Audax Initiative Ltd
11297474
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/04/2025
micro entity
Next accounts due
31/01/2027
Confirmation statement
Last: 06/10/2025
Due 20/10/2026
Industry
Officers
director · Since 07/04/2018
BUSINESS CONSULTANT
BRITISH · ENGLAND · Age 39
Also on 1 other board
director · Since 01/05/2025
DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 2 other boards
director · Since 01/05/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 3 other boards
Persons with Significant Control
Mr Oliver Field
British · England · Age 39
Handel House, 95 High Street, Edgware, HA8 7DB
Notified 07/04/2018
CompanyRankvs 36074+ SIC 45200 peers29
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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 30/04/2025
Net Worth
-£68k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£80k
Working capital
Current Assets
£14k
Current Liabilities
£94k
Fixed Assets
£13k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.15 | -£17k |
| 2024 | 0.21 | -£2k |
| 2023 | 0.19 | -£912 |
| 2022 | 0.14 | -£9k |
| 2021 | 0.16 | +£6k |
| 2020 | 0.04 | -£16k |
| 2019 | 0.08 | — |
Derived from filed accounts. Not audited figures.