Initiate Theatre Ltd
11673172
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/11/2018
ACTOR/ TUTOR/ DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Persons with Significant Control
Mr Andrew Keith Sumner
British · United Kingdom · Age 43
1a, Alder Drive, Preston, PR5 0AD
Notified 12/11/2018
CompanyRankvs 1978+ SIC 85200 peers46
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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 30/11/2024
Turnover
£84k
Annual revenue
Net Worth
-£22k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£757
Working capital
Current Assets
£2k
Current Liabilities
£2k
Fixed Assets
£2k
Profit After Tax
-£31k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.47 | -£18k |
| 2023 | Infinity | +£2k |
| 2022 | Infinity | -£7k |
| 2021 | NaN | +£932 |
| 2020 | Infinity | — |
| 2019 | NaN | — |
Derived from filed accounts. Not audited figures.