I C Holdings Limited
Registered name: I C HOLDINGS LIMITED
I C Holdings Limited made £17.5m revenue and £773k profit in the year to 30 Sep 2025.
I C Holdings Limited’s revenue grew 22% to £17.5m in the year to 30 Sep 2025, with £773k profit and 82 employees. The company is classified under “activities of head offices” and is based in Dartmouth; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Dartmouth, South West
- Age
- 20 yrs · since 2005
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £14.4m | £17.5m |
| Cost of sales | £11.3m | £13.1m |
| Gross profit | £3.2m | £4.5m |
| Operating profit | £107k | £1.5m |
| Profit before tax | £26.4k | £1.4m |
| Profit after tax | £505k | £773k |
| Profit (best available) | £505k | £773k |
| Staff costs | £3.5m | £4.1m |
| Employees (average) | 82 | 82 |
| Ratios | ||
| Profit margin | 3.5% | 4.4% |
| Gross margin | 22% | 25.6% |
| Revenue per employee | £176k | £214k |
| Profit per employee | £6.2k | £9.4k |
| Cash conversion | 2028% | 36.1% |
| Growth (year on year) | ||
| Revenue growth | — | ▲21.5% |
| Profit growth | — | ▲52.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £150k | £170k |
| Net assets | £1.7m | £1.5m |
| Fixed assets | £3.6m | £3.4m |
| Current assets | £244k | £558k |
| Debtors | £1.3m | £1.3m |
| Deferred income | £10.3k | £12.8k |
| Cash from operations | £2.2m | £536k |
| Source | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 4.4%
- Profit ÷ revenue.
- Gross margin
- 25.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £214k
- Revenue ÷ average employees.
- Profit per employee
- £9.4k
- Profit ÷ average employees.
- Cash conversion
- 36.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.7%
- 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
- ▼7%
- Now £1.5m
- Cash at bank
- ▲13%
- Now £170k
- Headcount
- 0%
- Now 82
- Deferred income
- ▲24%
- Now £12.8k
- Fixed assets
- ▼4%
- Now £3.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Ribeye Ltd.Rev. £17.5m · Profit £1.6m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £773k), from the Companies House accounts bulk data published Jun 2026. 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.