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Initial Flooring Ltd

12451399

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

74 THE STREET, NORWICH, NR8 5DD
Incorporated 10/02/2020

Compliance

Last accounts

28/02/2026

micro entity

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 09/02/2026

Due 23/02/2027

On track

Industry

43290
Other construction installation
43330
Floor and wall covering

Officers

Mr Aaron Roberts

director · Since 10/02/2020

FLOOR FINISHER

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Mr Aaron Roberts

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 36

17, Whistlefish Court, Norwich, NR5 8QR

Notified 10/02/2020

CompanyRankvs 20837+ SIC 43290 peers
40

Financial strength34th percentile among SIC peers · 9/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees4/15 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.

Longevity6/15 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 28/02/2026

Net Worth

£152

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£32k

Current Liabilities

£32k

Fixed Assets

£8k

1avg. employees

Balance Sheet

Total assets£41k

EstimatesDerived

YearCurrent Ratio
20260.99
20250.79
20241.18
20230.93
20220.85
20212.03

Derived from filed accounts. Not audited figures.