ic engineering consultants ltd
ic engineering consultants ltd Company Information
Company Number
11725569
Next Accounts
Sep 2025
Directors
Shareholders
bassam izzuddin
ivo calio
Group Structure
View All
Industry
Technical testing and analysis
+3Registered Address
21 heath drive, sutton, SM2 5RP
Website
-ic engineering consultants ltd Estimated Valuation
Pomanda estimates the enterprise value of IC ENGINEERING CONSULTANTS LTD at £31.2k based on a Turnover of £72.8k and 0.43x industry multiple (adjusted for size and gross margin).
ic engineering consultants ltd Estimated Valuation
Pomanda estimates the enterprise value of IC ENGINEERING CONSULTANTS LTD at £33.3k based on an EBITDA of £9.6k and a 3.47x industry multiple (adjusted for size and gross margin).
ic engineering consultants ltd Estimated Valuation
Pomanda estimates the enterprise value of IC ENGINEERING CONSULTANTS LTD at £54.7k based on Net Assets of £20.9k and 2.61x industry multiple (adjusted for liquidity).
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Ic Engineering Consultants Ltd Overview
Ic Engineering Consultants Ltd is a live company located in sutton, SM2 5RP with a Companies House number of 11725569. It operates in the architectural activities sector, SIC Code 71111. Founded in December 2018, it's largest shareholder is bassam izzuddin with a 50% stake. Ic Engineering Consultants Ltd is a young, micro sized company, Pomanda has estimated its turnover at £72.8k with rapid growth in recent years.
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Ic Engineering Consultants Ltd Health Check
Pomanda's financial health check has awarded Ic Engineering Consultants Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £72.8k, make it smaller than the average company (£2.7m)
- Ic Engineering Consultants Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (6%)
- Ic Engineering Consultants Ltd
6% - Industry AVG
Production
with a gross margin of 24.1%, this company has a higher cost of product (38.6%)
- Ic Engineering Consultants Ltd
38.6% - Industry AVG
Profitability
an operating margin of 13.2% make it more profitable than the average company (5.8%)
- Ic Engineering Consultants Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
- Ic Engineering Consultants Ltd
26 - Industry AVG
Pay Structure
on an average salary of £52.2k, the company has an equivalent pay structure (£52.2k)
- Ic Engineering Consultants Ltd
£52.2k - Industry AVG
Efficiency
resulting in sales per employee of £72.8k, this is less efficient (£104.1k)
- Ic Engineering Consultants Ltd
£104.1k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (72 days)
- Ic Engineering Consultants Ltd
72 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ic Engineering Consultants Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ic Engineering Consultants Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ic Engineering Consultants Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.4%, this is a lower level of debt than the average (54.2%)
7.4% - Ic Engineering Consultants Ltd
54.2% - Industry AVG
IC ENGINEERING CONSULTANTS LTD financials
Ic Engineering Consultants Ltd's latest turnover from December 2023 is estimated at £72.8 thousand and the company has net assets of £20.9 thousand. According to their latest financial statements, we estimate that Ic Engineering Consultants Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | |||||
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | |||||
| Stock & work in progress | |||||
| Trade Debtors | 22,582 | 16,816 | 4,538 | 9,635 | 18,298 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 22,582 | 16,816 | 4,538 | 9,635 | 18,298 |
| total assets | 22,582 | 16,816 | 4,538 | 9,635 | 18,298 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 4,617 | ||||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 4,617 | ||||
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 1,671 | 3,092 | |||
| provisions | |||||
| total long term liabilities | 1,671 | 3,092 | |||
| total liabilities | 1,671 | 3,092 | 4,617 | ||
| net assets | 20,911 | 13,724 | 4,538 | 9,635 | 13,681 |
| total shareholders funds | 20,911 | 13,724 | 4,538 | 9,635 | 13,681 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 5,766 | 12,278 | -5,097 | -8,663 | 18,298 |
| Creditors | -4,617 | 4,617 | |||
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -1,421 | 3,092 | |||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
ic engineering consultants ltd Credit Report and Business Information
Ic Engineering Consultants Ltd Competitor Analysis
Perform a competitor analysis for ic engineering consultants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SM2 area or any other competitors across 12 key performance metrics.
ic engineering consultants ltd Ownership
IC ENGINEERING CONSULTANTS LTD group structure
Ic Engineering Consultants Ltd has no subsidiary companies.
Ultimate parent company
IC ENGINEERING CONSULTANTS LTD
11725569
ic engineering consultants ltd directors
Ic Engineering Consultants Ltd currently has 1 director, Professor Bassam Izzuddin serving since Dec 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Professor Bassam Izzuddin | 59 years | Dec 2018 | - | Director |
P&L
December 2023turnover
72.8k
+38%
operating profit
9.6k
0%
gross margin
24.1%
-3.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
20.9k
+0.52%
total assets
22.6k
+0.34%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ic engineering consultants ltd company details
company number
11725569
Type
Private limited with Share Capital
industry
71200 - Technical testing and analysis
71121 - Engineering design activities for industrial process and production
71122 - Engineering related scientific and technical consulting activities
incorporation date
December 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
21 heath drive, sutton, SM2 5RP
Bank
-
Legal Advisor
-
ic engineering consultants 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 ic engineering consultants ltd.
ic engineering consultants 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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ic engineering consultants ltd Companies House Filings - See Documents
| date | description | view/download |
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