ICONICHEM GROUP LIMITED
Get an alert when ICONICHEM GROUP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£4.9M
-88.8% vs 2023
Net assets
£12M
-8.4% vs 2023
Employees
61
-4.7% vs 2023
Profit before tax
-£1.1M
-18.7% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £43,187,234 | £39,615,095 | -8.3% | |
| Operating profit | -£5,236,536 | -£3,502,507 | +33.1% | |
| Profit before tax | -£940,060 | -£1,115,519 | -18.7% | |
| Net profit | -£1,140,060 | -£1,115,519 | +2.2% | |
| Cash | £43,926,358 | £4,930,391 | -88.8% | |
| Total assets less current liabilities | £13,291,916 | £12,176,397 | -8.4% | |
| Net assets | £13,291,916 | £12,176,397 | -8.4% | |
| Equity | £13,291,916 | £12,176,397 | -8.4% | |
| Average employees | 64 | 61 | -4.7% | |
| Wages | £2,760,034 | £2,740,960 | -0.7% | |
| Directors' remuneration | £133,518 | £172,267 | +29% |
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 |
|---|---|---|---|
| Operating margin | -12.1% | -8.8% | |
| Net margin | -2.6% | -2.8% | |
| Return on capital employed | -39.4% | -28.8% | |
| Gearing (liabilities / total assets) | 86.3% | 78.6% | |
| Current ratio | 0.75x | 0.50x |
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 1 time since incorporation
- ICONICHEM GROUP LIMITED 2016-10-17 → present
- ENSCO 1146 LIMITED 2015-08-24 → 2016-10-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the group's financial position, the Directors have a reasonable expectation that the group, has adequate resources to continue in operational existence for the foreseeable future. The group therefore continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- ICONICHEM GROUP LIMITED · parent
- ICoNiChem Widnes Limited 100%
Significant events
- “Board report another challenged year of trading against a background of persistent headwinds in the macro-economic environment and within the industry. Sales volumes improved during the year, supported by increased market activity. The business continued to operate in a highly competitive and uncertain landscape, with significant inflationary pressures impacting cost structures and profitability. Cobalt prices remained volatile throughout the year, which further affected margins. However, cobalt prices began to show a steady recovery in the first half of 2025. The Board are confident that the business is well positioned to navigate these market dynamics and deliver improved performance and greater stability in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AKBAS, Asim | Director | 2024-02-06 | Nov 1978 | Turkish |
| CENGIZ, Orhan | Director | 2020-12-09 | Jun 1989 | Turkish |
| SENGUL, Berk | Director | 2024-02-06 | Oct 1989 | Turkish |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GATELEY SECRETARIES LIMITED | Corporate Secretary | 2015-08-24 | 2015-11-10 |
| GARNER, Andrew William | Director | 2017-05-16 | 2020-12-09 |
| GROVE, Jonathon David | Director | 2015-11-10 | 2020-12-09 |
| JONES, Francis Gary | Director | 2017-09-01 | 2024-09-30 |
| KAYISOGLU, Ahmet Emre | Director | 2020-12-09 | 2024-02-29 |
| LITWINOWICZ, Leszek Richard | Director | 2015-11-10 | 2016-08-01 |
| MIDDLETON, Trevor | Director | 2015-11-10 | 2020-12-09 |
| WARD, Michael James | Director | 2015-08-24 | 2015-11-10 |
| GATELEY INCORPORATIONS LIMITED | Corporate Director | 2015-08-24 | 2015-11-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Trevor Middleton | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-12-09 |
| Mr Leszek Richard Litwinowicz | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-12-09 |
| Mr Jonathon David Grove | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-12-09 |
Filing timeline
Last 20 of 60 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-02-01 MA Memorandum articles
- 2021-02-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-12 | AA | accounts | Accounts with accounts type group | |
| 2025-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | AA | accounts | Accounts with accounts type group | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-07 | AA | accounts | Accounts with accounts type group | |
| 2023-08-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-17 | AA | accounts | Accounts with accounts type group | |
| 2022-08-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-05 | AA | accounts | Accounts with accounts type group | |
| 2021-09-15 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2021-08-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-31 | AA | accounts | Accounts with accounts type full | |
| 2021-02-01 | MA | incorporation | Memorandum articles | |
| 2021-02-01 | RESOLUTIONS | resolution | Resolution | |
| 2021-01-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-12-31 | AA01 | accounts | Change account reference date company previous shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.