Initiative Arts Projects Ltd
08035565
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 21/05/2025
Due 04/06/2026
Industry
Officers
director · Since 18/04/2012
ARTS CONSULTANT
BRITISH · ENGLAND · Age 68
Also on 4 other boards
director · Since 17/03/2020
ARTIST
BRITISH · ENGLAND · Age 60
Also on 1 other board
director · Since 19/05/2025
GENERAL MANAGER
BRITISH · ENGLAND · Age 58
Also on 1 other board
CompanyRankvs 178320+ SIC 90030 peers46
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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
Turnover
£350
Annual revenue
Net Worth
-£171
Balance sheet strength
Cash
£31k
Cash in the bank
Net Current Assets
£8k
Working capital
Current Assets
£31k
Current Liabilities
£24k
Fixed Assets
£68
Cost of Sales
£35k
Gross Profit
-£35k
Admin Expenses
£3k
Profit After Tax
£3k
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.31 | — |
| 2024 | 0.08 | -£12k |
| 2023 | 1.69 | +£10k |
| 2022 | 0.96 | +£1k |
| 2021 | 0.67 | +£18 |
| 2020 | 0.14 | -£410 |
Derived from filed accounts. Not audited figures.