CompanyTrack
I

INET3 LIMITED

Active Bury St. Edmunds

Non-life insurance

0 employees Website
Financial services Non-life insuranceNon-life reinsurance
I

INET3 LIMITED

Non-life insurance

Founded 6 Mar 1992 Active Bury St. Edmunds, England 0 employees magentainsurance.co.uk
Financial services Non-life insuranceNon-life reinsurance
Accounts Submitted 25 Sept 2025
Confirmation Statement Submitted 13 Oct 2025
Net assets £2.62M £717.23K 2024 year on year
Total assets £7.55M £538.96K 2024 year on year
Total Liabilities £4.93M £178.27K 2024 year on year
Charges 4
4 satisfied

AI Analysis

AI Analysis

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Contact & Details

Registered Address

First Floor, 2 Cornhill Cornhill Bury St. Edmunds IP33 1BE England

Office (Bury Saint Edmunds)

3 Whiting St, Bury Saint Edmunds IP33 1NX

Credit Report

Discover INET3 LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£3.72M

Increased by £1.60M (+75%)

Net Assets

£2.62M

Increased by £717.23k (+38%)

Total Liabilities

£4.93M

Decreased by £178.27k (-3%)

Turnover

£3.94M

Increased by £1.78M (+82%)

Employees

N/A

Decreased by 29 (-100%)

Debt Ratio

65%

Decreased by 8 (-11%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 400,000 Shares £400k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
30 Jun 2021400,000£400k£1

Officers

Officers

3 active 19 resigned
Status
David James ReidDirectorBritishUnited Kingdom6025 Sept 2003Active
David James ReidSecretaryBritishUnknown25 Jun 2004Active
Diane CollinsDirectorBritishEngland5821 Jul 2021Active

Shareholders

Shareholders (2)

Dual International Limited
100.0%
400,2002 Oct 2023
Inet3 Group Limited
0.0%
02 Oct 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Dual International Limited

United Kingdom

Active
Notified 1 Jul 2023
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

David James Reid

Ceased 6 Apr 2016

Ceased

Inet3 Group Limited

Ceased 1 Jul 2023

Ceased

Catherine Sian Bell

Ceased 6 Apr 2016

Ceased

Group Structure

Group Structure

DUAL INTERNATIONAL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HGH MIDCO 3 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HGH FINANCE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HGH MIDCO 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HGH MIDCO 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
INET3 LIMITED Current Company

Charges

Charges

4 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
13 Oct 2025Confirmation StatementConfirmation statement made on 2025-09-30 with no updatesView(3 pages)
25 Sept 2025AccountsAnnual accounts made up to 2025-09-30View(1 page)
10 Jun 2025OtherAudit exemption statement of guarantee by parent company for period ending 30/09/24View(3 pages)
10 Jun 2025AccountsAnnual accounts filedView(169 pages)
10 Jun 2025OtherNotice of agreement to exemption from audit of accounts for period ending 30/09/24View(1 page)
13 Oct 2025 Confirmation Statement

Confirmation statement made on 2025-09-30 with no updates

25 Sept 2025 Accounts

Annual accounts made up to 2025-09-30

10 Jun 2025 Other

Audit exemption statement of guarantee by parent company for period ending 30/09/24

10 Jun 2025 Accounts

Annual accounts filed

10 Jun 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 30/09/24

Recent Activity

Latest Activity

Confirmation statement made on 2025-09-30 with no updates

4 months ago on 13 Oct 2025

Annual accounts made up to 2025-09-30

4 months ago on 25 Sept 2025

Audit exemption statement of guarantee by parent company for period ending 30/09/24

8 months ago on 10 Jun 2025

Annual accounts filed

8 months ago on 10 Jun 2025

Notice of agreement to exemption from audit of accounts for period ending 30/09/24

8 months ago on 10 Jun 2025