ica (jv) ltd
ica (jv) ltd Company Information
Company Number
11499614
Next Accounts
Sep 2025
Shareholders
mr edward george duncan strachan
ms yelena kadatskaya
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
125 kensington church street, london, W8 7LP
Website
-ica (jv) ltd Estimated Valuation
Pomanda estimates the enterprise value of ICA (JV) LTD at £53.1m based on a Turnover of £42.5m and 1.25x industry multiple (adjusted for size and gross margin).
ica (jv) ltd Estimated Valuation
Pomanda estimates the enterprise value of ICA (JV) LTD at £127.5m based on an EBITDA of £14m and a 9.14x industry multiple (adjusted for size and gross margin).
ica (jv) ltd Estimated Valuation
Pomanda estimates the enterprise value of ICA (JV) LTD at £50.1m based on Net Assets of £23.5m and 2.13x industry multiple (adjusted for liquidity).
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Ica (jv) Ltd Overview
Ica (jv) Ltd is a live company located in london, W8 7LP with a Companies House number of 11499614. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2018, it's largest shareholder is mr edward george duncan strachan with a 99% stake. Ica (jv) Ltd is a young, large sized company, Pomanda has estimated its turnover at £42.5m with rapid growth in recent years.
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Ica (jv) Ltd Health Check
Pomanda's financial health check has awarded Ica (Jv) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
1 Weak
Size
annual sales of £42.5m, make it larger than the average company (£4.8m)
£42.5m - Ica (jv) Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 515%, show it is growing at a faster rate (6.6%)
515% - Ica (jv) Ltd
6.6% - Industry AVG
Production
with a gross margin of 46.2%, this company has a lower cost of product (38.3%)
46.2% - Ica (jv) Ltd
38.3% - Industry AVG
Profitability
an operating margin of 32.4% make it more profitable than the average company (5.7%)
32.4% - Ica (jv) Ltd
5.7% - Industry AVG
Employees
with 208 employees, this is above the industry average (27)
208 - Ica (jv) Ltd
27 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£54k)
£48.6k - Ica (jv) Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £204.5k, this is more efficient (£171.4k)
£204.5k - Ica (jv) Ltd
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (42 days)
40 days - Ica (jv) Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (32 days)
2 days - Ica (jv) Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ica (jv) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (22 weeks)
37 weeks - Ica (jv) Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.9%, this is a lower level of debt than the average (62.5%)
55.9% - Ica (jv) Ltd
62.5% - Industry AVG
ICA (JV) LTD financials
Ica (Jv) Ltd's latest turnover from December 2023 is £42.5 million and the company has net assets of £23.5 million. According to their latest financial statements, Ica (Jv) Ltd has 208 employees and maintains cash reserves of £14.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 42,532,000 | 23,011,000 | 8,286,000 | 183,000 | |
| Other Income Or Grants | |||||
| Cost Of Sales | 22,892,000 | 12,919,000 | 4,571,000 | 939,000 | |
| Gross Profit | 19,640,000 | 10,092,000 | 3,715,000 | -756,000 | |
| Admin Expenses | 5,849,000 | 2,525,000 | 488,000 | -767,000 | |
| Operating Profit | 13,791,000 | 7,567,000 | 3,227,000 | 11,000 | |
| Interest Payable | 297,000 | 88,000 | 30,000 | 6,000 | |
| Interest Receivable | 316,000 | 8,000 | |||
| Pre-Tax Profit | 14,511,000 | 8,653,000 | 3,682,000 | 624,000 | |
| Tax | -2,758,000 | -1,358,000 | 7,000 | 9,000 | |
| Profit After Tax | 11,753,000 | 7,295,000 | 3,689,000 | 633,000 | |
| Dividends Paid | 111,000 | ||||
| Retained Profit | 11,484,000 | 7,191,000 | 3,695,000 | 635,000 | |
| Employee Costs | 10,113,000 | 4,490,000 | 1,084,000 | 241,000 | |
| Number Of Employees | 208 | 194 | 104 | 44 | |
| EBITDA* | 13,953,000 | 7,667,000 | 3,288,000 | 34,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 9,846,000 | 9,531,000 | 9,181,000 | 8,109,000 | |
| Intangible Assets | 21,291,000 | 20,170,000 | 14,352,000 | 11,495,000 | |
| Investments & Other | 9,324,000 | 9,384,000 | 8,965,000 | 8,057,000 | |
| Debtors (Due After 1 year) | 258,000 | 19,000 | 77,000 | ||
| Total Fixed Assets | 31,137,000 | 29,701,000 | 23,456,000 | 19,604,000 | |
