Ikon Test Solutions Limited

Ikon Test Solutions Limited, based in Reading, UK, is a small, holding company with an active status. Founded sixteen years ago in 2008, it employs six people and operates from a real address, managed by two directors and three owners. The company is irregular importer of optical and medical tools and devices, with just one month of import activity recorded, and a regular exporter, boasting thirty-nine months of export activity. It's a small company, meeting two of three conditions for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, while not providing detailed information, suggests a focus on the manufacture of electronic industrial process control equipment. It’s unclear if they have an e-commerce presence, but the focus on specialized equipment points to a business-to-business model rather than direct consumer sales.

Financially, Ikon Test Solutions Limited presents a mixed picture. Cash bank on hand has increased significantly by 120%, reaching £350,000, a positive sign of improved liquidity. However, debtors have fallen dramatically by 51%, dropping to £120,000, which could indicate difficulties collecting payments or a deliberate shift in credit policies. Creditors have also decreased by 11%, to £140,000. Equity has increased by 23%, reaching £540,000, while net assets and liabilities have also increased by 23%. Property, plant, and equipment remains relatively stable, though plant and machinery has decreased slightly. The company’s small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

Overall, Ikon Test Solutions Limited appears to be financially stable, with growing assets and cash reserves. The decrease in debtors is a potential concern, but the company’s focus on specialized equipment and its growth in cash reserves suggest it’s well-positioned for continued success. It’s a solid, if somewhat quiet, operation.

Registered in England/Wales under the registration number 06627387, with a registered address at RG30 1EA, England, Reading, Berkshire, 24b Portman Road.

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