IONIC IT LTD
Company number NI068056 · Active · Magherafelt BT45 8DP
IONIC IT LTD is an active private limited company (company number NI068056) incorporated on 14 February 2008, registered in Magherafelt. Its registered activity is information technology consultancy activities (SIC 62020). Latest small accounts cover the period ending 31 December 2025, showing net assets of £3.28m and cash of £3.38m, with 11 employees on average. Net assets rose 36% on the prior period (£2.41m). Across the last 3 periods on record the net-asset trend is rising.
By net assets it sits in the top quarter of 733 comparable companies in Belfast (median £8,562, upper quartile £48k).
Key dates
- Incorporated
- 14 February 2008
- Next accounts due
- 30 September 2027 — in 349 days
- Confirmation statement due
- 28 February 2027 — in 135 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62020
- Information technology consultancy activities
- SIC 62090
- Other information technology service activities
- Accounts type
- Total Exemption Full
- Size band
- Small (Companies Act thresholds)
Financials — 3 periods on record, latest ending 31 December 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £3.28m | £3.38m | £295k | £553k | — | — | 11 |
| 31 December 2024 | £2.41m | £2.79m | £165k | £675k | — | — | 12 |
| 31 May 2024 | £1.98m | £1.92m | £403k | £477k | — | — | 9 |
- Current ratio
- 6.69 — comfortable
- Cash per employee
- £307k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 93/100 (grade A)
- +10 Positive net assets — Net assets £3,277,560 at 2025-12-31
- +8 Net assets growing — +35.9% vs prior period
- +8 Comfortable liquidity — Current ratio 6.69
- +4 Cash reserves — Cash £3,375,489
- +5 Multi-year filing history — 3 periods on record
- +8 Established — Incorporated 2008-02-14 (19 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Flipsake Holdings Ltd (corporate entity, Northern Ireland) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 31 August 2023
- Mr Patrick Cassidy (Jr) — owns 75–100% of shares · since 14 February 2017 · ceased 31 August 2023
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Belfast
Same activity (information technology consultancy activities), closest in incorporation date.
- INTEGRAL PROJECT SERVICES LTD — Belfast, inc. Apr 2008
- JOB DONE RIGHT LIMITED — Lisburn, inc. Dec 2007
- G L S C CONSULTING LIMITED — Belfast, inc. Dec 2007
- APPS INFOSYSTEMS LIMITED — Belfast, inc. Nov 2007
- BALLYLOUGH LIMITED — Antrim, inc. May 2008
- ELUCIDATE CONSULTANCY LIMITED — Belfast, inc. Oct 2007
Reminders for IONIC IT LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.