Initiate Business Development Ltd. in Perthshire, PH3 1JQ

Description

Data updated on: 01-11-2023

This business is situated in Perthshire with reg. no. SC268443. This company was registered in 2004. The main office of this company is situated at 17 Beechtree Place Auchterarder. The post code for this place is PH3 1JQ. This enterprise's registered with SIC code 70229 and has the NACE code: Management consultancy activities other than financial management. Initiate Business Development Limited. released its latest accounts for the financial period up to 2022-03-31. The firm's latest annual confirmation statement was released on 2022-11-17.

The following limited company owes its success and constant progress to a team of two directors, namely Lynn G. and Ian G., who have been in charge of the company since 2004.

Ian G. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares .

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	33 413	56 519	100 233	68 389	14 931

Balance Sheet
Current Assets	87 125	92 799	154 046	104 944	77 957	54 853	77 174	71 577	54 606	57 716	61 233	64 232
Cash Bank In Hand	55 534	43 862	96 128	92 037	24 608
Debtors	31 591	48 937	57 918	12 907	53 349
Intangible Fixed Assets	16 250	11 250	1 250	0
Net Assets Liabilities Including Pension Asset Liability	33 413	56 519	100 233	68 389	14 931
Tangible Fixed Assets	2 533	5 931	4 922	4 497	3 638

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	33 313	56 419	100 133	68 289	14 831
Shareholder Funds	33 413	56 519	100 233	68 389	14 931

Other Financial Data
Total Fixed Assets Additions		4 698		658
Total Fixed Assets Cost Or Valuation	57 511	62 209	63 800	64 458	64 458
Total Fixed Assets Depreciation	38 728	45 028	57 628	59 961	60 820
Total Fixed Assets Depreciation Charge In Period		6 300		2 333	859
Accrued Liabilities Not Expressed Within Creditors Subtotal					1 030	1 030	1 030	1 030	1 030	1 030	1 030	1 030
Average Number Employees During Period						2	2	2	2	2	2	2
Creditors					65 634	57 393	45 892	43 304	32 907	52 941	61 926	63 879
Fixed Assets	18 783	17 181	6 172	4 497	3 638	2 952	5 094	5 038	4 021	3 222	3 904	4 749
Net Current Assets Liabilities	14 630	39 338	94 061	63 892	11 293	-1 491	31 282	28 273	21 699	4 775	-693	353
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						1 049
Total Assets Less Current Liabilities	33 413	56 519	100 233	68 389	14 931	1 461	36 376	33 311	25 720	7 997	3 211	5 102
Amount Specific Advance Or Credit Made In Period Directors						260
Creditors Due Within One Year Total Current Liabilities	72 495	53 461	59 985	41 052	66 664
Intangible Fixed Assets Aggregate Amortisation Impairment	33 750	38 750	48 750	50 000	50 000
Intangible Fixed Assets Amortisation Charged In Period		5 000		1 250
Intangible Fixed Assets Cost Or Valuation	50 000	50 000	50 000	50 000	50 000
Tangible Fixed Assets Additions		4 698		658
Tangible Fixed Assets Cost Or Valuation	7 511	12 209	13 800	14 458	14 458
Tangible Fixed Assets Depreciation	4 978	6 278	8 878	9 961	10 820
Tangible Fixed Assets Depreciation Charge For Period		1 300		1 083	859