# INITIAATE LIMITED (11885078)

> INITIAATE LIMITED is an active private limited company (company number 11885078) incorporated on 15 March 2019, registered in Liverpool. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 March 2025, showing net assets of £83k and cash of £71k, with 2 employees on average. Net assets rose 47% on the prior period (£56k).

- Status: Active
- Incorporated: 2019-03-15
- Registered office: Liverpool, L2 5QQ
- SIC 62012: Business and domestic software development
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-29
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 552 comparable companies in Liverpool (median £1,000, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £83k | £71k | £23k | £13k | — | — | 2 |
| 2024-03-31 | £56k | £51k | £5,954 | £3,092 | — | — | 3 |

current ratio 7.04; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £82,821 at 31 March 2025
- Net assets up 10% or more on the prior period: +46.7% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 7.04
- Cash at bank of £50,000 or more: Cash £71,172
- Incorporated five or more years ago: Incorporated 15 March 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Jeremy White — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-03-15
- Mr Enis Mehmet — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-07-10

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11885078
HTML: https://firmoscan.com/company/11885078-initiaate-limited