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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 7377 2949
Net Profit MarginPost-Tax Profit / Revenue (%)

Equifax Credit Score

Very low credit score

Overall Risk Score

Below average

Credit Limit

INITION LIMITED's credit limit is not available.

Not Verified

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Summary

INITION LIMITED was formed on the 18th January 2001 (filed on the 10th May 2016) , and are based in London, 79 Leonard St,. They are currently rated F and are considered to represent a below average risk score. Their credit score was last updated on 17th May 2016 when it was downgraded to the current F from B. Companies house classifies them as Full Accounts. This information was last updated on the 1st August 2016.

In 2015, they made a post-tax profit of £-527,000 on a turnover of £2,235,000 (down 539% from 2014) .

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

Addresses

Registered address

Dawson House 5 Jewry Street
London
EC3N 2EX

Trading addresses

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

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st March 2012
Cash £217,000 £161,000 £374,000 £299,000 £422,661
Tangible net worth £-89,000 £298,000 £587,000 £415,000 £168,003
Current liabilities £1,765,000 £934,000 £1,359,000 £712,000 £741,377
Current assets £1,213,000 £746,000 £1,449,000 £698,000 £811,007
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st March 2012
Solvency ratios
Current ratio 0.69 0.80 1.07 0.98 1.09
Efficiency ratios
Return on assets -0.24 0.06 0.18 0.21 -
Return on capital employed -1.65 0.18 0.62 0.73 -
Gearing ratios
Debt to equity ratio - - - - 7590.67
Equity ratio - - - - 0.00
Debt ratio - - - 0.01 0.02
Other ratios
Debtor days - - - - -
Interest cover - 56.33 - 321.00 -

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Details of 1 mortgage available.

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