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Company No. 11499614 · Incorporated 3 Aug 2018

Ica (JV) Ltd

Registered name: ICA (JV) LTD

Ica (JV) Ltd made £53.3m revenue and £10.2m profit in the year to 31 Dec 2025.

Ica (JV) Ltd’s revenue fell 1% to £53.3m in the year to 31 Dec 2025, with £10.2m profit and 251 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
London, London
Age
8 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

Independent
Revenue
£53.3m
Growth ▼1.4%
Profit
£10.2m
Growth ▼24.7%
Profit margin
19.2%
Gross 41.2%
Employees
251
Change ▲1.2%
Profit / employee
£40.8k
Revenue/employee £212k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£42.5m£54.1m£53.3m
Cost of sales−£22.9m−£29.7m−£31.4m
Gross profit£19.6m£24.4m£22m
Operating profit£13.2m£15.6m£12.5m
Profit before tax£13.9m£17.3m£13.4m
Profit after tax£11.1m£13.6m£10.2m
Profit (best available)£11.1m£13.6m£10.2m
Employees (average)208248251
Ratios
Profit margin26.1%25.1%19.2%
Gross margin46.2%45.1%41.2%
Revenue per employee£204k£218k£212k
Profit per employee£53.4k£54.8k£40.8k
Growth (year on year)
Revenue growth—▲27.2%▼1.4%
Profit growth—▲22.3%▼24.7%
Headcount growth—▲19.2%▲1.2%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Jul 2025Accounts · bulk data Jul 2025Accounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
19.2%
Profit ÷ revenue.
Gross margin
41.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£212k
Revenue ÷ average employees.
Profit per employee
£40.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
▲1%
Now 251
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (1)

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

Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £10.2m), from the Companies House accounts bulk data published Jul 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.