Company Overview
Init Innovations In Transportation Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 26 April 2010, so this is a well established company. Init Innovations In Transportation Limited has been in business for 15 years and 11 months. The accounts status is small and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Price House 37 Stoney Street, The Lace Market, Nottingham, NG1 1LS
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameINIT INNOVATIONS IN TRANSPORTATION LIMITED
Company Number07234994
Registered Office AddressPrice House 37 Stoney Street
 The Lace Market
 NG1 1LS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/04/2010
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategorySMALL
Returns Next Due Date24/05/2017
Returns Last Made Up Date26/04/2016
Directors & Members
Show Resigned
Juergen Greschner - Director
(German, 65 years old, born November 1961)
Appointed 26 April 2010
 Active
Kerstin Kirschner - Director
(German, 54 years old, born August 1972)
Appointed 14 May 2021
 Active
Jens Mullak - Director
(German, 61 years old, born July 1965)
Appointed 26 April 2010
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Juergen Greschner
No companies found
Kerstin Kirschner
No companies found
Jens Mullak
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 339,918 339,918 269,944
Current Assets 3,748,543 3,748,543 3,704,814
Creditors Due Within One Year 1,626,518 1,626,518 1,985,307
Working Cap 2,122,025 2,122,025 1,719,507
Total Assets Less Current Liabilities 2,461,943 2,461,943 1,989,451
Long-term Liabilities 168,359 168,359 196,322
Net Assets 2,293,584 2,293,584 1,793,129
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,293,584 2,293,584 1,793,129
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 8.3% 8.3% 6.8%
Stocks Inventory - - -
Debtors 40.6% 40.6% 51.6%
Cash Bank In Hand 51.1% 51.1% 40.9%
Current Assets 91.7% 91.7% 93.2%
Creditors Due Within One Year 39.8% 39.8% 49.9%
Net Current Assets Liabilities 51.9% 51.9% 43.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 56.1% 56.1% 45.1%
Capital Employed - - -
Total Assets Less Current Liabilities 60.2% 60.2% 50.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 2.3 2.3 1.9
Solvency Ratio 2.3 2.3 1.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 4,088,461 4,088,461 3,974,758
Debt 1,794,877 1,794,877 2,181,629
Net Assets/Debt 2,293,584 2,293,584 1,793,129

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around NG1 1LS
LITTLE FISH (UK) LIMITED
PRICE HOUSE, 37 STONEY STREET, NOTTINGHAM, NG1 1LS
SOURCE24 LIMITED
PRICE HOUSE, 37 STONEY STREET, NOTTINGHAM, NG1 1LS
JONATHAN M SMITH LIMITED
37 STONEY STREET, NOTTINGHAM, NG1 1LS
JAMES R D ANDERSON LIMITED
37 STONEY STREET, NOTTINGHAM, NG1 1LS
LISA SHARKEY LIMITED
37 STONEY STREET, NOTTINGHAM, NG1 1LS
GRAEME CUSHION LIMITED
37 STONEY STREET, NOTTINGHAM, NG1 1LS
CLARE EAMES LIMITED
18 ST CHRISTOPHER'S WAY, PRIDE PARK, DERBY, DERBYSHIRE, NG1 1LS
LITTLE FISH HOLDINGS LIMITED
Price House, 37 Stoney Street, Nottingham, NG1 1LS
POPPLESTON ALLEN TRAINING LIMITED
37 Stoney Street, Nottingham, NG1 1LS
LISA INZANI LIMITED
C/O POPPLESTON ALLEN 37 STONEY STREET, THE LACE MARKET, NOTTINGHAM, NOTTINGHAMSHIRE, NG1 1LS
Document Filings
Statement of capital following an allotment of shares on 11 December 2025
Confirmation statement made on 26 April 2025 with no updates
Director's details changed for Mr Jens Mullak on 25 April 2024
Director's details changed for Dr Juergen Greschner on 25 April 2024
Confirmation statement made on 26 April 2024 with no updates
Confirmation statement made on 26 April 2023 with no updates
Resolutions
Memorandum and Articles of Association
Director's details changed for Kerstin Kirschner on 7 October 2022
Confirmation statement made on 26 April 2022 with no updates
Appointment of Kerstin Kirschner as a director on 14 May 2021
Termination of appointment of Bernhard Smolka as a director on 14 May 2021
Confirmation statement made on 26 April 2021 with no updates
Change of details for Init Innovation in Traffic Systems Se as a person with significant control on 6 April 2016
Confirmation statement made on 26 April 2020 with no updates
Confirmation statement made on 26 April 2019 with updates
Confirmation statement made on 26 April 2018 with no updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free