INITIATE CONSULTANCY LIMITED Financials
- Company number
- 11903774Copy
Copy - Registered office
- 33 Glasshouse Street, London W1B 5DG
- Incorporated
- 25/03/2019
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
23.10%vs 20232023: £1.25M
Total Assets
45.68%vs 20232023: £1.69M
Cash in Bank
35.84%vs 20232023: £791.06K
Total Liabilities
110.60%vs 20232023: £434.08K
Employees
+3vs 20232023: 18
In 2024, INITIATE CONSULTANCY LIMITED reported net assets of £1.53M. The same filing shows total assets of £2.47M, cash in bank of £1.07M and total liabilities of £914.18K. Reported headcount was 21 in 2024. Total Assets rose from £1.69M in 2023 to £2.47M in 2024 (45.68%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
23.10%from £1.25M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures INITIATE CONSULTANCY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+80.4%vs 2022+34.3% a year compound (CAGR)
Cash in Bank
+347%vs 2022+111% a year compound (CAGR)
Total Assets
+147%vs 2022+57.1% a year compound (CAGR)
Total Liabilities
+574%vs 2022+160% a year compound (CAGR)
Employees
+23.5%vs 2022+4Biggest increase
Total Liabilities+574%
£135.72K in 2022 to £914.18K in 2024
Every indicator Okredo holds for INITIATE CONSULTANCY LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INITIATE CONSULTANCY LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 62.25%2024
- Liabilities to total assets
- 37.09%2024
- Cash to liabilities
- 117.55%2024
- Cash to total assets
- 43.59%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for INITIATE CONSULTANCY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 625.89K | 850.56K | 1.25M | 1.53M |
| Total Assets£ | 1.17M | 998.33K | 1.69M | 2.47M |
| Cash in Bank£ | 445.89K | 240.28K | 791.06K | 1.07M |
| Total Liabilities£ | 529.91K | 135.72K | 434.08K | 914.18K |
| Employees | 15 | 17 | 18 | 21 |
INITIATE CONSULTANCY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has INITIATE CONSULTANCY LIMITED filed financial statements?
Yes. Okredo holds filed figures for INITIATE CONSULTANCY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did INITIATE CONSULTANCY LIMITED report in 2024?
INITIATE CONSULTANCY LIMITED reported net assets of £1.53M for 2024. That compares with £1.25M in 2023, a change of 23.10%.
What total assets did INITIATE CONSULTANCY LIMITED report in 2024?
INITIATE CONSULTANCY LIMITED reported total assets of £2.47M for 2024. That compares with £1.69M in 2023, a change of 45.68%.
What cash in bank did INITIATE CONSULTANCY LIMITED report in 2024?
INITIATE CONSULTANCY LIMITED reported cash in bank of £1.07M for 2024. That compares with £791.06K in 2023, a change of 35.84%.
How many people does INITIATE CONSULTANCY LIMITED employ?
INITIATE CONSULTANCY LIMITED reported 21 employees in 2024, compared with 18 in 2023.
How have INITIATE CONSULTANCY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, INITIATE CONSULTANCY LIMITED's net assets rose by 80.4%, cash in bank rose by 347%, total assets rose by 147% and total liabilities rose by 574%. Net assets compounded at 34.3% a year across the two years to 2024, from £850.56K to £1.53M. Reported headcount went from 17 in 2022 to 21 in 2024 (+4).
Which years of INITIATE CONSULTANCY LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.