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Initial Parking Limited

11760551

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 83, BIRMINGHAM, B2 4AY
Incorporated 10/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Mark Edward Ashby

director · Since 30/01/2019

CHARTERED ACCOUNTANT

ENGLISH · ENGLAND · Age 55

Also on 3 other boards

Mr Ben Richard Johnson

director · Since 30/01/2019

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 55

Also on 1 other board

Mr James Anthony Diss

director · Since 31/10/2023

OPERATIONS DIRECTOR

ENGLISH · ENGLAND · Age 59

Also on 5 other boards

Persons with Significant Control

Mr Benjamin Richard Johnson

Significant control

British · Portugal · Age 55

Suite 83, 51 Pinfold Street, Birmingham, B2 4AY

Notified 16/07/2024

Former PSCs

Mr Ben Richard Johnson

Ceased 25/04/2022

Mrs Natalie Jane Ashby

Ceased 31/05/2019

Mr Mark Edward Ashby

Ceased 16/07/2024

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 01/05/2020Registered 09/05/2020

CompanyRankvs 28060+ SIC 96090 peers
57

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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28060Initial Parking Limited
63
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

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

Liquidity6/20 pts

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

Longevity7/15 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 31/12/2024

Net Worth

£655k

Balance sheet strength

Cash

£257k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£430k

Current Liabilities

£518k

Fixed Assets

£821k

Debtors

£24k

11avg. employees+1

Balance Sheet

Intangible assets£0
Assets less current liabilities£785k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83+£400k
20230.84+£148k
20220.68-£391k
20211.01+£164k
20201.40+£118k
20192.50—

Derived from filed accounts. Not audited figures.