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Icare24 Group Limited

11351323

active
Private Limited Company
england wales
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

SUITE 1, AQUEOUS II, BIRMINGHAM, B6 5RQ
Incorporated 09/05/2018

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/05/2026

Due 22/05/2027

On track

Industry

64209
Activities of other holding companies

Officers

Mr Nirvair Singh

director · Since 09/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Mr David Gurdit Singh Swali

director · Since 09/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Mr John Gurdeep Singh Swali

director · Since 09/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Mr Simon Gurjeet Singh Swali

director · Since 09/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 8 other boards

Mr Bobby Gurpreet Singh Swali

director · Since 04/02/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 9 other boards

Persons with Significant Control

Marva Group Limited

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

Unit D, Ludgate Court, Water Street, Birmingham, B3 1EP

Reg: 14968025 · Companies House · Limited By Shares

Notified 09/02/2024

Former PSCs

Mr David Gurdit Singh Swali

Ceased 12/01/2024

Mr John Gurdeep Singh Swali

Ceased 12/01/2024

Mr Simon Gurjeet Singh Swali

Ceased 12/01/2024

Swali Investments & Holdings Ltd

Ceased 09/02/2024

Mr Nirvair Singh

Ceased 09/02/2024

Charges4 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 08/12/2022Registered 13/12/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED CO. NO. 10825314

Created 15/10/2020Registered 16/10/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED CO. NO. 10825314

Created 08/10/2020Registered 12/10/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/06/2020Registered 08/07/2020
Charge
satisfied

ULTIMATE FINANCE LIMITED

Created 19/07/2019Registered 22/07/2019Satisfied 20/05/2022

CompanyRankvs 3614+ SIC 64209 peers
62

Financial strength89th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.38× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity12/20 pts

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

Longevity8/15 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

£1.5M

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£908k

Working capital

Current Assets

£3.3M

Current Liabilities

£2.4M

Fixed Assets

£902k

Debtors

£3.3M

17avg. employees-45

Tax at Year End

Corp tax£249k

People Costs(2024)

Wages & salaries£1.7M
NI contributions£133k

Balance Sheet

Intangible assets£9k
Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.38-£901k
20242.28+£26k
20226.33+£2.3M
20210.71

Derived from filed accounts. Not audited figures.