−£1.80m
vs Dec 2024Active04322550Private limited companyManchester
INETIC LIMITED
Significant control: Ging Hoon Tan (50–75%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Inetic Limited sell?
Registered activity: Manufacture of wire products, chain and springs (SIC 25930). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
INETIC LIMITED is an active private limited company (company number 04322550) incorporated on 14 November 2001, registered in Manchester. Its registered activity is manufacture of wire products, chain and springs (SIC 25930). Latest small accounts cover the period ending 31 December 2025, showing net assets of −£1.80m and cash of £199k, with 51 employees on average. Net assets fell 74% on the prior period (−£1.03m). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the bottom quarter of 206 comparable companies in the UK (median £142k, upper quartile £878k).
02
Ownership and control
- Mr Ging Hoon Tan
- owns 50–75% of shares
- Mr Benjamin John Ballard
- has significant influence or control
- Inetic Holdings Pte. Ltd
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 14 November 200124 yrs ago
- Next accounts due
- 30 September 2027in 340 days
- Confirmation statement due
- 28 November 2026in 34 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 25930
- Manufacture of wire products, chain and springs
- SIC 85590
- Other education n.e.c.
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£199k
−52%vs Dec 2024Not reported
51
No changevs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | −£1.80m | £199k | — | £953k | — | — | 51 |
| 31 December 2024 | −£1.03m | £419k | £506k | £465k | — | — | 51 |
| 31 December 2023 | £364k | £436k | £1.13m | £610k | — | — | 58 |
Current ratio2.25Current assets ÷ creditors within one year
Cash per employee£3,903Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-1,795,028 at 31 December 2025
- Net assets down 25% or more on the prior period-73.6% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 2.25
- Cash at bank of £50,000 or moreCash £199,069
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 14 November 2001
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 340 days
- Confirmation statement duein 34 days
- Accounts period endNet liabilities £1.80m · small accounts
- Accounts period endNet liabilities £1.03m · small accounts
- Accounts period endNet assets £364k · small accounts
- Incorporated
08
Similar companies in Manchester
- UNITED SPRINGS LIMITEDRochdale · inc. Sept 2000
- ASHWORTH SPRINGS LIMITEDRochdale · inc. Feb 2003
- HARPSCREEN (GB) LIMITEDHaydock, St Helens · inc. Nov 2003
- D. MILLS & CO. (SPRING MAKERS) LIMITEDTodmorden · inc. May 1999
- GOODWIN MACHINERY LIMITEDManchester · inc. Sept 2004
- A M P WIRE LIMITEDChadderton · inc. Sept 1998
All companies incorporated on 14 November 2001 · in Nov 2001.
09
Reminders for INETIC LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.