How much does I.c.s. (UK) Limited make?

I.c.s. (UK) Limited reported revenue of £195m and £4.3m profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does I.c.s. (UK) Limited have?

I.c.s. (UK) Limited reported an average of 356 employees in the year to 31 Mar 2026.

Is I.c.s. (UK) Limited profitable?

Yes — I.c.s. (UK) Limited reported a profit of £4.3m in the year to 31 Mar 2026.

Company No. 03665746 · Incorporated 11 Nov 1998

I.c.s. (UK) Limited

Registered name: I.C.S. (UK) LIMITED

Part of Ics UK (1976) Limited group

I.c.s. (UK) Limited made £195m revenue and £4.3m profit in the year to 31 Mar 2026.

I.c.s. (UK) Limited’s revenue grew 13% to £195m in the year to 31 Mar 2026, with £4.3m profit and 356 employees. The company is classified under “non-specialised wholesale of food, beverages and tobacco” and is based in West Yorkshire; we hold 5 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46390Non-specialised wholesale of food, beverages and tobacco

Status: Active
Location: West Yorkshire, Yorkshire and The Humber
Age: 27 yrs · since 1998
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2026

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£195m

Growth ▲13.2%

Profit

£4.3m

Growth ▲26.1%

Profit margin

2.2%

Gross 13.3%

Employees

356

Change ▲13.7%

Profit / employee

£12.2k

Revenue/employee £547k

Profitable streak

5yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	5 Apr 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£91.7m	£122m	£151m	£172m	£195m
Cost of sales	£80.8m	£109m	£133m	£150m	£169m
Gross profit	£10.9m	£13.3m	£18.8m	£22.3m	£25.8m
Operating profit	£3.1m	£2.3m	£3.8m	£4.5m	£6m
Profit before tax	£3.1m	£2.1m	£3.8m	£4.5m	£6m
Profit after tax	£2.6m	£1.6m	£2.7m	£3.4m	£4.3m
Profit (best available)	£2.6m	£1.6m	£2.7m	£3.4m	£4.3m
Staff costs	£4.3m	£5.4m	£8.3m	£9.6m	£12.2m
Employees (average)	189	219	298	313	356
Ratios
Profit margin	2.9%	1.3%	1.8%	2%	2.2%
Gross margin	11.8%	10.9%	12.4%	13%	13.3%
Revenue per employee	£485k	£557k	£508k	£550k	£547k
Profit per employee	£13.9k	£7.4k	£9k	£11k	£12.2k
Cash conversion	−94%	−174.4%	−41.6%	−69.9%	−118.6%
Growth (year on year)
Revenue growth	—	▲33.1%	▲24.1%	▲13.6%	▲13.2%
Profit growth	—	▼38%	▲64.5%	▲28.2%	▲26.1%
Headcount growth	—	▲15.9%	▲36.1%	▲5%	▲13.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£2.1m	£1.9m	£2.6m	£4.5m
Net assets	£7m	£7.7m	£7.9m	£7.9m	£8m
Fixed assets	£6.6m	£8.1m	£7.8m	£4.5m	£4.5m
Current assets	£13.5m	£17.1m	£20.3m	£21.9m	£24.1m
Debtors	£4.9m	£5.4m	£6.5m	£7.4m	£8.8m
Cash from operations	−£2.9m	−£3.9m	−£1.6m	−£3.2m	−£7.1m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Oct 2026

Derived from the latest filing

How the business works

Profit margin: 2.2%; Profit ÷ revenue.
Gross margin: 13.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £547k; Revenue ÷ average employees.
Profit per employee: £12.2k; Profit ÷ average employees.
Cash conversion: −118.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲1%; Now £8m
Cash at bank: ▲73%; Now £4.5m
Headcount: ▲14%; Now 356
Deferred income: —; Now —
Fixed assets: ▲1%; Now £4.5m

Corporate ownership

Group structure

Ownership chain

Ics UK (1976) Limitedultimate parent75–100%
I.c.s. (UK) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £4.3m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.