Ic Construction Limited

  • Small
  • Holding
  • Active
  • 25 years
  • 1 employee
  • £161,504 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Irregular importer

Field of Operation

Other building completion and finishing
43390 58349 companies

Social media

Summary

Ic Construction Limited, based in London, UK, is a small, holding company with an active status. Founded 25 years ago in 1999, the company employs just one person and holds £161,504 in assets. It has a real registered address and is managed by one director and one owner. Ic Construction is an irregular importer, primarily dealing in wood and wood products, with its last import operation occurring one month ago in May 2023.

The company operates within the other building completion and finishing industries. Its website, icconstruction.co.uk, is currently under construction, indicating a recent creation using clustered Linux web hosting. This suggests a possible refresh or rebrand of the company’s online presence, but currently offers little information to customers.

Financially, Ic Construction Limited presents a mixed picture. While the company’s assets have increased by a substantial 410% to £160,000, its equity has remained stagnant at -£380,000. Bank borrowings have increased significantly, reaching £360,000, and cash reserves have fallen by 61% to just £3,800. Creditors have also risen considerably, increasing by 28% to £560,000. The number of employees has doubled, from one to two, which could be a positive sign of growth, but it also adds to the company’s overhead. The company meets two of the three criteria to be considered small, with turnover under £10.2m and assets under £5.1m. No auditor is mentioned, likely due to the company’s small size.

Overall, Ic Construction Limited appears to be facing financial challenges, with a negative equity position and rising debts. While the increase in assets and employees suggests some level of activity, the company needs to carefully manage its liabilities to ensure its long-term viability.

Registered in England/Wales under the registration number 03813941, with a registered address at N4 3HQ, London, 13 Goodwin Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.

Owners & PSC

  • Dawnelia Group Ltd
  • 7 years
  • 3
  • 75%+

Managers

  • 9 years
  • 12
Property consultant

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Total exemption full accounts made up to 2024-03-31
  2. Confirmation statement made on 2024-07-12 with no updates
  3. Total exemption full accounts made up to 2023-03-31
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Importer profile by HS codes

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Last imported products

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