Icon Lifesaver Limited

Icon Lifesaver Limited, based in Colchester, UK, is a small holding company with an active status. Founded nine years ago in 2015, it employs sixteen people and holds £677,576 in assets. The company operates from a real address and is led by one director and one owner. Icon Lifesaver is a regular importer and exporter of machinery, boilers, and mechanical appliances, including parts, with 35 months of import activity and 37 months of export activity recorded.

The company’s website, infoiconlifesaver.com, showcases its core business: the design, manufacture, and sale of portable water purification devices. It markets these devices under the brand “LifeSaver,” emphasizing their ability to remove microbiological impurities and provide safe drinking water in various outdoor and emergency situations. The site features a wide range of products, from bottles and wayfarers to jerrycans and community emergency preparedness kits, catering to diverse needs. It also highlights its commitment to sustainability, with a focus on reducing plastic waste through refillable cartridges. The website has a lot of different currencies listed, which is a little confusing.

Financially, Icon Lifesaver Limited’s recent report shows some concerning trends. Accumulated amortisation and depreciation have increased, indicating a decline in the value of its intangible and tangible assets. Amounts owed by group undertakings have risen, and amounts owed to related parties have increased significantly. Cash bank on hand has plummeted by 80%, dropping to just £20,000. Creditors have also increased, and trade debtors have fallen. The company’s net assets have decreased by 13%, to -£5.1 million. The decrease in cash and increase in debt suggest the company is burning through cash reserves, which could be a sign of financial strain. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does allow for flexibility, but the negative equity is a worry. There’s no mention of an auditor, which is likely due to its status as a small company and exemption from an audit.

Registered in England/Wales under the registration number 09778295, with a registered address at CO6 1EH, England, Colchester, Essex, Icon Lifesaver Hall Chase London Road, Marks Tey.

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