Icax Limited

Icax Ltd, based in London, UK, is a small, active company established 25 years ago. With 14 employees and £546,039 in assets, it’s a well-established player in its sector. The company boasts a perfect 5.0 Google rating based on a single review, a testament to its customer service. Five directors and one owner manage the business, operating from a real address. Icax Ltd is a regular importer, specializing in electrical machinery and equipment, with nine months of import activity recorded.

The company's core business revolves around innovative heat pump systems and renewable energy solutions. Its website highlights a focus on ground source energy, heat networks, and sustainable heating for both residential and commercial properties. They manufacture air source heat pumps in Wales and offer design, installation, and maintenance services. The website also features a blog with articles on energy efficiency and sustainable practices. It’s clear they're targeting a market concerned with reducing carbon footprints and energy costs.

Financially, Icax Ltd shows a mixed picture. While fixed assets have increased dramatically – a 3,300% jump to £910,000 – current assets have fallen by 44% to £550,000. Cash reserves have also declined significantly, dropping 64% to £21,000. Creditors have increased by 45%, reaching £800,000, and trade debtors have decreased by 42%, suggesting a shift in payment cycles. 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 agility, but the decrease in cash and increase in liabilities warrants attention. The accounts are unaudited, which is typical for a small company of this type. It’s also worth noting that the company has seen a significant increase in intangible assets, indicating investment in its technology and intellectual property. Overall, Icax Ltd appears to be navigating a period of change, balancing growth with financial stability.

Registered in England/Wales under the registration number 03900983, with a registered address at SW15 1BN, London, 39 Dryburgh Road.

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