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INITION LIMITED

Company TypePrivate Limited
Company Number04143493
Incorporated2001-01-18
IndustryOther information technology service activities
Websitewww.inition.co.uk
Phone Number020 76135004
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

INITION LIMITED was formed on the 18th January 2001 (filed on the 12th May 2017) , and are based in 23 Curtain Road, London. They are currently rated E and are considered to represent a below average risk score. Their credit score was last updated on 18th May 2017 when it was upgraded to the current E from F. Companies house classifies them as Full Accounts. This information was last updated on the 22nd May 2017.

In 2016, they made a post-tax profit of £-173,000 on a turnover of £3,263,000 (down 67% from 2015) .

There is 1 major shareholder listed for INITION LIMITED with Parity Solutions Limited owning the most shares by value.

Addresses

Registered address

Dawson House 5 Jewry Street
London
EC3N 2EX

Trading addresses

23 Curtain Road
London
EC2A 3LT
79 Leonard St,
London
London
EC2A 4QS
1 more trading address not shown.

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £254,000 £217,000 £161,000 £374,000 £299,000
Tangible net worth £135,000 £-89,000 £298,000 £587,000 £415,000
Current liabilities £2,117,000 £1,765,000 £934,000 £1,359,000 £712,000
Current assets £1,788,000 £1,213,000 £746,000 £1,449,000 £698,000
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 0.84 0.69 0.80 1.07 0.98
Efficiency ratios
Return on assets -0.07 -0.24 0.06 0.18 0.21
Return on capital employed -0.55 -1.65 0.18 0.62 0.73
Gearing ratios
Debt to equity ratio - - - - -
Equity ratio - - - - -
Debt ratio - - - - 0.01
Other ratios
Debtor days - - - - -
Interest cover - - 56.33 - 321.00

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Details of 1 mortgage available.

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