Iic Technologies Limited

Iic Technologies Limited, based in York, UK, is a small, family-run business with an active status. Founded 32 years ago in 1992, the company employs 33 people and holds £2,373,596 in assets. It operates from a real address at The Catalyst York Science Park, Baird Lane, and is led by four directors and two owners. The business regularly imports optical and medical tools and devices (5 months of import activity), and occasionally exports them (1 month).

Iic Technologies is a global provider of geospatial solutions and services, specializing in mapping, measuring, modeling, and visualisation. Its website highlights a range of services catering to industries like defense, marine, aeronautics, and government, offering software solutions, training, and consulting. The company also provides services to heritage sites, helping preserve and promote historical monuments. The website even showcases news and events, including recognition in international diplomacy for its training programs.

Financially, Iic Technologies’ recent performance shows some concerning trends. Cash reserves have fallen by 42%, dropping to £620,000, while current assets have decreased by 16% to £2,400,000. Bank borrowings have increased significantly, and trade debtors have plummeted by 87%, suggesting potential issues with customer payments. However, creditors have decreased by 29%, which could indicate 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 sharp decline in equity—from £1.1 million to £1.2 million—raises questions. With no auditor mentioned, the figures are unaudited.

Overall, Iic Technologies appears to be facing some financial headwinds, despite its strong industry focus and global reach. It's clear that the company is working hard to maintain its position, but the future remains uncertain.

Registered in England/Wales under the registration number 02746976, with a registered address at YO10 5GA, York, North Yorkshire, The Catalyst York Science Park, Baird Lane.

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