Icam Engineering Ltd.

Icam Engineering Ltd, based in Connah's Quay, Deeside, UK, is a small, active company with a rich history spanning 60 years. Founded in 1964, the firm employs 33 people and holds assets valued at £5,678,005. With five directors and a single owner, Davies Christopher James, the company operates from a real address and is registered with Companies House. It’s a regular importer of optical and medical tools and devices, with 101 months of import activity, and a regular exporter of iron or steel products, with 123 months of export activity.

The company’s website showcases its role as a total solution provider for vacuum gas and fluid handling products and systems, serving industries like semiconductor, pharmaceutical, aerospace, chemical, oil & gas, and water & wastewater. Icam specializes in high-integrity precursor delivery containers, including canisters, vessels, and ampoules, and offers a range of services like 3D engineering design, product development, and welding. They’ve been at the forefront of canister design, fabrication, testing, and certification since 1986.

Financially, Icam Engineering Ltd shows a mixed picture. Current assets decreased slightly, falling by 2%, to £5,700,000. However, net assets increased by 12% to £4,900,000. Bank borrowings have increased significantly, by 58%, to £1,900,000, while cash reserves have also risen by 58% to £1,900,000. Creditors decreased by 19%, suggesting improved debt management. 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 increase in bank borrowings could indicate investment in growth. With no auditor mentioned, the figures are unaudited.

The company’s focus on high-integrity components and specialized services suggests a strategy of targeting niche markets within the broader manufacturing sector. The increased bank borrowings could be related to expanding production capacity or investing in new equipment to meet growing demand. It’s likely that the company is seeing a lot of demand, but it’s important to keep an eye on their debt levels going forward.

Registered in England/Wales under the registration number 00827957, with a registered address at CH5 4DS, Connahs Quay Deeside, Flintshire, Dock Road, Dock Road Industrial Estate.

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