Thistle Initiatives Group Limited
13048754
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
group
Next accounts due
31/12/2026
Confirmation statement
Last: 26/11/2025
Due 10/12/2026
Industry
Officers
director · Since 27/11/2020
COMPLIANCE CONSULTANT
BRITISH · ENGLAND · Age 48
Also on 10 other boards
director · Since 13/10/2022
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 33
Also on 3 other boards
director · Since 19/02/2026
BRITISH · UNITED KINGDOM · Age 48
Also on 5 other boards
director · Since 19/02/2026
BRITISH · UNITED STATES · Age 58
Also on 7 other boards
director · Since 27/02/2026
BRITISH · ENGLAND · Age 63
Also on 9 other boards
Former
Mr Mark Ian Husler
director · Resigned 16/06/2026
Persons with Significant Control
Dragontail Holdings Limited
4, St. Paul's Churchyard, London, EC4M 8AY
Reg: 13045283 · Uk Register Of Companies · Private Company Limited By Shares
Notified 27/11/2020
Charges1 outstanding
Tc Loans Limited as Security Trustee for the Secured Parties
Not applicable.
CompanyRankvs 4846+ SIC 64209 peers51
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£765k
Balance sheet strength
Cash
£3.8M
Cash in the bank
Profit Before Tax
-£261k
Bottom line earnings
Net Current Assets
£2.5M
Working capital
Current Assets
£2.5M
Current Liabilities
£1k
Fixed Assets
£1k
Debtors
£3.5M
Cost of Sales
£505k
Admin Expenses
£10.4M
Profit After Tax
-£534k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1763.91 |
| 2024 | 87.63 |
| 2023 | 4937.58 |
Derived from filed accounts. Not audited figures.