ICON AEROSPACE TECHNOLOGY LTD

1. ICON AEROSPACE TECHNOLOGY LTD 2016-08-12 → present
2. ICON POLYMER LIMITED 2005-10-03 → 2016-08-12
3. ICON NORTHERN RUBBER LIMITED 2001-12-27 → 2005-10-03
4. NORTHERN RUBBER COMPANY LIMITED(THE) 1933-12-14 → 2001-12-27

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

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.”

Group structure

1. ICON AEROSPACE TECHNOLOGY LTD · parent
   1. Northern Engineering UK Limited 100% · England and Wales

Significant events

• “Overall, the performance for the year in 2024 continued to improve and was stronger when compared to 2023 despite continued uncertainty in the market arising from the wars in Ukraine, the Middle East and the Global Economic situation. This was mainly due to recovery within the aerospace industry and a robust military sector.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +28.5%

  £22,861,000 → £29,378,000

• Cash

  +223.3%

  £356,000 → £1,151,000

• Net assets

  +8.7%

  £9,105,000 → £9,898,000

• Employees

  +6.9%

  204 → 218

• Operating profit

  +45.2%

  £6,274,000 → £9,109,000

• Profit before tax

  +45.3%

  £6,258,000 → £9,094,000

• Wages

  +13.1%

  £6,875,000 → £7,778,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers