How much does Icmp Management Limited make?

Icmp Management Limited reported revenue of £13.7m and a loss of £478k in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does Icmp Management Limited have?

Icmp Management Limited reported an average of 294 employees in the year to 31 Aug 2023.

Is Icmp Management Limited profitable?

No — Icmp Management Limited reported a loss of £478k in the year to 31 Aug 2023.

Company No. 04780788 · Incorporated 29 May 2003

Icmp Management Limited

Registered name: ICMP MANAGEMENT LIMITED

Part of Ade UK Holding Limited group

Icmp Management Limited made £13.7m revenue and a £478k loss in the year to 31 Aug 2023.

Icmp Management Limited’s revenue was £13.7m in the year to 31 Aug 2023, with a loss of £478k and 294 employees. The company is classified under “first-degree level higher education” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85421First-degree level higher education SIC 85422Post-graduate level higher education

Status: Active
Location: London, London
Age: 23 yrs · since 2003
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Aug 2023

Key figures

Cash flow filed

Revenue

£13.7m

Growth —

Profit

−£478k

Growth —

Profit margin

−3.5%

Gross 64.5%

Employees

294

Change —

Profit / employee

−£1.6k

Revenue/employee £46.7k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 Aug 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.8m	£13.7m
Cost of sales	£3.3m	£4.9m
Gross profit	£6.5m	£8.9m
Operating profit	£342k	−£363k
Profit before tax	£50.7k	−£612k
Profit after tax	−£61.9k	−£478k
Profit (best available)	−£61.9k	−£478k
Staff costs	£5.6m	£7.8m
Employees (average)	227	294
Ratios
Profit margin	−0.6%	−3.5%
Gross margin	66.6%	64.5%
Revenue per employee	£43.2k	£46.7k
Profit per employee	−£273	−£1.6k
Cash conversion	926.7%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£3.5m	£3.3m
Net assets	£995k	£420k
Fixed assets	£3.6m	£7m
Current assets	£4.6m	£13.3m
Debtors	£524k	£9.5m
Deferred income	£3.3m	£16.4m
Cash from operations	£3.2m	£5.8m
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: −3.5%; Profit ÷ revenue.
Gross margin: 64.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £46.7k; Revenue ÷ average employees.
Profit per employee: −£1.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 50.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 119.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 69%; 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: —; Now £420k
Cash at bank: —; Now £3.3m
Headcount: —; Now 294
Deferred income: —; Now £16.4m
Fixed assets: —; Now £7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Ade UK Holding Limitedultimate parent75–100%
Icmp Management Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Icmp Online LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Aug 2023 (profit −£478k), from the Companies House accounts bulk data published Jan 2024. 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.