Icon Research Limited

  • Small
  • Active
  • 32 years
  • 5 employees
  • £2,081,104 (assets)
  • Real address
  • 3 directors
  • 2 owners
  • Regular importer
  • Regular exporter
  • Family business

Field of Operation

Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
26511 1477 companies

Website

Social media

Summary

Icon Research Ltd, based in West Lothian, UK, is a small, family-run company with an active status, celebrating 32 years in business. Employing five people, the company holds £2,081,104 in assets and operates from a real address. With three directors and two owners, it’s a tight-knit operation. The company regularly imports electrical machinery and equipment (26 months) and exports optical and medical tools and devices (121 months).

The company’s website showcases a focus on diesel engine performance analysis and vibration-based machinery condition monitoring. With over 30 years of experience, Icon Research’s products – the DOCTOR range, ITA, and WiVib – are well-regarded. The company offers state-of-the-art hardware solutions and user-friendly software, emphasizing customer satisfaction and a focus on what customers *really* want. Products include portable and online diesel engine analysers, condition monitoring systems, and vibration monitoring software. Recent news highlights trends in machinery health and the impact of electrical component shortages.

Financially, Icon Research Ltd shows a mixed picture. While cash reserves remained stable at £1,800,000, bank borrowings increased by 18% to £24,000. Creditors decreased by 28% to £69,000, suggesting improved debt management. Net assets rose by 5.1% to £2,200,000. The company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). There's no auditor mentioned, likely due to its small size. The company's focus on specialised equipment and services suggests a niche market, but the increase in borrowings warrants a closer look. It’s clear that Icon Research is a long-standing business, but it's still navigating the challenges of a competitive market.

Registered in Scotland under the registration number SC140865, with a registered address at EH53 0HY, West Lothian, 3 Raw Holdings, East Calder.

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

Owners & PSC

  • Edgar James Paul
  • 9 years
  • 2
  • 25%+
  • Edgar Seonaidh Anne Douglas
  • 9 years
  • 25%+

Managers

  • Edgar Seonaidh
  • 15 years
Secretary
  • Roe John Malcolm
  • 31 years
Marketing director
  • Edgar James Paul
  • 32 years
  • 1
Managing director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2024-10-16 with no updates
  2. Total exemption full accounts made up to 2023-12-31
  3. Confirmation statement made on 2023-10-16 with no updates

Importer profile by HS codes

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Last imported products

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Exporter profile by HS codes

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Last exported products

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Buy the list of 6798 UK B2B buyers of optical and medical tools and devices.
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