Initial Film Sales Ltd
11915343
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 06/05/2025
Due 20/05/2026
Industry
Officers
director · Since 05/05/2021
TV PRODUCER
BRITISH · IRELAND · Age 75
Also on 1 other board
Persons with Significant Control
Mr Laurence James Millaney
British · Ireland · Age 75
68, Rodney Street, Liverpool, L1 9AF
Notified 30/03/2019
CompanyRankvs 968+ SIC 59131 peers31
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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 31/03/2025
Turnover
£45k
Annual revenue
Net Worth
-£10k
Balance sheet strength
Cash
£1k
Cash in the bank
Profit Before Tax
-£18k
Bottom line earnings
Net Current Assets
-£28k
Working capital
Current Assets
£10k
Current Liabilities
£39k
Debtors
£9k
Cost of Sales
£45k
Gross Profit
-£429
Admin Expenses
£18k
Profit After Tax
-£18k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.27 | +£0 |
| 2025 | 0.27 | — |
| 2024 | 0.02 | — |
Derived from filed accounts. Not audited figures.