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Company No. 04843321 · Incorporated 23 Jul 2003

Icw Powermode Limited

Registered name: ICW POWERMODE LIMITED

Icw Powermode Limited made £9m revenue and £511k profit in the year to 31 Mar 2025. read from filing text

Icw Powermode Limited’s revenue fell 20% to £9m in the year to 31 Mar 2025, with £511k profit and 27 employees. The company is classified under “other professional, scientific and technical activities” and is based in Watford; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
Watford, East of England
Age
23 yrs · since 2003
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£9m
Growth ▼20.4%
Profit
£511k
Growth —
Profit margin
5.7%
Gross 30.8%
Employees
27
Change ▼20.6%
Profit / employee
£18.9k
Revenue/employee £334k
Profitable streak
1yr
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£14.7m£11.3m£9m
Cost of sales—£11.5m£11.3m£6.2m
Gross profit—£3.2m£5.5k£2.8m
Operating profit—£769k−£2.5m£724k
Profit before tax—£760k−£2.5m£720k
Profit after tax—£584k−£1.9m£511k
Profit (best available)—£584k−£1.9m£511k
Staff costs—£1.8m£1.9m£1.4m
Employees (average)34343427
Ratios
Profit margin—4%−16.9%5.7%
Gross margin—21.9%0.1%30.8%
Revenue per employee—£433k£333k£334k
Profit per employee—£17.2k−£56.5k£18.9k
Cash conversion—126.2%—−120.3%
Growth (year on year)
Revenue growth——▼23%▼20.4%
Profit growth——▼428.7%—
Headcount growth—0%0%▼20.6%
Balance sheet — indirect signals, not revenue
Cash at bank£1.7m£448k£226k£1m
Net assets£5m£5.6m£3.7m£4.2m
Fixed assets£176k£139k£75.8k£63.4k
Current assets£7.5m£10.7m£6.7m£5.7m
Debtors£534k£4.8m£1.8m£731k
Deferred income—£365k£27.5k£107k
Cash from operations—£970k£16.7k−£871k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2025
Derived from the latest filing

How the business works

Profit margin
5.7%
Profit ÷ revenue.
Gross margin
30.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£334k
Revenue ÷ average employees.
Profit per employee
£18.9k
Profit ÷ average employees.
Cash conversion
−120.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8.1%
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
▲14%
Now £4.2m
Cash at bank
▲344%
Now £1m
Headcount
▼21%
Now 27
Deferred income
▲288%
Now £107k
Fixed assets
▼16%
Now £63.4k

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

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £511k), from the Companies House accounts bulk data published Jul 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.