IKON PARENT LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-17 (in 5mo)
Last made up 2025-10-03
Watchouts
Cash
£4M
-8.3% vs 2024
Net assets
£3M
-62.9% vs 2024
Employees
140
+4.5% vs 2024
Profit before tax
-£6M
+9.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £23,199,235 | £23,557,625 | |
| Operating profit | -£4,859,649 | -£4,741,695 | |
| Profit before tax | -£6,429,444 | -£5,843,221 | |
| Net profit | -£5,504,161 | -£5,040,004 | |
| Cash | £4,479,687 | £4,107,292 | |
| Total assets less current liabilities | £11,335,989 | £5,419,450 | |
| Net assets | £7,848,539 | £2,910,941 | |
| Equity | £7,848,539 | £2,910,941 | |
| Average employees | 134 | 140 | |
| Wages | £12,831,808 | £13,593,318 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -20.9% | -20.1% | |
| Net margin | -23.7% | -21.4% | |
| Return on capital employed | -42.9% | -87.5% | |
| Gearing (liabilities / total assets) | 79.7% | 91.6% | |
| Current ratio | 0.45x | 0.48x | |
| Interest cover | -3.08x | -4.27x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- 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 group's or the parent 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
- IKON PARENT LIMITED · parent
- Ikon Intermediate Limited 100%
- Ikon Science Limited 100%
- Ikon Science Americas, Inc. 100%
- Ikon Science Asia Pacific Pty Limited 100%
- Ikon Science Canada Limited 100%
- Ikon Science do Brasil Limitada 100%
- Ikon Science Mexico S De RL De CV 100%
- Ikon Science Malaysia Sdn Bhd 100%
- Ikon Science Singapore Pte. Ltd 100%
- Perigon Solutions Holdings Ltd 100%
- Perigon Solutions Ltd 100%
- Perigon Data Solutions Inc. 100%
Significant events
- “On the 27th December 2024, Ikon Parent Limited was sold to Vela Software International Inc, part of the Constellation Software Inc which is a TSX Listed Company. As part of the transaction, the bank loan which was due for repayment in 2024 was cleared and replaced with an intercompany loan with Vela Software International Inc.”
- “On 24th December 2025, Ikon Parent Limited entered into a credit agreement with Wells Fargo Capital Finance (UK) Limited, acting as administrative agent, providing secured debt financing, including term loan and revolving credit facilities available to the Group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CZEGLEDY, Gabor | Director | 2024-12-27 | Sep 1958 | Canadian |
| GANDHI, Shikha | Director | 2024-12-27 | Jul 1980 | Canadian |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AHLGREN, Eric | Director | 2018-10-04 | 2020-04-01 |
| BASHFORTH, Mark | Director | 2018-10-16 | 2023-12-01 |
| BHAN, Sushma | Director | 2021-03-01 | 2024-12-27 |
| GAFFNEY, Christopher | Director | 2018-10-04 | 2024-12-27 |
| HARGRAVE, Martyn Millwood | Director | 2018-10-16 | 2024-12-27 |
| SAUSSUS, Denis Robert Michel, Dr | Director | 2020-04-01 | 2024-12-27 |
| SCHOETTLE, Derek Curtis | Director | 2020-04-01 | 2024-12-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vela Software International Inc. | Corporate entity | Shares 75–100% | 2024-12-27 | Active |
| Great Hill Equity Partners Vi-A, Lp | Corporate entity | Shares 75–100%, Appoints directors | 2018-10-04 | Ceased 2024-12-27 |
Filing timeline
Last 20 of 51 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-12 MA Memorandum articles
- 2026-01-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-12 | AA | accounts | Accounts with accounts type group | |
| 2026-01-12 | MA | incorporation | Memorandum articles | |
| 2026-01-12 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-10 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-11-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-27 | AA | accounts | Accounts with accounts type group | |
| 2025-01-09 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-01-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-19 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+1.5%
£23,199,235 £23,557,625
-
Cash
-8.3%
£4,479,687 £4,107,292
-
Net assets
-62.9%
£7,848,539 £2,910,941
-
Employees
+4.5%
134 140
-
Operating profit
+2.4%
-£4,859,649 -£4,741,695
-
Profit before tax
+9.1%
-£6,429,444 -£5,843,221
-
Wages
+5.9%
£12,831,808 £13,593,318
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