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INITIAL PROJECTS LIMITED

Company TypePrivate Limited
Company Number02589078
Incorporated1991-03-06
IndustryEngineering related scientific and technical consulting activities
Phone Number01902 798798
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

INITIAL PROJECTS LIMITED was formed on the 6th March 1991 (filed on the 13th June 2017) , and are based in West Midlands, Enterprise Drive. They are currently rated B and are considered to represent an average risk score. Their credit score was last updated on 21st June 2017 when it was upgraded to the current B from C. Companies house classifies them as Full Accounts. This information was last updated on the 4th September 2017.

In 2016, they made a post-tax profit of £500,575 on a turnover of £6,881,983 .

There are 3 major shareholders listed for INITIAL PROJECTS LIMITED with Ivor Parry and Adam Chell owning the most shares by value.

Addresses

Registered address

Enitial
Enterprise Drive
Four Ashes
Wolverhampton
WV10 7DE

Trading addresses

Enterprise Drive
Aspley Close
Four Ashes
Wolverhampton
West Midlands
WV10 7DE
Unit 12
Station Rd
Four Ashes
WOLVERHAMPTON
West Midlands
WV10 7DB
1 more trading address not shown.

Financials

30th September 2016 30th September 2015 30th September 2014 30th September 2013 30th September 2012
Cash £1,305,072 £825,449 £84,057 £273,195 £170,115
Tangible net worth £1,156,696 £1,012,680 £892,280 £751,079 £583,047
Current liabilities £2,276,961 £1,931,712 £1,047,349 £1,499,487 £1,005,898
Current assets £3,029,460 £2,530,312 £1,556,036 £1,846,572 £1,195,949
30th September 2016 30th September 2015 30th September 2014 30th September 2013 30th September 2012
Solvency ratios
Current ratio 1.33 1.31 1.49 1.23 1.19
Efficiency ratios
Return on assets 0.13 - - 0.15 0.08
Return on capital employed 0.42 - - 0.46 0.21
Gearing ratios
Debt to equity ratio 517.05 455.99 278.82 369.77 280.62
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.07 - - 0.13 0.19
Other ratios
Debtor days - - - - -
Interest cover 39.81 - - 30.90 14.14

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