Back to search

Initio ( Uk ) Ltd

08530960

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OFFICE 1, FIRST FLOOR OFFICE 1, 1ST FLOOR, CADISHEAD, M44 5BQ
Incorporated 16/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Ms Amy Gorton

director · Since 16/05/2013

SALES PERSON

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mrs Amy Gorton

75–100% shares

British · England · Age 39

Office 1, First Floor, Office 1, 1st Floor, Cadishead, M44 5BQ

Notified 01/05/2017

CompanyRankvs 4666+ SIC 47640 peers
38

Financial strength7th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

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

Longevity13/15 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 31/05/2025

Net Worth

-£45k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£82

Working capital

Current Assets

£406

Current Liabilities

£488

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with v2025.83.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.83+£2k
20242.10+£0
20232.10

Derived from filed accounts. Not audited figures.