Initio Services Ltd
11182762
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 31/01/2023
Persons with Significant Control
Mr Vincenzo Tamburro
United Kingdom · United Kingdom · Age 61
51 Coopers Avenue, Heybridge, Maldon, CM9 4YX
Notified 01/02/2018
CompanyRankvs 10730+ SIC 74909 peers71
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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 31/03/2026
Net Worth
£31k
Balance sheet strength
Cash
£41k
Cash in the bank
Net Current Assets
£31k
Working capital
Current Assets
£41k
Current Liabilities
£10k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2026 | 4.25 | -£23k | £42k |
| 2025 | 25.22 | -£74k | £36k |
| 2024 | 4.51 | +£38k | £42k |
| 2023 | 11.13 | — | £31k |
Derived from filed accounts. Not audited figures.