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Ikonic Properties Limited

10362920

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

45 SIMONSIDE TERRACE, NEWCASTLE UPON TYNE, NE6 5JY
Incorporated 07/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mrs Micky Sehgal

director · Since 07/09/2016

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Mr Sushil Kumar Stephen Sehgal

director · Since 07/09/2016

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Mrs Micky Sehgal

25–50% shares
25–50% votes

British · United Kingdom · Age 66

45 Simonside Terrace, Newcastle Upon Tyne, NE6 5JY

Notified 07/09/2016

Mr Sushil Kumar Stephen Sehgal

25–50% shares
25–50% votes

British · United Kingdom · Age 67

45 Simonside Terrace, Newcastle Upon Tyne, NE6 5JY

Notified 07/09/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 10/09/2019Registered 11/09/2019
Charge
outstanding

LLOYDS BANK PLC

Created 17/07/2018Registered 25/07/2018
Charge
outstanding

LLOYDS BANK PLC

Created 16/07/2018Registered 24/07/2018

CompanyRankvs 18801+ SIC 68320 peers
53

Financial strength95th percentile among SIC peers · 24/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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18801Ikonic Properties Limited
62
How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 pts

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

Liquidity2/20 pts

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

Longevity10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£369k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£120k

Current Liabilities

£1.3M

Fixed Assets

£2.8M

Debtors

£77k

Profit After Tax

£43k

2avg. employees

Tax at Year End

Corp tax£21k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£46k
20240.07+£47k
20230.07+£62k
20220.08+£66k
20210.07+£60k
20200.02+£54k
20190.02—

Derived from filed accounts. Not audited figures.