How much does Ice Telecommunications Ltd make?

Ice Telecommunications Ltd reported revenue of £19.2m and £402k profit in the year to 30 Dec 2024, according to its accounts filed at Companies House.

How many employees does Ice Telecommunications Ltd have?

Ice Telecommunications Ltd reported an average of 134 employees in the year to 30 Dec 2024.

Is Ice Telecommunications Ltd profitable?

Yes — Ice Telecommunications Ltd reported a profit of £402k in the year to 30 Dec 2024.

Company No. 09180490 · Incorporated 18 Aug 2014

Ice Telecommunications Ltd

Registered name: ICE TELECOMMUNICATIONS LTD

Part of Ice Comms Holdings Ltd group

Ice Telecommunications Ltd made £19.2m revenue and £402k profit in the year to 30 Dec 2024.

Ice Telecommunications Ltd’s revenue grew 13% to £19.2m in the year to 30 Dec 2024, with £402k profit and 134 employees. The company is classified under “wired telecommunications activities” and is based in Crewe; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61100Wired telecommunications activities

Status: Active
Location: Crewe, North West
Age: 12 yrs · since 2014
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 30 Dec 2024

Key figures

Capital-lightOperating leverage

Revenue

£19.2m

Growth ▲13.2%

Profit

£402k

Growth ▲96.2%

Profit margin

2.1%

Gross 36.2%

Employees

134

Change ▲12.6%

Profit / employee

£3k

Revenue/employee £144k

Profitable streak

2yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	30 Dec 2022	30 Dec 2023	30 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.4m	£15.3m	£17m	£19.2m
Cost of sales	£11.6m	£11m	£10.3m	£12.3m
Gross profit	£6.8m	£4.3m	£6.7m	£7m
Operating profit	£1m	−£2.3m	£229k	£412k
Profit before tax	£509k	−£200k	£194k	£383k
Profit after tax	£428k	−£204k	£205k	£402k
Profit (best available)	£428k	−£204k	£205k	£402k
Staff costs	£4.6m	£4.5m	£4.1m	£4.9m
Employees (average)	137	131	119	134
Ratios
Profit margin	2.3%	−1.3%	1.2%	2.1%
Gross margin	36.8%	28.1%	39.6%	36.2%
Revenue per employee	£134k	£117k	£143k	£144k
Profit per employee	£3.1k	−£1.6k	£1.7k	£3k
Growth (year on year)
Revenue growth	—	▼16.6%	▲10.9%	▲13.2%
Profit growth	—	▼147.7%	—	▲96.2%
Headcount growth	—	▼4.4%	▼9.2%	▲12.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£750k	£58k	£279k	£935k
Net assets	£641k	−£165k	−£1.6m	−£1.2m
Fixed assets	£437k	£341k	£489k	£946k
Current assets	£4.8m	£4.8m	£4.5m	£5.3m
Debtors	£643k	£1.4m	£1.4m	£854k
Deferred income	£30k	£35k	£378k	£202k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 36.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £144k; Revenue ÷ average employees.
Profit per employee: £3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.4%; 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: —; Now −£1.2m
Cash at bank: ▲235%; Now £935k
Headcount: ▲13%; Now 134
Deferred income: ▼47%; Now £202k
Fixed assets: ▲94%; Now £946k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Ice Comms Holdings Ltdultimate parent75–100%
Ice Telecommunications Ltdthis company

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

Subsidiaries (1)

Ice Telecommunications (Chester) LtdFigures not disclosed

Sister companies (1)

Ice Comms Properties LtdFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Dec 2024 (profit £402k), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 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.