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Initiaate Limited

11885078

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

PACIFIC CHAMBERS, LIVERPOOL, L2 5QQ
Incorporated 15/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Jeremy White

director · Since 15/03/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Enis Mehmet

director · Since 10/07/2019

COMPANY DIRECTOR

BRITISH · UNITED STATES · Age 51

Persons with Significant Control

Mr Jeremy White

25–50% shares
25–50% votes

British · England · Age 52

1 Abbots Quay, Monks Ferry, Birkenhead, CH41 5LH

Notified 15/03/2019

Mr Enis Mehmet

25–50% shares
25–50% votes

British · United States · Age 51

Pacific Chambers, 11 - 13 Victoria Street, Liverpool, L2 5QQ

Notified 10/07/2019

CompanyRankvs 20130+ SIC 62012 peers
57

Financial strength46th percentile among SIC peers · 12/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.04× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£202

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£95k

Current Liabilities

£13k

Fixed Assets

£2k

Debtors

£23k

0avg. employees

Tax at Year End

Corp tax£1k

Balance Sheet

Assets less current liabilities£83k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20257.04
20257.04
202418.28
202311.60
20222.20
20212.88
20202.14

Derived from filed accounts. Not audited figures.