Initiatec Limited
05217988
Some Concerns
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/07/2025
dormant
Next accounts due
30/04/2027
Confirmation statement
Last: 31/08/2025
Due 14/09/2026
Industry
Officers
director · Since 28/02/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
Also on 16 other boards
Persons with Significant Control
Gough & Kelly Group Limited
Unit 2, Railsfield Mount, Leeds, LS13 3AX
Reg: 09419041 · Companies House Register Of England And Wales · Limited Company
Notified 06/10/2017
Former PSCs
Mrs Marianne Marie Stokes
Ceased 06/10/2017
Mr Andrew Peter Stokes
Ceased 06/10/2017
Charges1 outstanding
SME INVOICE FINANCE LIMITED
HSBC BANK PLC
CompanyRankvs 4040+ SIC 58290 peers31
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
£100
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£361k
Working capital
Current Assets
—
Current Liabilities
£34k
Debtors
£395k
Tax at Year End(2020)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 7.46 | — |
| 2020 | 5.00 | +£33k |
| 2018 | 1.78 | — |
Derived from filed accounts. Not audited figures.