I&C LIMITED
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2026-06-23 (in 1mo)
Last made up 2025-06-09
Watchouts
None on the register
Cash
£529K
+224.7% vs 2024
Net assets
£9M
+19.4% highest in 5 filed years
Employees
63
+18.9% highest in 5 filed years
Profit before tax
£5M
+305.2% highest in 4 filed years
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2025-07-31
| Metric | Trend | 2019-08-01 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £9,070,702 | — | — | — | £14,685,949 | £36,899,770 | |
| Operating profit | — | £1,269,722 | — | — | — | £1,724,907 | £5,431,015 | |
| Profit before tax | — | £506,946 | — | — | £3,780,065 | £1,147,730 | £4,650,612 | |
| Net profit | — | £506,946 | — | — | £2,631,537 | £1,316,908 | £3,704,166 | |
| Cash | — | £131,541 | £146,536 | — | £871,756 | £162,807 | £528,565 | |
| Total assets less current liabilities | — | £9,284,994 | £10,018,911 | — | £11,922,992 | £14,404,522 | £15,897,155 | |
| Net assets | — | £1,692,873 | £1,092,718 | — | £3,239,150 | £7,345,245 | £8,768,984 | |
| Equity | £1,410,186 | £1,692,873 | £1,092,718 | £69,860 | £3,239,150 | £7,345,245 | £8,768,984 | |
| Average employees | — | 43 | 38 | — | 54 | 53 | 63 | |
| Wages | — | £2,143,137 | — | — | £3,029,140 | £2,958,984 | £3,892,236 | |
| Directors' remuneration | — | £349,170 | — | — | £479,838 | £507,787 | £459,933 |
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
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31
-
Turnover
+151.3%
£14,685,949 £36,899,770
highest in 3 filed years
-
Cash
+224.7%
£162,807 £528,565
-
Net assets
+19.4%
£7,345,245 £8,768,984
highest in 5 filed years
-
Employees
+18.9%
53 63
highest in 5 filed years
-
Operating profit
+214.9%
£1,724,907 £5,431,015
highest in 3 filed years
-
Profit before tax
+305.2%
£1,147,730 £4,650,612
highest in 4 filed years
-
Wages
+31.5%
£2,958,984 £3,892,236
highest in 4 filed years
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 | 2019-08-01 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 14.0% | — | — | — | 11.7% | 14.7% | |
| Net margin | — | 5.6% | — | — | — | 9.0% | 10.0% | |
| Return on capital employed | — | 13.7% | — | — | — | 12.0% | 34.2% | |
| Current ratio | — | — | — | — | — | 1.08x | 1.14x | |
| Interest cover | — | 1.66x | — | — | — | 2.96x | 6.95x |
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
- Standalone (parent only)
- Auditor
- Ensors
- 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 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. Having undertaken a detailed forecast and cashflow review of coming 12 months the directors are satisfied the business is on a firm footing for trading over the next 12 months. On this basis of the above the accounts have been prepared on a going concern basis.”
Significant events
- “The company is reporting a record year of trading.”
- “The business successfully completed its first offshore wind project during this year and is mid-way through a large tidal defence project.”
- “Additionally, the company continues to adapt its fleet and asset base to meet the current demands of the market and has acquired a 300T crane to support the primary business activities.”
- “On 22 January 2026 the company voted and paid a dividend of £380,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRANFORD, Kristen | Director | 2016-11-16 | Jan 1977 | British |
| COOKE, Luke Andrew | Director | 2026-03-13 | Jul 1990 | British |
| O'SULLIVAN, Matthew | Director | 2020-12-01 | Jan 1983 | British |
| WALSH, John William | Director | 2020-12-01 | Aug 1962 | British |
| WALTON, Mark Daniel | Director | 2023-05-18 | Oct 1986 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEATY, Kenneth Robert | Director | 2015-11-01 | 2019-07-31 |
| FALLOWS, Nicholas James | Director | 2015-05-29 | 2016-06-01 |
| OFFORD, Nicholas William | Director | 2015-07-02 | 2024-04-08 |
| RICHARDSON, Joanne | Director | 2016-01-01 | 2019-07-31 |
| ROBINSON, William George | Director | 2020-12-01 | 2022-01-12 |
| RUNACHER, Jean-Michael Yves Gabriel | Director | 2015-06-19 | 2018-02-20 |
| WYNN, Andrew Thomas | Director | 2015-06-19 | 2019-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| I&C Holdings Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-16 | AA | accounts | Accounts with accounts type full | |
| 2025-12-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-04 | AA | accounts | Accounts with accounts type full | |
| 2025-02-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-28 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-02-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-28 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- 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.