Initiative Business Systems Limited
03087091
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/09/1995
COMPUTER SOFTWARE SALES AND SU
BRITISH · UNITED KINGDOM · Age 63
secretary · Since 01/04/2014
secretary · Since 01/02/2019
Persons with Significant Control
Mr. Chris Johnson Woods
English · United Kingdom · Age 63
Pippingford Manor, Nutley, TN22 3HW
Notified 06/04/2016
CompanyRankvs 40707+ SIC 62020 peers59
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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 31/03/2025
Net Worth
£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£17k
Current Liabilities
£16k
Fixed Assets
£807
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.10 | +£1k |
| 2024 | 1.01 | -£1 |
| 2023 | 0.98 | +£107 |
| 2022 | 1.64 | -£308 |
| 2021 | 0.95 | +£176 |
| 2020 | 0.87 | +£24 |
| 2019 | 0.89 | — |
Derived from filed accounts. Not audited figures.