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Company No. 13814961 · Incorporated 22 Dec 2021

Igi Inex Trading (UK) Ltd

Registered name: IGI INEX TRADING (UK) LTD

Part of W.S Intimorato Capital Limited group

Igi Inex Trading (UK) Ltd made £132m revenue and £4.8m profit in the year to 31 Dec 2024.

Igi Inex Trading (UK) Ltd’s revenue grew 23% to £132m in the year to 31 Dec 2024, with £4.8m profit and 2 employees. The company is classified under “wholesale of other intermediate products” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46760Wholesale of other intermediate products
Status
Active
Location
London, London
Age
4 yrs · since 2021
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2024

Key figures

Small teamYoung and profitableOperating leverage
Revenue
£132m
Growth ▲23.2%
Profit
£4.8m
Growth ▲207.5%
Profit margin
3.6%
Gross 8.3%
Employees
2
Change 0%
Profit / employee
£2.4m
Revenue/employee £65.9m
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£107m£132m
Cost of sales—£102m£121m
Gross profit—£4.8m£10.9m
Operating profit—£2.1m£6.4m
Profit before tax—£2.1m£6.4m
Profit after tax—£1.6m£4.8m
Profit (best available)—£1.6m£4.8m
Employees (average)222
Ratios
Profit margin—1.5%3.6%
Gross margin—4.5%8.3%
Revenue per employee—£53.5m£65.9m
Profit per employee—£784k£2.4m
Growth (year on year)
Revenue growth——▲23.2%
Profit growth——▲207.5%
Headcount growth—0%0%
Balance sheet — indirect signals, not revenue
Net assets£121£1.6m£6.4m
Current assets£121£107m£240m
Debtors£121£19m£2k
Deferred income—£6.4k£14.3k
SourceFullAccounts · bulk data Nov 2025FullAccounts · bulk data Nov 2025FullAccounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
3.6%
Profit ÷ revenue.
Gross margin
8.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£65.9m
Revenue ÷ average employees.
Profit per employee
£2.4m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲308%
Now £6.4m
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
▲125%
Now £14.3k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. W.S Intimorato Capital Limitedultimate parent75–100%
  2. Igi Inex Holding (UK) Ltd75–100%
  3. Igi Inex Trading (UK) Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £4.8m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.