I C Innovations Limited
- Active
- Small
- 21 years
- 7 employees
- £1,427,845 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 1 owner
- Solo founder
- Sheffield
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Ic Innovations Ltd, based in Sheffield, UK, is a small, active company founded 20 years ago. Employing eleven people, it holds £1,823,430 in assets and operates from a real address. With two directors and a solo founder, the company has been importing toys, games, and sports equipment for 40 months, and exporting essential oils and perfumes for eight months.
The company's website showcases a diverse range of activities. Ic Innovations acts as a distributor and brand licensor, offering design and development services, and even operates a trade shop. It has offices in Sheffield, Shanghai, and Guangzhou, indicating a global reach. A newsletter signup suggests a focus on customer engagement and promotion of upcoming offers. The site also highlights partnerships with Prototype Creative for responsive web design.
Financially, Ic Innovations Ltd presents a mixed picture. Accumulated amortisation impairment for intangible assets increased by 100%, while depreciation for property, plant, and equipment rose by 6.9%. However, the number of average employees during the period decreased by 36%, dropping to just seven. Bank borrowings decreased by 3.2%, and cash bank on hand fell by 3.3%. Creditors increased significantly by 47%, while trade debtors rose by 73%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in average employees may indicate restructuring or operational changes. The unaudited figures, without an auditor mentioned, rely on director-reported data.
Overall, Ic Innovations Ltd seems to be navigating a period of transition. While its import and export activities continue, the financial data suggests a need for careful management of cash flow and debt.
Registered in England/Wales under the registration number 05139849, with a registered address at S4 7WW, Sheffield, South Yorkshire, Albion Works, 10 Attercliffe Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
- 4
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 11 pages pdf report
-
Confirmation statement made on 2025-05-27 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
I C Innovations Limited controls
Owns & Controls
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Manages
-
Corporate
- 3 years
-
Resident of United Kingdom
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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