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Initia Novi Limited

08923617

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

GROVE HOUSE MERIDIANS CROSS, SOUTHAMPTON, SO14 3TJ
Incorporated 05/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Gordon John Johnston

director · Since 05/03/2014

ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 19 other boards

Mrs Angela Lorraine Trainor

director · Since 27/04/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 3 other boards

Mrs Patricia Gay Johnston

secretary · Since 01/10/2023

Persons with Significant Control

Mr Gordon John Johnston

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 59

Grove House, Meridians Cross, Southampton, SO14 3TJ

Notified 06/04/2016

Former PSCs

Mr Gareth Anthony Stokes

Ceased 27/11/2020

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/07/2015Registered 10/07/2015
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/03/2015Registered 11/03/2015

CompanyRankvs 65610+ SIC 64209 peers
62

Financial strength89th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 5.84× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£470k

Working capital

Current Assets

£567k

Current Liabilities

£97k

Fixed Assets

£1.2M

Debtors

£502k

0avg. employees-2

Tax at Year End

Corp tax£15k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.84+£164
20249.87-£43k
202315.10-£19k
20228.76+£40k
202113.35+£169k
2020+£840k

Derived from filed accounts. Not audited figures.