# I C MECHANIC LTD (12986926)

> I C MECHANIC LTD is an active private limited company (company number 12986926) incorporated on 30 October 2020, registered in Ipswich. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest micro accounts cover the period ending 31 October 2024, showing net assets of £2,985, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 42% on the prior period (£2,109).

- Status: Active
- Incorporated: 2020-10-30
- Registered office: Ipswich, IP3 9HR
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2026-07-31
- Confirmation statement due: 2026-11-13
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 7,203 comparable companies in Other (median £4,498, upper quartile £47k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-10-31 | £2,985 | — | — | £205 | — | — | 1 |
| 2023-10-31 | £2,109 | — | — | — | — | — | 1 |

current ratio 15.56; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £2,985 at 31 October 2024
- Net assets up 10% or more on the prior period: +41.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 15.56
- Incorporated five or more years ago: Incorporated 30 October 2020
- Accounts past their due date: Due 31 July 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Ionel Mihai — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-10-30

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12986926
HTML: https://firmoscan.com/company/12986926-i-c-mechanic-ltd