How much does I C Foods Ltd make?

I C Foods Ltd reported revenue of £2.9m and £265k profit in the year to 30 Nov 2023, according to its accounts filed at Companies House.

How many employees does I C Foods Ltd have?

I C Foods Ltd reported an average of 13 employees in the year to 30 Nov 2023.

Is I C Foods Ltd profitable?

Yes — I C Foods Ltd reported a profit of £265k in the year to 30 Nov 2023.

Company No. 13752260 · Incorporated 18 Nov 2021

I C Foods Ltd

Registered name: I C FOODS LTD

I C Foods Ltd made £2.9m revenue and £265k profit in the year to 30 Nov 2023.

I C Foods Ltd’s revenue grew 6% to £2.9m in the year to 30 Nov 2023, with £265k profit and 13 employees. The company is classified under “agents involved in the sale of a variety of goods” and is based in Doncaster; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46190Agents involved in the sale of a variety of goods SIC 46900Non-specialised wholesale trade

Status: Liquidation
Location: Doncaster, Yorkshire and The Humber
Age: 4 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 30 Nov 2023

Key figures

IndependentYoung and profitable

Revenue

£2.9m

Growth ▲5.7%

Profit

£265k

Growth ▼36.2%

Profit margin

9.2%

Gross 38.7%

Employees

Change ▲44.4%

Profit / employee

£20.4k

Revenue/employee £222k

Profitable streak

2yrs

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 to	30 Nov 2022	30 Nov 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.7m	£2.9m
Cost of sales	£1.5m	£1.8m
Gross profit	£1.2m	£1.1m
Operating profit	£527k	£305k
Profit before tax	£525k	£302k
Profit after tax	£416k	£265k
Profit (best available)	£416k	£265k
Employees (average)	9	13
Ratios
Profit margin	15.2%	9.2%
Gross margin	45%	38.7%
Revenue per employee	£304k	£222k
Profit per employee	£46.2k	£20.4k
Growth (year on year)
Revenue growth	—	▲5.7%
Profit growth	—	▼36.2%
Headcount growth	—	▲44.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£159k	£148k
Net assets	£416k	£681k
Fixed assets	£154k	£352k
Current assets	£409k	£421k
Debtors	£63.3k	£70.8k
Deferred income	—	£1k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 9.2%; Profit ÷ revenue.
Gross margin: 38.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £222k; Revenue ÷ average employees.
Profit per employee: £20.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.5%; 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: ▲64%; Now £681k
Cash at bank: ▼7%; Now £148k
Headcount: ▲44%; Now 13
Deferred income: —; Now £1k
Fixed assets: ▲129%; Now £352k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2023 (profit £265k), 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.