Init Innovations In Transportation Limited
07234994
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Init Innovation In Traffic Systems Se
Kaeppelestrasse 4-10, 76131, Karlsruhe, 76019
Reg: Hrb 727217 · Handelsregister · Europeische Aktiengesellschaft
Notified 06/04/2016
CompanyRankvs 8010+ SIC 82990 peers81
Show leaderboard
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 31/12/2024
Net Worth
£1.6M
Balance sheet strength
Cash
£1.9M
Cash in the bank
Net Current Assets
£960k
Working capital
Current Assets
£8.2M
Current Liabilities
£7.3M
Fixed Assets
£880k
Debtors
£6.4M
Tax at Year End(2022)
People Costs(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.13 | -£683k |
| 2023 | 2.39 | +£19k |
| 2022 | 2.30 | +£500k |
| 2021 | 1.87 | +£1.1M |
| 2019 | 1.45 | — |
Derived from filed accounts. Not audited figures.