Icw Insurance Services Ltd
Registered name: ICW INSURANCE SERVICES LTD
Part of Icw Group Holdings Ltd groupIcw Insurance Services Ltd made £30.7m revenue and £2.6m profit in the year to 30 Sep 2025.
Icw Insurance Services Ltd’s revenue fell 4% to £30.7m in the year to 30 Sep 2025, with £2.6m profit and 48 employees. The company is classified under “non-life insurance” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 9 yrs · since 2017
- 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.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £29.9m | £28.3m | £31.9m | £30.7m |
| Cost of sales | £25.9m | £25m | £27.8m | £26.3m |
| Gross profit | £4.1m | £3.3m | £4.1m | £4.4m |
| Profit before tax | £2.5m | £1.6m | £2.6m | £3m |
| Profit after tax | £2m | £1.3m | £1.7m | £2.6m |
| Profit (best available) | £2m | £1.3m | £1.7m | £2.6m |
| Staff costs | £2.1m | £2.1m | £2.2m | £2.2m |
| Employees (average) | 49 | 47 | 48 | 48 |
| Ratios | ||||
| Profit margin | 6.9% | 4.7% | 5.4% | 8.5% |
| Gross margin | 13.6% | 11.6% | 12.8% | 14.3% |
| Revenue per employee | £611k | £601k | £664k | £640k |
| Profit per employee | £41.8k | £28k | £35.6k | £54.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼5.6% | ▲12.7% | ▼3.5% |
| Profit growth | — | ▼35.8% | ▲29.9% | ▲52.6% |
| Headcount growth | — | ▼4.1% | ▲2.1% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.6m | £3.7m | £4.3m | £3.5m |
| Net assets | £2.2m | £2.5m | £4.2m | £1.6m |
| Fixed assets | £13.9k | £40.8k | £8.6k | £6k |
| Current assets | £5.7m | £6m | £8.7m | £4.4m |
| Debtors | £415k | £284k | £191k | £135k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 8.5%
- Profit ÷ revenue.
- Gross margin
- 14.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £640k
- Revenue ÷ average employees.
- Profit per employee
- £54.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- 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
- ▼61%
- Now £1.6m
- Cash at bank
- ▼19%
- Now £3.5m
- Headcount
- 0%
- Now 48
- Deferred income
- —
- Now —
- Fixed assets
- ▼30%
- Now £6k
Group structure
Ownership chain
- Icw Group Holdings Ltdultimate parent75–100%
- Icw Insurance Services Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Icw Technical Services LtdRev. £14.4m · Profit £3.6m
- Mandon Software LimitedRev. £437k · Profit −£391k
- Icw Building Control LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £2.6m), 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.