Travel Technology Initiative Limited
02398368
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 10/05/2026
Due 24/05/2027
Industry
Officers
director · Since 16/09/2014
secretary · Since 01/10/2019
CompanyRankvs 35985+ SIC 62090 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2025
Net Worth
-£4k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£32k
Current Liabilities
£36k
Debtors
£15k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.88 | -£23k |
| 2024 | 2.12 | -£12k |
| 2023 | 2.43 | — |
Derived from filed accounts. Not audited figures.