Initiate Resourcing Limited
11514881
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 06/09/2025
Due 20/09/2026
Industry
Officers
director · Since 13/08/2018
COMPANY DIRECTOR
ENGLISH · ENGLAND · Age 38
Also on 1 other board
Persons with Significant Control
Mr Stuart Neil Simpson
English · England · Age 38
125 London Road, London Road, Colchester, CO3 9AW
Notified 13/08/2018
CompanyRankvs 4715+ SIC 78109 peers68
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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 31/08/2024
Net Worth
£7k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
£6k
Working capital
Current Assets
£8k
Current Liabilities
£2k
Fixed Assets
£364
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.98 | -£9k |
| 2023 | 4.51 | -£3k |
| 2022 | 3.75 | +£11k |
| 2021 | 3.44 | — |
| 2020 | 1.07 | — |
Derived from filed accounts. Not audited figures.