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Initium Holdings Limited

11443194

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

2 CHURCH PARK ROAD, BUDE, EX23 0JT
Incorporated 02/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Barnaby Start

director · Since 02/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 5 other boards

Persons with Significant Control

Mr Barnaby Start

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

British · England · Age 49

2 Church Park Road, Crackington Haven, Bude, EX23 0JT

Notified 02/07/2018

Charges5 outstanding

Charge
outstanding

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Charge
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Created 09/10/2018Registered 10/10/2018

CompanyRankvs 44227+ SIC 68100 peers
46

Financial strength88th percentile among SIC peers · 22/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
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.

Employees9/15 pts

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

Liquidity2/20 pts

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

Longevity8/15 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 31/07/2025

Net Worth

£170k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£952k

Working capital

Current Assets

£10k

Current Liabilities

£962k

Fixed Assets

£2.1M

Debtors

£15k

1avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£306
20240.08+£124k
20230.04+£28k
20220.05+£33k
20210.31—
20200.08—
20190.34—

Derived from filed accounts. Not audited figures.