INITIAL GROUP (RITSON STREET) LTD

Company number 09772457 · Active

INITIAL GROUP (RITSON STREET) LTD is a private limited company registered in SPENNYMOOR, United Kingdom, incorporated on 10 Sep 2015. Its registered activity is buying and selling of own real estate. Its latest published accounts for the period ending 28 Feb 2025 show equity of £92k, total assets of −£130k. It has filed 6 sets of accounts, 3 of them after the deadline. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 89 % of active companies in the United Kingdom. 0.2× the average annual insolvency rate (0.12 %).

Raises the risk

Late filings2.5×≥ 2 · 0.29 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Region1.9×DL · 0.22 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Total assets (log)0.3×< 2.87772 · 0.03 % became insolvent
Industry0.3×68 · 0.04 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
09772457 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
10 Sep 2015 (11 years)
Registered address
DL16 7JW SPENNYMOOR
Postcode area
Darlington
Activity
68100 Buying and selling of own real estate
Industry
Real estate activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
28 Feb 202515 Nov 2025– –£92k−£130k £499k£541
29 Feb 202415 Sep 2024– –£160k−£132k £422k£180
28 Feb 202315 Nov 2023– –−£77k£12k £468k£6341
28 Feb 202215 Feb 2023– –£2,720£71k £24k£10
28 Feb 202115 Feb 2022– –£25k£79k £54k£5001
29 Feb 202015 Feb 2021– –£28k£209k ––0

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Darlington

Questions about INITIAL GROUP (RITSON STREET) LTD

What is the company number of INITIAL GROUP (RITSON STREET) LTD?

INITIAL GROUP (RITSON STREET) LTD is registered under company number 09772457 in the official register of United Kingdom. View it at the official register.

Is INITIAL GROUP (RITSON STREET) LTD still active?

Yes. INITIAL GROUP (RITSON STREET) LTD is registered as active (status: Active).

Has INITIAL GROUP (RITSON STREET) LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for INITIAL GROUP (RITSON STREET) LTD in the official data.

How likely is INITIAL GROUP (RITSON STREET) LTD to become insolvent?

Our model estimates a 0.03 % probability that INITIAL GROUP (RITSON STREET) LTD becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.

When was INITIAL GROUP (RITSON STREET) LTD founded?

INITIAL GROUP (RITSON STREET) LTD was incorporated on 10 Sep 2015.

Where is INITIAL GROUP (RITSON STREET) LTD registered?

INITIAL GROUP (RITSON STREET) LTD's registered address is in DL16 7JW SPENNYMOOR (Darlington), United Kingdom.

What do the latest accounts of INITIAL GROUP (RITSON STREET) LTD show?

The latest published accounts (period ending 28 Feb 2025) show equity of £92k, total assets of −£130k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.