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Initium24 Ltd

15612839

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

212A BOCKING LANE, SHEFFIELD, S8 7BP
Incorporated 03/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Miss Teresa Dale

director · Since 03/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Lee Docherty

director · Since 03/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Miss Teresa Dale

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

British · England · Age 56

212a Bocking Lane, Greenhill, Sheffield, S8 7BP

Notified 03/04/2024

Mr Lee Docherty

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

British · England · Age 57

212a Bocking Lane, Greenhill, Sheffield, S8 7BP

Notified 03/04/2024

CompanyRankvs 12528+ SIC 96020 peers
59

Financial strength70th percentile among SIC peers · 18/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.01× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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12528Initium24 Ltd
59
How is this score calculated?
Financial strength18/25 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.

Longevity2/15 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 30/04/2025

Net Worth

£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£11k

Current Liabilities

£6k

Fixed Assets

£175

1avg. employees

Balance Sheet

Assets less current liabilities£6k

EstimatesDerived

YearCurrent Ratio
20252.01

Derived from filed accounts. Not audited figures.