| Stock & work in progress | |||||
| Trade Debtors | 4,703,000 | 4,492,000 | 1,541,000 | 1,801,000 | |
| Group Debtors | 166,000 | 43,000 | 81,000 | ||
| Misc Debtors | 3,192,000 | 1,511,000 | 1,008,000 | 658,000 | |
| Cash | 14,670,000 | 8,328,000 | 5,780,000 | 2,820,000 | |
| misc current assets | |||||
| total current assets | 22,731,000 | 14,374,000 | 8,410,000 | 5,286,000 | |
| total assets | 53,868,000 | 44,075,000 | 31,866,000 | 24,890,000 | |
| Bank overdraft | 24,000 | 39,000 | 5,000 | ||
| Bank loan | |||||
| Trade Creditors | 177,000 | 144,000 | 99,000 | 58,000 | |
| Group/Directors Accounts | 119,000 | ||||
| other short term finances | |||||
| hp & lease commitments | 151,000 | ||||
| other current liabilities | 20,059,000 | 19,876,000 | 15,218,000 | 15,139,000 | |
| total current liabilities | 20,387,000 | 20,044,000 | 15,475,000 | 15,202,000 | |
| loans | 1,750,000 | ||||
| hp & lease commitments | 875,000 | ||||
| Accruals and Deferred Income | |||||
| other liabilities | 8,860,000 | 12,198,000 | 11,969,000 | 8,957,000 | |
| provisions | |||||
| total long term liabilities | 9,735,000 | 12,198,000 | 11,969,000 | 8,957,000 | |
| total liabilities | 30,122,000 | 32,242,000 | 27,444,000 | 24,159,000 | |
| net assets | 23,485,000 | 11,649,000 | 4,338,000 | 643,000 | |
| total shareholders funds | 23,485,000 | 11,649,000 | 4,338,000 | 643,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 13,791,000 | 7,567,000 | 3,227,000 | 11,000 | |
| Depreciation | 64,000 | 44,000 | 37,000 | 7,000 | |
| Amortisation | 98,000 | 56,000 | 24,000 | 16,000 | |
| Tax | -2,758,000 | -1,358,000 | 7,000 | 9,000 | |
| Stock | |||||
| Debtors | 2,254,000 | 3,358,000 | 248,000 | 2,459,000 | |
| Creditors | 33,000 | 45,000 | 41,000 | 58,000 | |
| Accruals and Deferred Income | 183,000 | 4,658,000 | 79,000 | 15,139,000 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | 9,157,000 | 7,654,000 | 3,167,000 | 12,781,000 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -60,000 | 419,000 | 908,000 | 8,057,000 | |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -119,000 | 119,000 | |||
| Other Short Term Loans | |||||
| Long term loans | 1,750,000 | ||||
| Hire Purchase and Lease Commitments | 1,026,000 | ||||
| other long term liabilities | -3,338,000 | 229,000 | 3,012,000 | 8,957,000 | |
| share issue | |||||
| interest | 19,000 | -80,000 | -30,000 | -6,000 | |
| cash flow from financing | -191,000 | 150,000 | 3,101,000 | 8,959,000 | |
| cash and cash equivalents | |||||
| cash | 6,342,000 | 2,548,000 | 2,960,000 | 2,820,000 | |
| overdraft | -24,000 | -15,000 | 34,000 | 5,000 | |
| change in cash | 6,366,000 | 2,563,000 | 2,926,000 | 2,815,000 |
ica (jv) ltd Credit Report and Business Information
Ica (jv) Ltd Competitor Analysis
Perform a competitor analysis for ica (jv) ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in W 8 area or any other competitors across 12 key performance metrics.
ica (jv) ltd Ownership
ICA (JV) LTD group structure
Ica (Jv) Ltd has 2 subsidiary companies.
Ultimate parent company
ICA (JV) LTD
11499614
2 subsidiaries
ica (jv) ltd directors
Ica (Jv) Ltd currently has 3 directors. The longest serving directors include Mr Edward Strachan (Aug 2018) and Mr Edward Strachan (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Strachan | England | 60 years | Aug 2018 | - | Director |
| Mr Edward Strachan | United Kingdom | 60 years | Aug 2018 | - | Director |
| Mrs Nadezda Griffith | England | 43 years | May 2021 | - | Director |
P&L
December 2023turnover
42.5m
+85%
operating profit
13.8m
+82%
gross margin
46.2%
+5.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
23.5m
+1.02%
total assets
53.9m
+0.22%
cash
14.7m
+0.76%
net assets
Total assets minus all liabilities
Similar Companies
ica (jv) ltd company details
company number
11499614
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RAWLINSON & HUNTER AUDIT LLP
address
125 kensington church street, london, W8 7LP
Bank
-
Legal Advisor
-
ica (jv) ltd 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 ica (jv) ltd.
ica (jv) ltd 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.
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ica (jv) ltd Companies House Filings - See Documents
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