UK Companies House feature
INSTITUTIONAL CASH DISTRIBUTORS LIMITED
Cash
£5M
+43.5% vs 2020
Net assets
£5M
+51.8% vs 2020
Employees
11
0% vs 2020
Profit before tax
£2M
-18.5% vs 2020
Profile
- Company number
- 07205226
- Status
- Active
- Incorporation
- 2010-03-26
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66190
- Hubs
- UK Fintech
Net assets
2-year trend · vs UK Fintech median
Accounts
2-year trend · latest 2021-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 |
|---|---|---|---|
| Turnover | £5,626,109 | £4,408,111 | |
| Operating profit | £2,386,363 | £1,945,354 | |
| Profit before tax | £2,386,656 | £1,945,354 | |
| Net profit | — | — | |
| Cash | £3,230,734 | £4,637,200 | |
| Total assets less current liabilities | £3,054,948 | £4,634,504 | |
| Net assets | £3,051,951 | £4,632,189 | |
| Equity | £3,051,951 | £4,632,189 | |
| Average employees | 11 | 11 | |
| Wages | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Partners Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis. The directors have made an assessment as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast doubt on the Company's ability to continue as a going concern.”
Significant events
- “On 1 August 2024, ICD Intermediate Holdco 1, LLC and all of its subsidiaries, including the Company, were sold to Tradeweb Markets, LLC. Following the transaction, London Stock Exchange Group plc ("LSEG") became the Company's ultimate parent undertaking effective the same date.”
- “Upon the sale of ICD Intermediate Holdco 1, LLC to Tradeweb Markets, LLC, all remaining P Units both sale-based and time-based vesting, vested and substantially all remaining P Units expense was recognised as of 31 July 2024.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADAMS, Karl Philip John | Director | 2020-01-01 | Sep 1971 | British |
| BRITTON, Thomas Charles Mervyn | Director | 2025-03-05 | Jan 1975 | British |
| HAZARD IV, Victor James | Director | 2019-07-30 | May 1965 | American |
| STAUSSI, Anita Virginia | Director | 2025-12-08 | May 1975 | American |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALDRY, Edwin Phillip | Director | 2010-03-26 | 2019-07-30 |
| BENNIE, John Duggan | Director | 2010-03-26 | 2011-10-27 |
| GREENWAY, James Matthew | Director | 2012-11-01 | 2019-12-31 |
| MACDONALD, Magdalena | Director | 2010-03-26 | 2012-11-01 |
| MARTIN, Mason Jeffrey | Director | 2022-12-07 | 2025-05-01 |
| NEWTON, Thomas Phillip | Director | 2010-03-26 | 2025-03-05 |
| ROACH, Richard David | Director | 2020-01-01 | 2025-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Karl Philip John Adams | Individual | Significant influence | 2020-01-01 | Ceased 2026-03-25 |
| Mr Richard David Roach | Individual | Significant influence | 2020-01-01 | Ceased 2026-03-25 |
| Mr Victor James Hazard Iv | Individual | Significant influence | 2019-07-30 | Ceased 2026-03-25 |
| Icd Intermediate Holdco 1, Llc | Corporate entity | Significant influence | 2018-01-01 | Active |
| Icd Intermediate Holdco2, Llc | Corporate entity | Shares 75–100% | 2018-01-01 | Active |
| Mr Thomas Phillip Newton | Individual | Significant influence | 2016-04-06 | Ceased 2025-03-05 |
| Mr James Matthew Greenway | Individual | Significant influence | 2016-04-06 | Ceased 2019-12-31 |
| Mr Edwin Phillip Baldry | Individual | Significant influence | 2016-04-06 | Ceased 2019-07-30 |
| Mr Jeff Jellison | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-01-01 |
| Icd Holdings Llc | Corporate entity | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-03-27 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-03-27 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-03-27 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2026-01-27 | AP01 | officers | appoint person director company with name date |
| 2025-09-23 | AA | accounts | accounts with accounts type full |
| 2025-07-31 | TM01 | officers | termination director company with name termination date |
| 2025-06-20 | TM01 | officers | termination director company with name termination date |
| 2025-04-16 | ANNOTATION | miscellaneous | legacy |
| 2025-04-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-02 | AP01 | officers | appoint person director company with name date |
| 2025-03-28 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-03-28 | TM01 | officers | termination director company with name termination date |
| 2024-11-01 | AD01 | address | change registered office address company with date old address new address |
| 2024-10-25 | AD01 | address | change registered office address company with date old address new address |
| 2024-08-06 | AA | accounts | accounts with accounts type full |
| 2024-04-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-04-08 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-04-08 | CH01 | officers | change person director company with change date |
| 2024-04-08 | CH01 | officers | change person director company with change date |
Credit score
Altman Z″ (private-firm) · reference 2021-12-31
13.78
SAFE
Altman Z″
- Working capital / Total assets 0.846 × 6.56 = +5.55
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.356 × 6.72 = +2.39
- Book equity / Total liabilities 5.559 × 1.05 = +5.84
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory