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.
- Status
- Active
- Location
- Croydon, London
- Age
- 24 yrs · since 2001
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 16 | 19 | 21 |
| Ratios | |||
| Profit margin | 16.5% | 11.4% | 11.5% |
| Gross margin | 23.6% | 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 | — |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 |
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.
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
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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.