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Office Initiative Limited

05808075

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

NOBLE HOUSE EATON ROAD, HEMEL HEMPSTEAD, HP2 7UB
Incorporated 05/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Joanne Esther Kingston

secretary · Since 05/05/2006

BRITISH · Age 65

Also on 2 other boards

Charles Hubert Kingston

director · Since 05/05/2006

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 2 other boards

Joanne Esther Kingston

director · Since 20/12/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Nicolas Baxter

director · Since 01/06/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Charles Hubert Kingston

Significant control

British · United Kingdom · Age 70

Noble House, Eaton Road, Hemel Hempstead, HP2 7UB

Notified 06/04/2016

Former PSCs

Joanne Esther Kingston

Ceased 31/03/2019

Lucy Rachel Baxter

Ceased 31/03/2019

Adenne Lara Kingston

Ceased 31/03/2019

Hazel Elizabeth Stedman

Ceased 31/03/2019

Jacqui Louise Harvey

Ceased 31/03/2019

CompanyRankvs 33549+ SIC 82990 peers
68

Financial strength51th percentile among SIC peers · 13/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£71k

Current Liabilities

£50k

Debtors

£40k

Profit After Tax

£307k

3avg. employees

Tax at Year End

Dividends paid£442k

Balance Sheet

Assets less current liabilities£21k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.42
20231.07
20222.21
20221.95
20211.99+£8k
20201.76+£436k
20191.19+£119k
20180.97

Derived from filed accounts. Not audited figures.