ICARUS CYBER TECHNOLOGIES LIMITED

Executive Summary

ICARUS CYBER TECHNOLOGIES LIMITED operates as a micro-entity within the competitive and rapidly evolving UK IT services sector focused on cybersecurity consulting. While financially stable with minimal liabilities, the company’s small scale and resource base limit its competitive reach compared to typical small to medium-sized IT consultancies. Its niche positioning offers agility, but scaling and competing for larger contracts will require strategic investment aligned with sector growth trends in cybersecurity solutions.

ICARUS CYBER TECHNOLOGIES LIMITED - Analysis Report

Company Number: 13041268

Analysis Date: 2025-07-20 13:01 UTC

1. Industry Classification
   ICARUS CYBER TECHNOLOGIES LIMITED operates within the sector classified under SIC code 62090 - "Other information technology service activities." This segment typically includes niche IT service providers offering specialized IT solutions such as cybersecurity consulting, managed IT services, and bespoke software support outside mainstream software development or hardware manufacturing. The sector is characterized by rapid technological change, high demand for digital security, and a competitive landscape driven by innovation and client trust.

2. Relative Performance
   As a micro-entity with an average employee count of one and a modest balance sheet total (£65,529 net assets in 2023), ICARUS CYBER TECHNOLOGIES is at the smallest scale within its industry. Compared to typical IT service providers in the UK, which often range from small enterprises (up to 50 employees) to large consultancies with substantial revenues and assets, ICARUS is a niche micro player. Its financials show a stable but small asset base, with a slight decline in net assets from £71,804 in 2022 to £65,529 in 2023, which is not uncommon for early-stage or consulting-focused micro firms with low fixed assets. The company’s minimal fixed assets (£1,874) and very low current liabilities (£85) suggest a service-centric model with limited capital expenditure.

3. Sector Trends Impact
   The IT services sector, particularly in cybersecurity consultancy, is currently experiencing robust demand driven by increasing cyber threats, regulatory compliance needs (e.g., GDPR, NIS Regulations), and digital transformation initiatives. However, competition is intense with many small specialist firms and larger consultancies vying for market share. The micro-entity nature of ICARUS means it is highly dependent on the expertise and reputation of its director, potentially limiting scalability but allowing agile response to niche client requirements. Market trends such as cloud security, AI-driven threat detection, and remote work security solutions present both opportunities and challenges. The company’s micro size may limit its capacity to invest heavily in R&D or marketing relative to larger competitors.

4. Competitive Positioning
   ICARUS positions itself as a specialist consultancy likely leveraging the director’s expertise in cybersecurity. Its strengths lie in low overheads, flexibility, and personalised client engagement. However, compared to typical sector peers who invest in broader teams, certifications, and technology platforms, ICARUS’s scale and resource constraints represent a competitive weakness in securing larger contracts or expanding client base rapidly. The financial stability with positive net assets and minimal liabilities indicates prudent financial management but also points to limited growth capital. In a sector that values technical certifications and scalability, ICARUS may compete effectively in a niche or local market but faces barriers to scaling into mid-sized or enterprise-level consultancy roles without further investment or team expansion.