Kick Ict Group Limited

Kick Ict Group Ltd, based in Bellshill, UK, is a holding company with an active status, established ten years ago in April 2015. Employing 167 people, the company holds assets valued at £6,478,918. With four directors and one owner, it operates from a real address and boasts a stellar 5.0 Google rating based on six reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts, with the last import operation occurring three months ago.

The company’s website showcases a wide range of IT services and solutions. It’s a provider of Microsoft Dynamics, Infor ERP Finance, and Pegasus enhancements, alongside communications, IT services, and cyber security solutions. They cater to various industries, including housing, construction, education, and charities. The website also highlights the company’s focus on Microsoft’s Modern Workplace and Azure cloud services. It's clear Kick Ict Group Ltd is a multifaceted IT provider, not just a reseller.

Financially, Kick Ict Group Ltd presents a mixed picture. While cash bank on hand increased significantly by 230% to £2.9 million, net assets decreased by 16% to £5.3 million. Bank borrowings were eliminated entirely, a positive sign, but accrued liabilities rose by 2.8% to £850,000. The company's net loss increased by 150% to £1.1 million. Trade debtors increased by 24% to £3.5 million, which could indicate difficulties collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. The accounts were audited by Robb Ferguson, and the unaudited figures rely on director-reported data.

Overall, Kick Ict Group Ltd appears to be navigating a period of change, with strong cash reserves offset by rising liabilities and a significant net loss. The company’s diverse service offerings and focus on key partnerships suggest a solid foundation for future growth, but careful management of its financial position will be crucial.

Registered in Scotland under the registration number SC503166, with a registered address at ML4 3NJ, Scotland, Bellshill, Solais House 19 Phoenix Crescent, Strathclyde Business Park.

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