Initiative Property Management Ltd
06909866
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/05/2009
PROPERTY MANAGEMENT
BRITISH · ENGLAND · Age 45
Also on 2 other boards
Persons with Significant Control
Mr Steven Richard Greaney
British · England · Age 45
Flat 25 Sanderling, 3 Owls Road, Bournemouth, BH5 1AB
Notified 06/04/2016
CompanyRankvs 370+ SIC 68320 peers89
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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 31/05/2021
Net Worth
£270k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£326k
Working capital
Current Assets
£458k
Current Liabilities
£132k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 3.48 | +£96k |
| 2020 | 4.70 | +£82k |
| 2019 | 2.39 | +£56k |
| 2018 | 1.93 | — |
Derived from filed accounts. Not audited figures.