# INETIC LIMITED (04322550)

> 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.

- Status: Active
- Incorporated: 2001-11-14
- Registered office: Manchester, M3 4LZ
- SIC 25930: Manufacture of wire products, chain and springs
- SIC 85590: Other education n.e.c.
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-11-28
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 206 comparable companies in the UK (median £142k, upper quartile £878k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£1.80m | £199k | — | £953k | — | — | 51 |
| 2024-12-31 | −£1.03m | £419k | £506k | £465k | — | — | 51 |
| 2023-12-31 | £364k | £436k | £1.13m | £610k | — | — | 58 |

current ratio 2.25; net assets trend falling; size band micro.

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

- Net assets below zero: Net 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 year: Current ratio 2.25
- Cash at bank of £50,000 or more: Cash £199,069
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 14 November 2001

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

## Persons with significant control

- Mr Ging Hoon Tan — owns 50–75% of shares, since 2021-06-30

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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/04322550
HTML: https://firmoscan.com/company/04322550-inetic-limited