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Initiate Architecture Ltd

12770601

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

40A CAROLINE ST, BRIDGEND, CF31 1DQ
Incorporated 27/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71111
Architectural activities

Officers

Mr Ross Lee Hartland

director · Since 27/07/2020

ARCHITECT

WELSH · WALES · Age 32

Also on 1 other board

Persons with Significant Control

Mr Ross Lee Hartland

25–50% shares
25–50% votes
Appoint directors

Welsh · Wales · Age 32

40a, Caroline St, Bridgend, CF31 1DQ

Notified 27/07/2020

Former PSCs

Mrs Amy Louise Hartland

Ceased 16/01/2021

CompanyRankvs 4726+ SIC 71111 peers
65

Financial strength80th percentile among SIC peers · 20/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.94× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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4726Initiate Architecture Ltd
65
How is this score calculated?
Financial strength20/25 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.

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.

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 31/07/2024

Net Worth

£50k

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

£46k

Working capital

Current Assets

£62k

Current Liabilities

£16k

Fixed Assets

£5k

Debtors

£829

1avg. employees

Balance Sheet

Assets less current liabilities£51k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.94+£17k
20233.73—

Derived from filed accounts. Not audited figures.