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Company No. 12960490 · Incorporated 19 Oct 2020

Identicare Limited

Registered name: IDENTICARE LIMITED

Part of Bridgepoint Group Holdings Limited group

Identicare Limited made £3.6m revenue and a £349k loss in the year to 31 Dec 2023.

Identicare Limited’s revenue grew 34% to £3.6m in the year to 31 Dec 2023, with a loss of £349k and 32 employees. The company is classified under “wholesale of electronic and telecommunications equipment and parts” and is based in York; we hold 2 years of its filed accounts.

Status
Active
Location
York, Yorkshire and The Humber
Age
5 yrs · since 2020
Type
Private Limited Company

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.

Latest accounts · year to 31 Dec 2023

Key figures

Revenue
£3.6m
Growth ▲33.8%
Profit
−£349k
Growth ▼291.8%
Profit margin
−9.7%
Gross 88.6%
Employees
32
Change ▲39.1%
Profit / employee
−£10.9k
Revenue/employee £113k
Profitable streak
0yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.7m£3.6m
Cost of sales£504k£413k
Gross profit£2.2m£3.2m
Operating profit£456k£234k
Profit before tax£237k−£239k
Profit after tax£182k−£349k
Profit (best available)£182k−£349k
Employees (average)2332
Ratios
Profit margin6.7%−9.7%
Gross margin81.4%88.6%
Revenue per employee£118k£113k
Profit per employee£7.9k−£10.9k
Growth (year on year)
Revenue growth—▲33.8%
Profit growth—▼291.8%
Headcount growth—▲39.1%
Balance sheet — indirect signals, not revenue
Net assets−£7m−£7.3m
Fixed assets£1.2m£951k
Current assets£2m£4.6m
Debtors£223k£283k
Deferred income£109k£901k
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024
Derived from the latest filing

How the business works

Profit margin
−9.7%
Profit ÷ revenue.
Gross margin
88.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£113k
Revenue ÷ average employees.
Profit per employee
−£10.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
26.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
24.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.8%
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 −£7.3m
Cash at bank
—
Now —
Headcount
▲39%
Now 32
Deferred income
▲727%
Now £901k
Fixed assets
▼24%
Now £951k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Bridgepoint Group Holdings Limitedultimate parent75–100%
  2. Bridgepoint Advisers Group Limited75–100%
  3. Bridgepoint Advisers Holdings75–100%
  4. BG II Nominees Limited75–100%
  5. Identi Topco Limited75–100%
  6. Identi Midco Limited75–100%
  7. Identi Lower Midco Limited75–100%
  8. Identi Bidco Limited75–100%
  9. Identicare Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£349k), from the Companies House accounts bulk data published Oct 2024. 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.