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Company No. 04319375 · Incorporated 8 Nov 2001

Icuk Computing Services Ltd

Registered name: ICUK COMPUTING SERVICES LTD

Icuk Computing Services Ltd made £20.2m revenue and £2.3m profit in the year to 31 Jan 2025. read from filing text

Icuk Computing Services Ltd’s revenue grew 15% to £20.2m in the year to 31 Jan 2025, with £2.3m profit and 21 employees. The company is classified under “other information technology service activities” and is based in Croydon; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
Status
Active
Location
Croydon, London
Age
24 yrs · since 2001
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentCapital-lightOperating leverage
Revenue
£20.2m
Growth ▲14.8%
Profit
£2.3m
Growth ▲15.6%
Profit margin
11.5%
Gross 24.3%
Employees
21
Change ▲10.5%
Profit / employee
£111k
Revenue/employee £962k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202331 Jan 202431 Jan 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£15.5m£17.6m£20.2m
Cost of sales£11.9m£13.4m£15.3m
Gross profit£3.7m£4.2m£4.9m
Operating profit£3.1m£2.5m£2.9m
Profit before tax£3m£2.5m£3m
Profit after tax£2.6m£2m£2.3m
Profit (best available)£2.6m£2m£2.3m
Staff costs£1.2m£1.4m—
Employees (average)161921
Ratios
Profit margin16.5%11.4%11.5%
Gross margin23.6%23.8%24.3%
Revenue per employee£970k£926k£962k
Profit per employee£160k£106k£111k
Cash conversion−64.8%−117.8%—
Growth (year on year)
Revenue growth—▲13.3%▲14.8%
Profit growth—▼21.4%▲15.6%
Headcount growth—▲18.8%▲10.5%
Balance sheet — indirect signals, not revenue
Cash at bank£2.2m£2.5m£2.6m
Net assets£2m£2.4m£2.9m
Fixed assets£2.1m£1.9m£1.8m
Current assets£2.3m£2.7m£2.9m
Debtors£40.1k£44.9k£193k
Deferred income£165k£71.3k—
Cash from operations−£2m−£2.9m—
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025
Derived from the latest filing

How the business works

Profit margin
11.5%
Profit ÷ revenue.
Gross margin
24.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£962k
Revenue ÷ average employees.
Profit per employee
£111k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲18%
Now £2.9m
Cash at bank
▲5%
Now £2.6m
Headcount
▲11%
Now 21
Deferred income
—
Now —
Fixed assets
▼2%
Now £1.8m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £2.3m), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.