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.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 208 | 248 | 251 |
| Ratios | |||
| Profit margin | 26.1% | 25.1% | 19.2% |
| Gross margin | 46.2% | 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 | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
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.
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 —
Group structure
Subsidiaries (1)
- I.t.e. Exhibitions & Conferences LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.