UK Companies House feature
ICEN RISK LIMITED
Cash
£4M
+155.6% vs 2020
Net assets
£6M
+165.9% vs 2020
Employees
11
+22.2% vs 2020
Profit before tax
£5M
+249.4% vs 2020
Profile
- Company number
- 11691390
- Status
- Active
- Incorporation
- 2018-11-22
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66220
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | £4,414,809 | £9,344,486 | |
| Operating profit | — | £1,415,323 | £4,944,495 | |
| Profit before tax | — | £1,415,323 | £4,944,628 | |
| Net profit | — | — | — | |
| Cash | — | £1,638,251 | £4,186,928 | |
| Total assets less current liabilities | — | £2,410,258 | £6,408,287 | |
| Net assets | — | £2,410,258 | £6,408,287 | |
| Equity | — | £2,410,258 | £6,408,287 | |
| Average employees | — | 9 | 11 | |
| Wages | — | £1,734,711 | £2,253,520 |
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
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group relies on positive cash flows from its operations to meet its funding requirements. The Directors do not anticipate that debt facilities will be required for the foreseeable future. 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.”
Significant events
- “Subsequent to the year-end, the minority interest in Icen Risk Limited, previously held by two directors, was transferred to the parent company, Nexit 2018 Limited. As a result, Nexit 2018 Limited now holds 100% ownership of Icen Risk Limited.”
- “On 28 March 2025, Zurich Insurance Group agreed to acquire 49% of the share capital in Nexit 2018 Limited. The transaction completed on 26 June 2025 having successfully obtained FCA approval. The remaining 51% of the share capital was retained by the existing shareholders.”
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
6 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CALLIDUS SECRETARIES LIMITED | Corporate Secretary | 2019-09-09 | — | — |
| BHOMA, Dawn Lorraine | Director | 2018-11-22 | Oct 1977 | British |
| BROWN, Robert | Director | 2018-11-22 | Dec 1970 | British |
| MASTENBROEK, Luc | Director | 2023-05-16 | Apr 1986 | British |
| QURESHI, Suhail | Director | 2018-11-22 | May 1979 | British |
| THORNTON, Andrew James | Director | 2018-11-22 | Jan 1977 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PARKER, James | Director | 2019-04-01 | 2024-04-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gemma Hourican | Individual | Shares 50–75% | 2023-07-10 | Ceased 2025-08-27 |
| Nexit 2018 Limited | Corporate entity | Shares 75–100%, Appoints directors | 2018-11-22 | Active |
Filing timeline
Last 20 of 61 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-05 | RP01CS01 | confirmation-statement | replacement filing of confirmation statement with made up date |
| 2026-04-24 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2026-03-10 | AD01 | address | change registered office address company with date old address new address |
| 2026-03-10 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-11-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-10 | AA | accounts | accounts with accounts type full |
| 2025-09-04 | MA | incorporation | memorandum articles |
| 2025-09-04 | RESOLUTIONS | resolution | resolution |
| 2025-09-03 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-09-03 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-11-13 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-01 | AA | accounts | accounts with accounts type full |
| 2024-08-29 | SH01 | capital | capital allotment shares |
| 2024-08-28 | RESOLUTIONS | resolution | resolution |
| 2024-08-28 | MA | incorporation | memorandum articles |
| 2024-06-10 | SH06 | capital | capital cancellation shares |
| 2024-06-10 | SH03 | capital | capital return purchase own shares |
| 2024-04-23 | TM01 | officers | termination director company with name termination date |
| 2023-11-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-25 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
61.7
WARM
/ 100
- Filings velocity 83
- Capital events 60
- Officer churn 0
- Headcount trajectory 72
- Accounts trajectory 100
- 10 filing(s) in last 12 months
- 3 capital event(s) in last 24 months
- Employees +22% YoY
- Turnover +112% YoY