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Ikonic Technology Limited

06752963

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

P16 PARKLANDS, HEYWOOD, OL10 2TT
Incorporated 19/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
64209
Activities of other holding companies

Officers

Mr Jonathan Antoni Newman

director · Since 21/11/2008

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Mr Joshua David Goldstone

director · Since 01/06/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Christopher James Perry

director · Since 12/09/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Persons with Significant Control

Ikonic Technology Holdings Limited

75–100% shares
75–100% votes
Appoint directors

P16, Parklands, Heywood, OL10 2TT

Reg: 10504189 · Companies House · Private Limited Company

Notified 31/05/2023

Former PSCs

Jonathan Antoni Newman

Ceased 31/05/2023

Mr Antony Richard Levene

Ceased 27/02/2020

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/04/2026Registered 28/04/2026
Charge
outstanding

HSBC UK BANK PLC

Created 09/02/2024Registered 15/02/2024
Charge
satisfied

HSBC BANK PLC

Created 01/03/2018Registered 01/03/2018Satisfied 18/02/2026
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 03/10/2017Registered 03/10/2017
Charge
outstanding

HSBC BANK PLC

Created 07/10/2014Registered 13/10/2014
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 15/01/2009Registered 30/01/2009Satisfied 19/10/2016
charge
satisfied

DARREN ROSE

Created 15/01/2009Registered 21/01/2009Satisfied 23/08/2014
charge
satisfied

RICHARD HARRIS (THE SECURITY TRUSTEE)

Created 15/01/2009Registered 21/01/2009Satisfied 23/08/2014
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 15/01/2009Registered 17/01/2009Satisfied 19/10/2016

CompanyRankvs 11904+ SIC 62090 peers
53

Financial strength49th percentile among SIC peers · 12/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.96× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength12/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£680

Balance sheet strength

Cash

£1.9M

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£8.8M

Working capital

Current Assets

£18.0M

Current Liabilities

£9.2M

Fixed Assets

£327k

Debtors

£7.4M

Cost of Sales

£90.4M

Admin Expenses

£8.1M

Profit After Tax

£1.4M

101avg. employees+4

Tax at Year End

Dividends paid£2.9M

Director Loans(2022)

Company owes directors£1.5M
Directors owe company£491k

People Costs

Wages & salaries£4.3M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£2.5M
Assets less current liabilities£9.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.96
20232.13
20221.87

Derived from filed accounts. Not audited figures.