INITIAL EXPRESS LTD
Company number 11359105 · Active · Reading RG7 6JZ
INITIAL EXPRESS LTD is an active private limited company (company number 11359105) incorporated on 14 May 2018, registered in Reading. Its registered activity is service activities incidental to water transportation (SIC 52220). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£24k and cash of £12k, with 0 employees on average. Net assets fell 205% on the prior period (−£7,729).
By net assets it sits in the bottom quarter of 596 comparable companies in the UK (median £7,866, upper quartile £84k).
Key dates
- Incorporated
- 14 May 2018
- Next accounts due
- 31 December 2026 — in 75 days
- Confirmation statement due
- 28 May 2027 — in 223 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 52220
- Service activities incidental to water transportation
- SIC 52290
- Other transportation support activities
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 March 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£24k | £12k | −£15 | £2,195 | — | — | 0 |
| 31 March 2024 | −£7,729 | £24k | £15k | £16k | — | — | 0 |
- Current ratio
- 5.67 — comfortable
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 43/100 (grade D)
- -15 Negative net assets — Net assets £-23,596 at 2025-03-31
- -8 Net assets falling — -205.3% vs prior period
- +8 Comfortable liquidity — Current ratio 5.67
- +8 Established — Incorporated 2018-05-14 (8 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Alexander James Hegarty — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 14 May 2018
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Reading
Same activity (service activities incidental to water transportation), closest in incorporation date.
- JDLA LIMITED — Reading, inc. Feb 2014
- THAMES VALLEY UTILITIES LTD — Reading, inc. Oct 2022
- COMPLETE MARINE LIMITED — Reading, inc. Jun 2023
- NEOWORLD LTD — Slough, inc. Apr 2013
- BETA CARGO SOLUTIONS LTD — Maidenhead, inc. Sept 2023
- SEA TRANSPORTATION LIMITED — Henley-On-Thames, inc. Apr 2012
Reminders for INITIAL EXPRESS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.