INITIATIVE FACTORY (TRADING COMPANY) LIMITED Financials
- Company number
- 04127589Copy
Copy - Registered office
- C/O HARGREAVES & WOODS, Cholmondeley House, Dee Hills Park, Chester, Cheshire CH3 5AR
- Incorporated
- 19/12/2000
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
136.07%vs 20232023: £-11.28K
Total Assets
7.89%vs 20232023: £40.00K
Cash in Bank
11.40%vs 20232023: £35.46K
Total Liabilities
-23.78%vs 20232023: £51.28K
Employees
-2vs 20232023: 8
In 2024, INITIATIVE FACTORY (TRADING COMPANY) LIMITED reported net assets of £4.07K. The same filing shows total assets of £43.16K, cash in bank of £39.50K and total liabilities of £39.09K. Reported headcount was 6 in 2024. Net Assets rose from £-11.28K in 2023 to £4.07K in 2024 (136.07%). 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
136.07%from £-11.28K 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 INITIATIVE FACTORY (TRADING COMPANY) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
-18.5%vs 2022-9.7% a year compound (CAGR)
Total Assets
-26.8%vs 2022-14.4% a year compound (CAGR)
Total Liabilities
-43.2%vs 2022-24.6% a year compound (CAGR)
Employees
-33.3%vs 2022-3Biggest decrease
Total Liabilities-43.2%
£68.81K in 2022 to £39.09K in 2024
INITIATIVE FACTORY (TRADING COMPANY) LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with cash in bank, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from INITIATIVE FACTORY (TRADING COMPANY) 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
- 9.43%2024
- Liabilities to total assets
- 90.57%2024
- Cash to liabilities
- 101.06%2024
- Cash to total assets
- 91.54%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 INITIATIVE FACTORY (TRADING COMPANY) 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£ | -102.51K | -14.60K | -11.28K | 4.07K |
| Total Assets£ | 81.16K | 58.93K | 40.00K | 43.16K |
| Cash in Bank£ | 65.15K | 48.49K | 35.46K | 39.50K |
| Total Liabilities£ | 177.91K | 68.81K | 51.28K | 39.09K |
| Employees | 10 | 9 | 8 | 6 |
INITIATIVE FACTORY (TRADING COMPANY) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has INITIATIVE FACTORY (TRADING COMPANY) LIMITED filed financial statements?
Yes. Okredo holds filed figures for INITIATIVE FACTORY (TRADING COMPANY) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did INITIATIVE FACTORY (TRADING COMPANY) LIMITED report in 2024?
INITIATIVE FACTORY (TRADING COMPANY) LIMITED reported net assets of £4.07K for 2024. That compares with £-11.28K in 2023, a change of 136.07%.
What total assets did INITIATIVE FACTORY (TRADING COMPANY) LIMITED report in 2024?
INITIATIVE FACTORY (TRADING COMPANY) LIMITED reported total assets of £43.16K for 2024. That compares with £40.00K in 2023, a change of 7.89%.
What cash in bank did INITIATIVE FACTORY (TRADING COMPANY) LIMITED report in 2024?
INITIATIVE FACTORY (TRADING COMPANY) LIMITED reported cash in bank of £39.50K for 2024. That compares with £35.46K in 2023, a change of 11.40%.
How many people does INITIATIVE FACTORY (TRADING COMPANY) LIMITED employ?
INITIATIVE FACTORY (TRADING COMPANY) LIMITED reported 6 employees in 2024, compared with 8 in 2023.
How have INITIATIVE FACTORY (TRADING COMPANY) LIMITED financials changed over the last 3 years?
Between 2022 and 2024, INITIATIVE FACTORY (TRADING COMPANY) LIMITED's cash in bank fell by 18.5%, total assets fell by 26.8%, total liabilities fell by 43.2% and employee numbers fell by 33.3%. Cash in bank contracted at 9.7% a year across the two years to 2024, from £48.49K to £39.50K. Reported headcount went from 9 in 2022 to 6 in 2024 (-3).
Which years of INITIATIVE FACTORY (TRADING COMPANY) 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.