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.
- Status
- Active
- Location
- Watford, East of England
- Age
- 23 yrs · since 2003
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 34 | 34 | 34 | 27 |
| 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 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 |
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.
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.