ICS COOL ENERGY LIMITED

1. ICS COOL ENERGY LIMITED 2005-08-24 → present
2. ICS THERMAL TECHNOLOGY LIMITED 2005-07-14 → 2005-08-24

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given our results and overall financial position the directors consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. ICS COOL ENERGY LIMITED · parent
   1. Tricool Thermal Limited 100% · UK · Dormant
   2. Cool Energy Limited 100% · UK · Dormant
   3. ICS Cool Energy AG 100% · Switzerland · Rental, supply and servicing of industrial process temperature control equipment
   4. ICS Cool Energy BV 100% · Netherlands · Rental, supply and servicing of industrial process temperature control equipment

Significant events

• “2024 saw a return to a more normal macroeconomic environment, with lower inflation, but still a low growth economy. The company continued to demonstrate how resilient our business model is. Turnover increased by 4.8% to £63m with Equipment Orders up by 12.6% and we saw YOY revenue growth across all divisions. We continued to invest in additional Headcount during the year especially on external sales positions, as we look to continue our growth in 2025 and beyond. We continue to be careful in terms of our credit policies as we have seen more small companies go into administration in the last 12 months, with particular emphasis on reducing past due amounts. The early indicators in 2025 are promising, we are seeing continued revenue growth across all streams and strong order performance to start the year.”
• “The company continues to invest to sustain growth with purchases of new Hire equipment of £7.9m and continued investment in our Totton HQ facility including upgrading of lighting and installation of EV charging points. The new company website designed to enhance and simplify the customer experience also went live in 2024.”

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

1

last 12 months

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

• Turnover

  +4.8%

  £60,141,000 → £63,010,000

• Cash

  -16.2%

  £690,000 → £578,000

• Net assets

  +20.2%

  £53,717,000 → £64,568,000

• Employees

  +13.5%

  193 → 219

• Operating profit

  -13.4%

  £16,169,000 → £13,995,000

• Profit before tax

  -15.2%

  £18,372,000 → £15,584,000

• Wages

  +15.3%

  £10,341,000 → £11,923,000

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