ICON UNIT 2 PROPCO LIMITED
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Cash
£9.3K
Latest balance sheet
Net assets
-£3.1M
-28.5% lowest in 6 filed years
Employees
2
0% vs 2024
Profit before tax
-£872K
-198% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Real Estate median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £1,709,000 | £3,177,704 | £3,459,265 | £3,311,711 | £3,280,357 | -0.9% | |
| Operating profit | -£38,000 | £1,040,000 | £2,228,883 | £2,413,940 | £2,366,406 | £2,190,702 | -7.4% | |
| Profit before tax | -£129,000 | -£952,000 | -£217,415 | -£167,939 | -£292,628 | -£871,963 | -198% | |
| Net profit | -£129,000 | -£952,000 | -£338,538 | -£46,816 | -£950,951 | -£689,382 | +27.5% | |
| Cash | — | — | — | — | — | £9,256 | — | |
| Total assets less current liabilities | — | — | £53,314,461 | £52,800,021 | -£1,759,999 | -£2,631,962 | -49.5% | |
| Net assets | -£129,000 | -£1,081,000 | -£1,420,555 | -£1,467,371 | -£2,418,322 | -£3,107,704 | -28.5% | |
| Equity | -£129,000 | -£1,081,000 | -£1,420,555 | -£1,467,371 | -£2,418,322 | -£3,107,704 | -28.5% | |
| Average employees | 2 | 2 | 2 | 2 | 2 | 2 | 0% | |
| Wages | — | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — | — |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 60.9% | 70.1% | 69.8% | 71.5% | 66.8% | |
| Net margin | — | -55.7% | -10.7% | -1.4% | -28.7% | -21.0% | |
| Return on capital employed | — | — | 4.2% | 4.6% | — | — | |
| Current ratio | — | — | — | 0.78x | 0.02x | 0.02x | |
| Interest cover | -0.42x | 0.52x | 0.91x | 0.93x | 0.89x | 0.72x |
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 4 times since incorporation
- ICON UNIT 2 PROPCO LIMITED 2024-11-22 → present
- MCL ICON UNIT 2 PROPCO LIMITED 2021-05-03 → 2024-11-22
- THG ICON UNIT 2 PROPCO LIMITED 2020-07-10 → 2021-05-03
- THG ICON UNIT 3 PROPCO LIMITED 2020-05-30 → 2020-07-10
- HELIUM MIRACLE 304 LIMITED 2020-03-19 → 2020-05-30
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Hurst Accountants Limited
- 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.”
Significant events
- “The Company is party to fixed and floating charges over its assets to secure the liabilities of Icon HoldCo Limited and its subsidiary undertakings. As a result, the company may be held responsible for the liabilities of other group companies which at 31 December 2025 totalled £111,904k (2024: £111,904k).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FELLOWES, Jade Abigail | Director | 2024-11-14 | Apr 1985 | British |
| ROXBURGH, William | Director | 2026-04-02 | Feb 1984 | British |
| SHAH, Suleman | Director | 2026-05-21 | Feb 1982 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2020-03-19 | 2020-05-29 |
| ARMSTRONG, Ian William | Director | 2023-07-10 | 2024-11-14 |
| GALLEMORE, John Andrew | Director | 2020-05-29 | 2022-06-20 |
| HARRIS, Michael Paul | Director | 2020-03-19 | 2020-05-29 |
| MOULDING, Jodie | Director | 2022-06-20 | 2024-11-14 |
| POCHIN, James Patrick | Director | 2020-05-29 | 2022-06-20 |
| PRINCE, Helen Anne | Director | 2024-11-14 | 2026-05-21 |
| WEBSTER, Jenny | Director | 2022-06-20 | 2023-07-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Icon 2 Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-09 | Active |
| Icon 3 Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-02 | Ceased 2020-07-09 |
| The Hut Ihc Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-05-29 | Ceased 2020-07-02 |
| Oakwood Corporate Nominees 2019 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-19 | Ceased 2020-05-29 |
Filing timeline
Last 20 of 64 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-09 MA Memorandum articles
- 2024-12-06 RESOLUTIONS Resolution
- 2024-11-22 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-26 | CH01 | officers | Change person director company with change date | |
| 2026-05-22 | CH01 | officers | Change person director company with change date | |
| 2026-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-14 | AA | accounts | Accounts with accounts type full | |
| 2026-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-19 | AD02 | address | Change sail address company with old address new address | |
| 2025-08-08 | AA | accounts | Accounts with accounts type full | |
| 2025-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-09 | MA | incorporation | Memorandum articles | |
| 2024-12-06 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-22 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-21 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- 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.