Igi Inex Trading (UK) Ltd
Registered name: IGI INEX TRADING (UK) LTD
Part of W.S Intimorato Capital Limited groupIgi 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full 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) | 2 | 2 | 2 |
| 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 |
| Source | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data May 2026 |
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.
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.
Group structure
Ownership chain
- W.S Intimorato Capital Limitedultimate parent75–100%
- Igi Inex Holding (UK) Ltd75–100%
- Igi Inex Trading (UK) Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Igi Inex Resources (UK) LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.