IC 107 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-07
Overdue
Watchouts
Cash
£2M
+9.7% highest in 5 filed years
Net assets
£4M
+12.5% vs 2023
Employees
130
-12.2% vs 2023
Profit before tax
£2M
+35.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-07.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £17,909,955 | £17,953,129 | |
| Operating profit | — | — | — | £1,571,563 | £2,143,320 | |
| Profit before tax | — | — | — | £1,574,915 | £2,140,261 | |
| Net profit | — | — | — | £1,185,749 | £1,592,944 | |
| Cash | £82 | £82 | £0 | £1,376,140 | £1,508,960 | |
| Total assets less current liabilities | — | — | — | £3,509,710 | £3,919,423 | |
| Net assets | — | — | — | £3,146,624 | £3,539,568 | |
| Equity | — | — | — | £3,146,624 | £3,539,568 | |
| Average employees | — | — | — | 148 | 130 | |
| Wages | — | — | — | £4,106,445 | £4,007,560 | |
| Directors' remuneration | — | — | — | £59,287 | £65,652 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.2%
£17,909,955 £17,953,129
-
Cash
+9.7%
£1,376,140 £1,508,960
highest in 5 filed years
-
Net assets
+12.5%
£3,146,624 £3,539,568
-
Employees
-12.2%
148 130
-
Operating profit
+36.4%
£1,571,563 £2,143,320
-
Profit before tax
+35.9%
£1,574,915 £2,140,261
-
Wages
-2.4%
£4,106,445 £4,007,560
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 8.8% | 11.9% | |
| Net margin | — | — | — | 6.6% | 8.9% | |
| Return on capital employed | — | — | — | 44.8% | 54.7% | |
| Gearing (liabilities / total assets) | — | — | — | 45.1% | 45.8% | |
| Current ratio | — | — | — | 1.99x | 2.00x | |
| Interest cover | — | — | — | 84.05x | 117.24x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Hart Shaw LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- IC 107 LIMITED · parent
- Ford Windows Limited 100%
- Griffingold Limited 100%
Significant events
- “GP in 2024 saw a 17% growth.”
- “The group regulates its carbon footprint by seeking movement in all available factors including recycling its main material back to the suppliers originally purchased from and switching vehicles to electric.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHACKLEY, Philip | Director | 2015-04-23 | Dec 1955 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| THORPE, Julian | Director | 2015-04-23 | 2025-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew Julian Thorpe | Individual | Shares 25–50%, Voting 25–50% | 2016-05-14 | Ceased 2025-12-10 |
| Mr Philip Shackley | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-14 | Active |
Filing timeline
Last 20 of 32 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-12 | SH06 | capital | Capital cancellation shares | |
| 2026-01-12 | SH03 | capital | Capital return purchase own shares | |
| 2025-12-11 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-22 | AA | accounts | Accounts with accounts type group | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-25 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-30 | AA | accounts | Accounts with accounts type group | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-14 | AA | accounts | Accounts with accounts type group | |
| 2023-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-19 | AA | accounts | Accounts with accounts type group | |
| 2022-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-13 | AA | accounts | Accounts with accounts type group | |
| 2021-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-11 | AA | accounts | Accounts with accounts type group | |
| 2020-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-12 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
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.