Icon Clinical (UK) Limited
Registered name: ICON CLINICAL (UK) LIMITED
Part of Icon Plc groupIcon Clinical (UK) Limited made £292m revenue and £64.4m profit in the year to 31 Dec 2024.
Icon Clinical (UK) Limited’s revenue fell 16% to £292m in the year to 31 Dec 2024, with £64.4m profit and 1,371 employees. The company is classified under “data processing, hosting and related activities” and is based in Reading; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Reading
- Age
- 30 yrs · since 1996
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £695m | £346m | £292m |
| Cost of sales | −£562m | −£215m | −£202m |
| Gross profit | £133m | £131m | £89.5m |
| Operating profit | £102m | £59m | £68.3m |
| Profit before tax | £217m | £84.5m | £85.3m |
| Profit after tax | £195m | £67.1m | £64.4m |
| Profit (best available) | £195m | £67.1m | £64.4m |
| Employees (average) | 1,683 | 1,588 | 1,371 |
| Ratios | |||
| Profit margin | 28.1% | 19.4% | 22.1% |
| Gross margin | 19.1% | 37.8% | 30.7% |
| Revenue per employee | £413k | £218k | £213k |
| Profit per employee | £116k | £42.2k | £47k |
| Growth (year on year) | |||
| Revenue growth | — | ▼50.2% | ▼15.6% |
| Profit growth | — | ▼65.6% | ▼4% |
| Headcount growth | — | ▼5.6% | ▼13.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Mar 2025 | Accounts · bulk data Mar 2025 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 22.1%
- Profit ÷ revenue.
- Gross margin
- 30.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £213k
- Revenue ÷ average employees.
- Profit per employee
- £47k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼14%
- Now 1,371
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Icon Plc (registered outside the UK register)ultimate parent75–100%
- Icon Clinical Research Holdings (U.K.) Limited50–75%
- Icon Clinical Research (U.K.) Limited75–100%
- Icon Clinical (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Imp Logistics UK LimitedFigures not disclosed
Sister companies (6)
- VSK (Kenilworth) LimitedRev. £0 · Profit £391
- Aptiv Solutions (UK) LtdFigures not disclosed
- Docs International UK LimitedFigures not disclosed
- Icon Clinical Research (U.K.) No. 2 LimitedFigures not disclosed
- Icon Clinical Research (U.K.) No. 3 LimitedFigures not disclosed
- Icon Development Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £64.4m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.