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Inet3 Limited

02694581

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR, 2 CORNHILL, BURY ST. EDMUNDS, IP33 1BE
Incorporated 06/03/1992

Compliance

Last accounts

30/09/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

65120
Non-life insurance
65202
Non-life reinsurance

Officers

Mrs Diane Collins

director · Since 21/07/2021

COMPLIANCE AND SYSTEM DEVELOPMENT DIRECT

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Dual International Limited

75–100% shares
75–100% votes
Appoint directors

One Creechurch Place, London, EC3A 5AF

Reg: 3540129 · Companies House · Limited By Shares

Notified 01/07/2023

Former PSCs

Mr David James Reid

Ceased 06/04/2016

Ms Catherine Sian Bell

Ceased 06/04/2016

Inet3 Group Limited

Ceased 01/07/2023

Charges0 outstanding

charge
satisfied

EMMA FOXALL

Created 09/03/2010Registered 13/03/2010Satisfied 10/03/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 13/11/2007Registered 16/11/2007Satisfied 24/09/2020
charge
satisfied

MICHAEL CLIVE MACSWINEY

Created 06/09/1999Registered 08/09/1999Satisfied 10/11/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/07/1993Registered 20/07/1993Satisfied 23/04/2002

CompanyRankvs 832+ SIC 65120 peers
69

Financial strength77th percentile among SIC peers · 19/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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832Inet3 Limited
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2020

Net Worth

£261k

Balance sheet strength

Cash

£198k

Cash in the bank

Net Current Assets

-£197k

Working capital

Current Assets

£400k

Current Liabilities

£597k

Fixed Assets

£616k

Debtors

£201k

30avg. employees-3

Tax at Year End

Corp tax£77k

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£419k
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent RatioImplied Profit
20200.67+£83k
20190.41—

Derived from filed accounts. Not audited figures.