IKM TESTING UK LIMITED
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Cash
£5M
+10.7% highest in 3 filed years
Net assets
£17M
+9.3% highest in 3 filed years
Employees
224
+45.5% highest in 3 filed years
Profit before tax
£4.5M
+27% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £26,189,141 | £32,761,567 | £43,180,829 | +31.8% | |
| Operating profit | £1,941,015 | £3,505,192 | £4,503,784 | +28.5% | |
| Profit before tax | £2,071,399 | £3,540,704 | £4,497,155 | +27% | |
| Net profit | £1,575,741 | £2,615,395 | £3,487,444 | +33.3% | |
| Cash | £3,702,458 | £4,548,093 | £5,036,804 | +10.7% | |
| Total assets less current liabilities | £16,146,306 | £16,331,473 | £17,816,867 | +9.1% | |
| Net assets | £15,580,539 | £15,989,759 | £17,476,953 | +9.3% | |
| Equity | £15,580,539 | £15,989,759 | £17,476,953 | +9.3% | |
| Average employees | 171 | 154 | 224 | +45.5% | |
| Wages | £11,080,106 | £13,279,777 | £14,528,496 | +9.4% | |
| Directors' remuneration | £159,599 | £171,672 | £193,892 | +12.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 7.4% | 10.7% | 10.4% | |
| Net margin | 6.0% | 8.0% | 8.1% | |
| Return on capital employed | 12.0% | 21.5% | 25.3% | |
| Gearing (liabilities / total assets) | 20.8% | 21.8% | 25.8% | |
| Current ratio | 4.56x | 4.13x | 3.43x | |
| Interest cover | 17.92x | — | 63.48x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- IKM TESTING UK LIMITED 1999-06-01 → present
- IKM KENTONS PIPELINE TESTING SERVICES LIMITED 1998-02-09 → 1999-06-01
- DIRECTFLEX LIMITED 1997-11-18 → 1998-02-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Audit & Accountancy Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MEINICH BACHE, Erling | Secretary | 2005-08-15 | — | Norwegian |
| KYLLINGSTAD, Stale | Director | 2018-08-31 | Jul 1960 | Norwegian |
| PERKIN, Anthony Stephen | Director | 2008-04-05 | Nov 1957 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GJERDE, Orjan | Secretary | 2000-04-29 | 2005-08-15 |
| JAMES, John Nicholas | Secretary | 1998-01-08 | 1998-01-09 |
| SELMER, Per Jan | Secretary | 1998-01-09 | 1999-01-01 |
| JL NOMINEES TWO LIMITED | Corporate Nominee Secretary | 1997-11-18 | 1998-01-08 |
| HAUGLAND, Vidar | Director | 1998-01-08 | 2005-06-01 |
| KINGSNORTH, Stephen | Director | 2005-05-01 | 2018-08-31 |
| KYLLINGSTAD, Stale | Director | 1998-01-09 | 2015-12-15 |
| JL NOMINEES ONE LIMITED | Corporate Nominee Director | 1997-11-18 | 1998-01-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stale Kyllingstad | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 99 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-19 | AA | accounts | Accounts with accounts type full | |
| 2025-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-28 | AA | accounts | Accounts with accounts type full | |
| 2024-03-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-19 | AA | accounts | Accounts with accounts type full | |
| 2022-11-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-30 | AA | accounts | Accounts with accounts type full | |
| 2021-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-04 | AA | accounts | Accounts with accounts type full | |
| 2021-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-31 | AA | accounts | Accounts with accounts type full | |
| 2019-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-07-02 | AA | accounts | Accounts with accounts type full | |
| 2018-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-11-28 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2018-08-31 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.