | 15,285 | 431 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4 | -542 | -38,396 | 38,986 | -3,829 | 2,624 | -195,895 | -452,233 | -141,681 | 791,182 |
| Creditors | -1 | -15,373 | 15,374 | 0 | -1,225 | 25 | -8,297 | 5,683 | 3,100 | 714 |
| Accruals and Deferred Income | 21,621 | 21,909 | 16,954 | -56,106 | 347,439 | -350 | 100 | -14,713 | 15,713 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -373,255 | -86,680 | -498,036 | -405,529 | 181,000 | 1,182,500 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -3,589 | 4,238 | 1,776 | -1,177 | -789 | -64,213 | 46,533 | -33,705 | -339,065 | 392,463 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,589 | 4,238 | 1,776 | -1,177 | -789 | -64,213 | 46,533 | -33,705 | -339,065 | 392,463 |
icarus trade company limited Credit Report and Business Information
Icarus Trade Company Limited Competitor Analysis
Perform a competitor analysis for icarus trade company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in TN39 area or any other competitors across 12 key performance metrics.
icarus trade company limited Ownership
ICARUS TRADE COMPANY LIMITED group structure
Icarus Trade Company Limited has no subsidiary companies.
Ultimate parent company
ICARUS TRADE COMPANY LIMITED
08938353
icarus trade company limited directors
Icarus Trade Company Limited currently has 3 directors. The longest serving directors include Mrs Raffaella Falcone (Oct 2020) and Mr Riccardo Accornero (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Raffaella Falcone | England | 58 years | Oct 2020 | - | Director |
| Mr Riccardo Accornero | England | 58 years | Oct 2020 | - | Director |
| Mr Umberto Accornero | England | 26 years | Oct 2020 | - | Director |
P&L
June 2024turnover
1.4m
+71%
operating profit
-25.4k
0%
gross margin
87%
+10.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-349.9k
+0.08%
total assets
2.7k
-0.57%
cash
2.5k
-0.59%
net assets
Total assets minus all liabilities
icarus trade company limited company details
company number
08938353
Type
Private limited with Share Capital
industry
64306 - Activities of real estate investment trusts
incorporation date
March 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
ACUITY PROFESSIONAL PARTNERSHIP LLP
auditor
-
address
unit 2.02, high weald house, glovers end, bexhill-on-sea, east sussex, TN39 5ES
Bank
-
Legal Advisor
-
icarus trade company 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 did not find charges/mortgages relating to icarus trade company limited.
icarus trade company limited Companies House Filings - See Documents
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