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Initium Property Solutions Limited

10784549

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

25 ISLAND CENTRE WAY, ENFIELD, EN3 6GS
Incorporated 23/05/2017

Compliance

Last accounts

31/05/2024

micro entity

Next accounts due

31/05/2026

Overdue

Confirmation statement

Last: 22/05/2025

Due 05/06/2026

Overdue

Industry

68100
Buying and selling of own real estate

Officers

Mr Colin Mclennon

director · Since 23/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Colin Mclennon

75–100% shares
25–50% votes

British · England · Age 57

25, Island Centre Way, Enfield, EN3 6GS

Notified 23/05/2017

Former PSCs

Scott Deakin

Ceased 01/01/2019

CompanyRankvs 72925+ SIC 68100 peers
46

Financial strength53th percentile among SIC peers · 13/25
Employees60th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees9/15 pts

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

Liquidity0/20 pts

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

Longevity9/15 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 31/05/2024

Net Worth

£444

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

1avg. employees
Signed by Colin McLennon

EstimatesDerived

YearImplied Profit
2023+£7k
2022+£278
2021+£6k

Derived from filed accounts. Not audited figures.