Ikonic Technology Limited in Heywood, OL10 2TT

Description

Data updated on: 01-11-2023

This firm operates under the name of Ikonic Technology Limited. It was founded sixteen years ago and was registered under 06752963 as the registration number. This registered office of the company is based in Heywood. You can contact it at P16 Parklands, Heywood Distribution Park. Launched as Melcain, the firm used the business name until February 2, 2017, when it was replaced by Ikonic Technology Limited. This company's SIC code is 64209 which stands for Activities of other holding companies n.e.c.. The firm's latest accounts describe the period up to 2022-12-31 and the latest annual confirmation statement was released on 2023-09-08.

Christopher P., Joshua G. and Jonathan N. are listed as firm's directors and have been doing everything they can to make sure everything is working correctly since September 12, 2017.

Previous company's names
Ikonic Technology Limited 2017-02-02
Melcain Limited 2008-11-19

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 326 353	1 621 079
Current Assets	18 595 732	22 072 600
Debtors	8 599 497	9 380 290
Net Assets Liabilities	8 906 785	10 940 721
Other Debtors	971 385	543 955
Property Plant Equipment	87 347	123 864
Total Inventories	8 663 311	11 071 231

Other Financial Data
Fees For Non-audit Services	19 905	10 505
Total Fees To Auditors	40 000	55 800
Accrued Liabilities Deferred Income	1 169 264	396 261
Accumulated Amortisation Impairment Intangible Assets	546 905	667 497
Accumulated Depreciation Impairment Property Plant Equipment	64 714	46 856
Additions Other Than Through Business Combinations Intangible Assets		37 033
Additions Other Than Through Business Combinations Property Plant Equipment		5 500
Administrative Expenses	7 430 149	8 496 809
Amounts Owed By Directors		491 415
Amounts Owed To Directors		1 471 653
Amounts Owed To Group Undertakings	24 664	164 730
Average Number Employees During Period	75	90
Bank Borrowings	648 333
Bank Borrowings Overdrafts	28 333	3 870 225
Bank Overdrafts	72 452	3 870 225
Called Up Share Capital Not Paid	1 000	850
Cash Cash Equivalents	1 594 370	-1 160 012
Comprehensive Income Expense	3 802 263	4 586 108
Corporation Tax Recoverable	21 025	343 907
Cost Sales	88 353 761	88 040 896
Creditors	10 370 929	11 803 089
Current Tax For Period	987 206	1 075 874
Deferred Tax Asset Debtors	6 571
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period		6 571
Distribution Costs	1 585 122	1 394 235
Dividends Paid Classified As Financing Activities	-2 367 006	-2 574 500
Equity Securities Held	260 743	268 680
Finished Goods Goods For Resale	8 663 311	11 071 231
Fixed Assets	710 315	671 210
Further Item Deferred Expense Credit Component Total Deferred Tax Expense		6 571
Further Item Tax Increase Decrease Component Adjusting Items		11 831
Future Minimum Lease Payments Under Non-cancellable Operating Leases	350 486	430 377
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income	1 810	17 907
Gross Profit Loss	14 006 848	15 491 369
Increase Decrease In Current Tax From Adjustment For Prior Periods	38 384	-50 321
Increase From Amortisation Charge For Year Intangible Assets		120 592
Increase From Depreciation Charge For Year Property Plant Equipment		7 137
Intangible Assets	332 253	248 694
Intangible Assets Gross Cost	879 158	916 191
Interim Dividends Paid	2 367 006	2 574 500
Investments	290 715	298 652
Investments Fixed Assets	290 715	298 652
Investments In Subsidiaries	29 972	29 972
Other Creditors	7 162 954	6 290 042
Other Debtors Balance Sheet Subtotal	10 218 078	9 315 935
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		24 995
Other Disposals Property Plant Equipment		24 995
Pension Other Post-employment Benefit Costs Other Pension Costs	230 079	217 103
Percentage Class Share Held In Subsidiary		100
Prepayments Accrued Income	245 932	314 082
Profit Loss	3 800 453	4 608 586
Profit Loss On Ordinary Activities Before Tax	4 991 577	5 600 325
Property Plant Equipment Gross Cost	82 556	57 561
Social Security Costs	358 785	401 842
Staff Costs Employee Benefits Expense	3 976 648	4 340 387
Tax Decrease Increase From Effect Revenue Exempt From Taxation	33 228
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit		-24 700
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	31 244	25 191
Tax Tax Credit On Profit Or Loss On Ordinary Activities	987 206	1 032 124
Total Borrowings	28 333	3 870 225
Total Current Tax Expense Credit	987 206	1 025 553
Trade Creditors Trade Payables	4 031 054	4 712 865
Trade Debtors Trade Receivables	5 889 389	5 680 728
Turnover Revenue	102 360 609	103 532 265
Wages Salaries	3 387 784	3 721 442
Annual Emissions As Ratio Quantifiable Factor Associated With Entitys Activities	2	2
Annual Quantity Emissions In Tonnes Carbon Dioxide Equivalent From Combustion Fuel Operation Facilities	113	111
Average Number Directors	4	3